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Falls by most major banks and gains among industrial stocks resulted in a flat day on the share market. CMC Markets chief strategist Michael McCarthy said local stocks had performed well considerin..
Origin Energy's $25 billion liquefied natural gas (LNG) project in Queensland is now more than half finished.Australia's largest energy retailer says drilling of coal seam gas wells in central and sou..
Travel agency Flight Centre says it is on track to lift its pre-tax profit after a promising start to the financial year.Managing director Graham Turner told the company's annual general meeting on Th..
Wagering, keno and gaming support services business Tabcorp has called for the national regulation of the wagering sector. Tabcorp says the current state-based rules and taxation regimes are incons..
Uranium miner Paladin Energy says an employee has died, almost a month after receiving significant burns in an electrical incident at its Langer Heinrich Mine in Namibia.Three people, an employee and ..
Building approvals are at a three-year high, showing the housing market is alive and kicking while stoking hopes of a construction boom.Approvals for the construction of new homes rose 14.4 per cent, ..
The housing construction sector is continuing its solid gains, and the trend is likely to continue into the new year, economists say.New home building approvals rose 14.4 per cent across Australia in ..
Supermarket giant Woolworths says it will co-operate with any review into competition law but wants to be given "proper consultation".The retailer and its chief rival Coles will be scrutinised by a "r..
US stocks have closed lower after the US Federal Reserve maintained an aggressive monetary stimulus program and reiterated that it will await stronger economic conditions before scaling it back. Th..
National Australia Bank has made a record profit of almost $6 billion and hopes an improvement in business confidence will boost its bottom line next year.NAB's cash profit, a measure used to reflect ..
New Zealand's official cash rate (OCR) remains at a record-low 2.5 per cent, but Reserve Bank governor Graeme Wheeler says rates are set to rise next year.However, he says the strong New Zealand dolla..
Australian shares have finished firmer as investors expect the US Federal Reserve to maintain its economic stimulus measures. The US Federal Open Market Committee (FOMC) members will meet again on ..
Construction giant Leighton has vowed to fight a class action filed by shareholders seeking to recover losses stemming from the company's massive profit downgrade in 2011. Two years after it first ..
Supermarket giant Coles' private label canned fruit will all be Australian-grown from early next year. Wesfarmers' grocery subsidiary has signed a deal with SPC Ardmona (SPCA) to source 100 per cen..
Billionaire James Packer says an ambitious program to expand the number of Crown's integrated hotel and casino resorts in Asia and Australia is affordable.The Crown chairman told shareholders at the c..
A rise in new home construction appears to be gaining traction with new home sales hitting their highest level in over two years.Sales of new homes increased by 6.4 per cent in September, seasonally a..
Australian stocks have opened higher after Wall Street's Dow Jones and S&P 500 both hit fresh record highs.IG market strategist Evan Lucas said the local market was benefiting from the US' solid lead,..
Transpacific Industries, the Australian waste manager, has put its New Zealand business up for sale, two years after writing down its value.The Queensland-based company has hired Deutsche Bank to help..
Fortescue Metals Group is looking to take advantage of favourable credit market conditions to lower the interest repayments on its debt.The iron-ore giant will seek to reduce the interest rate applied..
A summary of trading in key commodities markets overseas:ENERGYGlobal oil prices fell as dealers booked profits from the prior gains and awaited the US stockpiles report, expected to show yet another ..
The Dow and S&P 500 closed at fresh all-time highs on Tuesday, a day before a US Federal Reserve decision that is expected to maintain its aggressive monetary stimulus.The Dow Jones Industrial Average..
The Australian share market fell as investors took profits after the recent record highs reached by three of the big four banks. ANZ continued to reach new highs after making a record $6.5 billion ..
The company behind the Pizza Capers and Crust Gourmet Pizza chains says an aggressive expansion is going better than planned. Retail Food Group, which additionally owns Donut King, Brumby's Bakery ..
Small businesses are being gouged by bank fees while big business gets off lightly, Reserve Bank data shows. Small business owners are paying up to 10 times more in bank fees than big business, wit..
The Reserve Bank of Australia boss has warned investors that the Australian dollar is still high and will eventually fall from its historically high levels. "These levels of the exchange rate are n..
