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The share market has posted gains after a positive lead from global markets and more encouraging local economic data. A calming in European tensions, speculation of mini-stimulus in China and good ..
Billionaire Kerry Stokes' Seven Group Holdings has lodged a takeover bid for debt laden oil and gas company Nexus Energy. The media and industrial services group plans to acquire all shares in Nexu..
Toy distributor Funtastic has suffered a $26 million half year loss and says sales of some of key brands have been disappointing. The company's loss in the six months to January 31 was largely caus..
New home sales are at a near three year high, driven by a boom in detached house sales. Detached house sales jumped 6.9 per cent in February, according to data from the Housing Industry Association..
Qantas has unveiled a new loyalty program for small and medium sized businesses, just days after the airline angered passengers with changes to its frequent flyer offering. The airline's new awards..
Inflation has continued to rise, signalling the beginning of the end for the record low cash rate. The TD Securities Melbourne Institute monthly inflation gauge rose by 0.2 per cent in March and by..
Andrew Forrest's Fortescue Metals Group will continue exploring for iron ore in the Pilbara despite lower growth forecasts for China and weaker iron ore prices. As the company opened the final stag..
Qantas has drawn the ire of frequent flyers by cutting the number of points passengers can earn on cheaper fares as part of an overhaul of its loyalty program. Hundreds of customers have taken to T..
US stocks have closed in the red, with the tech-rich Nasdaq leading the losses for a second day as investors weigh a batch of mixed economic data. The Dow Jones Industrial Average slipped a scant 4..
The share market has been weighed down by weaker commodity prices and a stronger Australian dollar. The market recovered some of its earlier losses in afternoon trade, but still finished in the red..
The Abbott government's sale of Medibank Private is likely to be a good opportunity for investors, but bad news for the health insurer's staff. Analysts say there will be plenty of market interest ..
Sydney's Cross City Tunnel has been bought by toll road owner Transurban for $475 million. The 2.1 kilometre tunnel connects the west side of Sydney's CBD to Rushcutters Bay in the east, and cost $..
Pharmaceuticals wholesaler and distributor Sigma Pharmaceuticals will increase its focus on services that can be offered by pharmacists as it continues to battle changes to the Pharmaceutical Benefits..
US stocks have finished lower with technology names tumbling the most after the market snubbed a Facebook acquisition announcement and King Digital's first day of trade as a public company. The Dow..
Experienced businessman Robert Millner warns the nation's economy is not as healthy as the latest figures, and some economists, would have you believe. As Mr Millner announced half year earnings fo..
The share market rose on the back of strong consumer confidence data in the US and higher commodity prices. The market gave up some gains in late trade, but most sectors rose, in particular the min..
Rising unemployment and weak consumer confidence are likely to put the brakes on rapidly rising house prices, a real estate data firm predicts. Consulting analyst with Onthehouse.com.au, John Edwar..
Westfield Group has secured $22 billion in funding for its plans to split its Australian and New Zealand operations from its international business. Under the plan, its Australian and New Zealand b..
Insurance Australia Group (IAG) has received the competition watchdog's approval for its $1.85 billion purchase of Wesfarmers' insurance underwriting operations. The Australian Competition and Cons..
Freeing up restriction on trade in China's currency will be difficult but the benefits will be substantial, a Reserve Bank of Australia official says. China's currency, the renminbi, also known as ..
Agricultural chemicals and seeds supplier Nufarm has more than doubled its first-half profit, thanks to strong growth from its South American business and tax credits. Nufarm made a net profit of $..
US stocks have finished higher as biotechnology companies and other high-tech equities steadied following a two-day skid. The Dow Jones Industrial Average gained 91.19 points (0.56 per cent) to 16,..
An investment fund is taking issue with Coca-Cola's pay proposal for management, saying it represents a "raw deal" for shareholders in light of the beverage maker's slowing growth. In a letter to C..
The share market has closed lower as gold stocks came under pressure because of a significant fall in the price of the precious metal. A rebound in iron ore-focused stocks on Tuesday offset some of..
Explosives, mining services and chemicals supplier Orica has secured 100 petajoules (PJ) of gas from Strike Energy. Orica said the additional gas will be supplied over 10 years from 2020. The co..
