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Australian shares are marginally firmer after disappointing US jobs numbers convinced investors the US Federal Reserve will maintain its stimulus measures until next year. Some dividend paying stoc..
Electricity and gas provider Origin Energy says it's confident the coalition government's direct action policies will cut carbon emissions.Prime Minister Tony Abbott's plans to repeal the carbon tax a..
The solution to the predicted gas supply crisis facing 17.5 million east coast Australians is under peoples' feet, the head of utility giant AGL Energy says.Chief executive Michael Fraser says Austral..
US stocks have risen on generally solid corporate earnings and increased confidence after a weaker-than-expected jobs report suggested the US Federal Reserve will not soon scale back its stimulus prog..
Australian shares have reached a fresh five and a half year high as the world's biggest miner BHP Billiton drove market gains. Bell Direct equities analyst Julia Lee said BHP's upgraded full year f..
Mining giant Rio Tinto is likely to axe hundreds of back office jobs after signing an outsourcing deal with US technology company IBM. Rio has signed a $100 million, 10 year deal with IBM that will..
Health products maker Blackmores' profit fell by 31 per cent in the first quarter of the financial year due to falling sales in Australia.The company's local sales in the three months to September 30 ..
Australian shares are firmer as rosier production figures from the world's biggest miner BHP Billiton helps boost the overall market. While Wall Street finished flat, Baillieu Holst director Richar..
Department store David Jones could take up to six months to find a new boss, and is likely to look overseas, analysts say.Chief executive Paul Zahra unexpectedly quit on Monday, citing personal reason..
Oil Search lifted production during the September quarter but sold less oil and gas.Production in the three months to the end of September was up 10 per cent from the preceding quarter to 1.78 million..
BHP Billiton's shares leapt up after a record-breaking production report that has investors eyeing a strong profit and better capital returns.The global mining giant upgraded full year iron ore produc..
US stocks have ended little changed as investors took a breather after last week's hefty gains. At the closing bell on Monday, the Dow Jones Industrial Average fell 9.64 points (0.06 per cent) to 1..
Paul Zahra has cited personal reasons for stepping down as chief executive of high-end department store chain David Jones. The announcement that he would leave the company was made on Monday after ..
The Australian share market has closed at a new five-and-a-half-year high, after US and European markets lifted at the end of last week as US government services were re-opened. IG market strategis..
Holiday accommodation bookings are soft despite a rebound in consumer confidence, online travel group Wotif.com says. Addressing his first annual general meeting as managing director, Scott Blume t..
Fast food and fitness firms are generating a higher number of complaints from franchisees and will be audited, the competition regulator says. Australian Competition and Consumer Commission (ACCC) ..
New Zealand shares have rallied, pushing the NZX 50 Index to a record high, after Metlifecare's biggest shareholder said it would exit its stake. The NZX 50 rose 43.966 points, or 0.9 per cent, to ..
Inflation is expected to be below the Reserve Bank of Australia's two to three per cent target range, but likely won't prompt an interest rate cut. The consumer price index (CPI), the key measure o..
Paul Zahra has resigned as the chief executive of department store giant David Jones.Mr Zahra is resigning for personal reasons and will step down when a successor is found, the company told the Austr..
A major property website has seen London house prices soar to a new high this month, beating their previous record by nearly STG30,000 ($A50,479) and fuelling fears that the capital is overheating.Ask..
Australia's unemployment rate is set to rise to around six per cent by early 2014, according to research into the state of the jobs market.According to the Clarius Skills Indicator, which tracks the a..
Spending fell for the first time in 13 months in September, but consumer confidence is expected to pick up in following months.Economywide spending was down 1.4 per cent in September, seasonally adjus..
Australian stocks have jumped to fresh five-year highs in response to gains on global stock markets on Friday night.The local market has climbed more than half a per cent to its higher level since mid..
Google's strong earnings have sent its shares rocketing past the $US1,000 mark, taking the S&P 500 to a new all-time high and giving the Nasdaq a 1.3 per cent gain.But earnings disappointments continu..
Australia's share market has closed at the highest level since mid-2008 as China regains its economic growth pace. A resolution to the US debt crisis also boosted gold prices and the Australian dol..
