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National Australia Bank (NAB) is on track to deliver an annual cash profit higher than $5.5 billion after strong June quarter earnings emphasised the return of margin growth for the bank. Australia..
Extreme volatility rocked the Australian share market, but positive Chinese economic data reversed a horror start triggered by panic selling across the globe.The domestic market was down more than fiv..
Hearing implant company Cochlear says it will continue to expand its business worldwide after shrugging off difficult global financial conditions to report a record profit. The company, which opera..
Debt-laden Centro Properties Group will consolidate its complicated funds structure into a new, publicly listed $7 billion shopping centre owner and manager. The detailed plan involves the cancella..
Leighton Holdings says it will sell a mining services provider based in Western Australia's Pilbara region to BHP Billiton for about $705 million.Leighton said it had signed a heads of agreement for t..
Coca-Cola Amatil's (CCA) first half profit has slumped nearly 28 per cent as it was forced to restructure its struggling SPC Ardmona (SPCA) business in Victoria at a cost of 150 jobs.The soft drink su..
Commonwealth Bank of Australia has cut interest rates on its fixed rate home loans by up to 60 basis points.Australia's largest lender said the fixed rates for its one to five year products will now r..
The perfect storm has broken. The headwinds of the S&P ratings downgrade have collided with the vortex which the Euro-debt disaster has been and these have merged with the potential for a US doubl..
The Australian stockmarket is expected to open lower Tuesday, suffering another day of decline after more carnage in the US overnight. The Dow Jones Industrial Average plummeted 4.4 per cent on Mon..
The price of gold streaked past $US1,700 ($A1,632.18) an ounce for the first time on Monday.Anxious investors sought safety in the metal as stocks tumbled around the world after the US lost its AAA cr..
