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Rural services company Elders expects to report a loss of more than $500 million for its recently concluded fiscal year. The company is due to release its full year results on November 18 but has w..
Home loan approvals jumped in September as low interest rates continue working their magic.The number of owner-occupier mortgages approved rose by 4.4 per cent in September, the Australian Bureau of S..
Transurban is buying $475 million of debt held by Sydney's Cross City Tunnel as it looks to take control of the troubled toll road. The 2.1 kilometre tunnel, which connects the west side of Sydney'..
The Australian market looks set to open higher after Wall Street's strong gains following better-than-expected US jobs figures. At 0707 AEDT on Monday, the December share price index futures contra..
US stocks have roared higher after jobs growth in October widely topped forecasts, lifting the Dow to an all-time closing high. The Dow Jones Industrial Average surged 167.80 points (1.08 per cent)..
Australian shares slid as weaker commodity prices weighed down the big miners and banking giant Westpac paid out its dividend. A fall in most base metal prices dented diversified resources giant BH..
Diversified industrial firm Hills says the extension of its technology and communications business into the healthcare sector has been received well. Chief executive Ted Pretty says Hills is an ico..
Groupon has whittled its losses during the third quarter, but weak revenue growth underscores the challenges facing the online daily deal service as it tries to morph into a more comprehensive destina..
The Australian dollar is lower after the Reserve Bank changed its growth forecasts for the economy. At 1200 AEDT on Friday, the Australian dollar was trading at 94.41 US cents, down from 94.83 cent..
ANZ will keep its home mortgage rates on hold following the Reserve Bank of Australia's (RBA) Melbourne Cup day decision to leave the cash rate unchanged. The bank's standard variable rate remains ..
The Australian market is trading lower on the back of weakness on Wall Street and Westpac paying out its dividend. US markets fell overnight in the wake of better-than-expected US gross domestic pr..
Echo Entertainment plans to spend $1.5 billion on a "once in a lifetime opportunity" to take a leading role in Queensland's bid to become a gambling epicentre.The company has unveiled plans to redevel..
US stocks have tumbled despite a successful launch of trading in Twitter stock and report on US economic growth that bested expectations by a wide margin. The Dow Jones Industrial Average lost 152...
Australian shares slipped as ANZ and National Australia Bank paid out their final dividends. The resulting falls in the two banks' share prices proved a major drag on the wider market, Morgans equi..
Bega Cheese is yet to decide on a possible increase in its bid for Warrnambool Cheese and Butter, which is currently the target of a three-way takeover battle. The Bega Cheese board met on Thursday..
Jobs website SEEK is selling its stake in a private colleges firm to a multinational higher education group with ties to former US president Bill Clinton. Laureate International Universities (LUI) ..
A weak set of jobs figures puts the Reserve Bank of Australia in a tough spot. The labour market argues for lower interest rates but the housing market says the opposite. The job figures, releas..
Australia's largest beef producer says the impact of the temporary suspension of live cattle exports to Indonesia in 2011 and drought led to a $31.6 million half-year loss. Australian Agricultural ..
Fairfax Media has avoided a potential board spill, with shareholders approving the company's executive pay policy.More than 97 per cent of shareholder votes lodged at the annual general meeting on Thu..
The Australian economy added just 1,100 jobs in October, but recent retail spending and housing data could be a sign improvement is on the way.October's unemployment rate was steady at 5.7 per cent, a..
Housing is the "great hope" for the economy as the mining investment boom winds down, with the construction industry expanding for the first time in more than three years. The Australian Industry G..
The Dow Jones Industrial Average has climbed to a new record, even as investors punished some tech names after Tesla earnings disappointed.The Dow on Wednesday jumped 128.66 (0.82 per cent) to 15,746...
The Australian share market has closed almost flat, with a healthy quarterly earnings report from the Commonwealth Bank the highlight.Overseas markets had not provided the Australian bourse with any s..
The ageing baby boomer generation is reducing participation in the labour market, but excessive focus on this by over-zealous policymakers could put economic growth at risk.The Reserve Bank of Austral..
Construction giant Leighton has seen more detail of a claims being made in a class action related to allegations of corruption in the company, and says it will vigorously defend the action.Melbourne s..
