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The Australian share market closed slightly higher, with late gains in financial and mining stocks helping the bourse out of earlier negative territory.At 1615 AEST on Wednesday, the benchmark S&P/ASX..
Commonwealth Bank of Australia's (CBA) bid for Count Financial is an opportunistic move made by chief executive designate Ian Narev at the bottom of the cycle which is light on premium, analysts say.O..
Capital city home prices have fallen for a seventh consecutive month as cautious consumers pull back from major purchases amid poor business conditions outside the resource sector.And, in a further si..
Total credit provided to the private sector by banks and other lenders rose by 0.2 per cent in July after falling by 0.1 per cent in June. Over the year to July, total credit rose by 2.7 per cent, ..
A summary of trading in key commodities markets overseas:ENERGYOil prices rallied on Tuesday in volatile, low-volume trade, with sentiment supported by the weaker dollar even as weak new consumer data..
STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE ON WEDNESDAY, AUGUST 31ASL - AUSDRILL LTD - up five cents at $3.36Mining services firm Ausdrill is targeting about $1 billion in revenue this financial..
US stocks closed with modest gains on Tuesday after newly released minutes from the Federal Reserve's key policy committee raised hopes that the Fed would act to boost the ailing economy. The Dow J..
Conciliation talks between Qantas and long-haul pilots over a pay and conditions dispute will continue next month.The airline met with the Australian and International Pilots Association (AIPA) in Syd..
A former chief executive of Centro Properties Group has been fined and its former chief financial officer banned from management for two years for breaches of corporate law.In Melbourne on Wednesday, ..
Investment by Australian miners and exploration companies in Africa has surged to $US20 billion ($A18.8 billion) and more is in the pipeline, Foreign Minister Kevin Rudd says.About 230 Australian reso..
Australian stocks pared back earlier gains to close marginally stronger as investors awaited firmer direction from economic events offshore.The benchmark S&P/ASX200 index was up 5.9 points, or 0.1..
Commonwealth Bank of Australia (CBA) swooped on Count Financial, offering $373 million for the financial planning accountants network in a deal that will make CBA's dealer group Australia's second big..
Retailer Harvey Norman says it remains cautious into fiscal 2012 due to global volatility and weak domestic conditions after posting a nine per cent increase in full year profit. Harvey Norman Hold..
Prime Minister Julia Gillard says union leaders were confused if they thought Labor was considering holding an inquiry into Australia's ailing manufacturing sector. The prime minister has been crit..
Resolute Mining says it swung back to profitability in 2010/11 and expects gold production to rise in the current year. The gold mining and exploration company reported net profit of $61.39 million..
Commuters who swap their car for a bicycle are on the right path to becoming a millionaire, and a healthy one at that, according to figures released by Bicycle Victoria. Ride On Magazine editor Ste..
The corporate regulator has proposed a significant number of changes to the way financial products are advertised, including outlawing indecipherable warnings or disclaimers. The Australian Securit..
European Central Bank president Jean-Claude Trichet urged eurozone governments on Monday to quickly implement a debt crisis plan, under a cloud of high economic uncertainty and market turmoil. Euro..
A roundup of trading on major world markets: NEW YORK - US stock markets rallied on Monday as upbeat data on consumer spending lifted hopes that economic growth would pick up speed, while Hurricane..
Stocks to watch on the Australian stock exchange today (Tuesday August 30)AWE - AWE LTD - up 5.5 cents at $1.255Oil and gas company AWE has posted a $117.6 million full year loss after taking hits on ..
Australian shares pared back earlier gains, but still closed higher as strong company earnings at the end of the reporting season buoyed investor sentiment.At 1615 AEST, the benchmark S&P/ASX200 index..
Breads and spreads maker Goodman Fielder says it will restructure its business after reporting an "unacceptable" full year loss of $166.7 million. The company also said it would not provide guidanc..
Stock in Charter Hall Office Real Estate Investment Trust (REIT) has soared after a Macquarie Group-led consortium lodged a $1.74 billion offer for the trust.The trust owns 19 office properties in Aus..
Toll road operator Macquarie Atlas Roads has decreased its first half loss and expects revenue and earnings to increase in the next 12 months.The company has interests in six toll roads in the United ..
Centro Properties Group's underlying annual profit has fallen 92 per cent due to its sale of assets in the United States and the strength of the Australian dollar.The shopping centre owner is undertak..
