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Caltex's first quarter profit has jumped almost 80 per cent but the company says refiners' margins are likely to be squeezed as capacity in Asia and the Middle East grows. The oil refiner and distr..
The Australian share market has closed flat, held back by weakness among the major banks and expectations of a pause on interest rate cuts following the release of encouraging jobs figures. The une..
Santos has flagged that it could return more cash to shareholders through higher dividends. The oil and gas producer plans to review its dividend policy as its liquefied natural gas joint venture i..
Despite everything you've heard, the federal government is expected to announce a budget surplus on Tuesday. The catch is, we'll have to wait another four years for it. The median forecast for t..
Rio Tinto has copped a serve from its shareholders for what they see as miserly dividend payouts from the mining giant.Richard Giles from the Australian Shareholders Association told Rio Tinto's annua..
Monthly jobs growth continues to bounce up and down like a super ball - but the ball is bouncing higher.Total employment rose by 50,100 in April, pushing the unemployment rate down 0.1 per cent to 5.5..
Property group Mirvac says it is on track to meet its full year financial guidance after a review of its business.The company still expects to achieve earnings per security of between 10.7 cents and 1..
Shares in Billabong have been suspended from trading as the struggling surfwear retailer continues talks over a possible takeover or other transaction.Billabong requested the suspension from trading o..
More rate cuts are on the horizon after National Australia Bank joined its wealthy rivals with a $2.9 billion six month profit.NAB was the first to pass on the central bank's rate cut to borrowers ear..
US stocks Thursday edged lower after recent record-setting gains, despite a favourable report on jobless claims.Five minutes into trade, the Dow Jones Industrial Average dropped 1.99 (0.01 per cent) t..
