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Australian shares rallied late, but closed slightly lower on Friday after being dragged down by the banks. Investors were restrained after strong gains on Thursday. IG market strategist Stan Sha..
There was scope to cut the cash rate on Tuesday, but is there still scope to cut again? Readers of the latest Statement on Monetary Policy could not have been blamed for thinking the Reserve Bank o..
The deterioration in the economic outlook underpinning the latest interest rate cut was so minor it is barely detectable in new forecasts from the Reserve Bank of Australia. In its Statement on Mon..
ANZ is the last of the big four banks to pass on the Reserve Bank of Australia's quarter of a percentage point interest rate cut.ANZ's standard variable rate will fall to 5.88 per cent, from Friday Au..
Australia's mining investment boom could fall away faster than anticipated, but there's still uncertainty about how non-mining sectors will take over and help to "rebalance" the economy.In its quarter..
News Corp Australia boss Kim Williams has abruptly exited the company after just 20 months in the job - to be replaced by the retired former head of the Murdoch empire's Victorian operations.It marks ..
Tom Waterhouse has sold his online betting business to Britain's largest bookmaker William Hill, increasing the dominance of Australia's sports betting market by foreign firms.The controversial 31-yea..
Betting via smart phones and other mobile devices continues to grow dramatically, says wagering, keno and gaming machine services firm Tabcorp Holdings.Tabcorp on Friday said its digital wagering turn..
US stocks have snapped a three-day losing streak, catalysed by stronger Chinese trade data and better sentiment on the European economy. The Dow Jones Industrial Average gained 27.65 (0.18 per cent..
