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Business confidence is at a three-and-a-half-year high thanks to the election of the Coalition government. The National Australia Bank Business Survey showed business confidence rose eight index po..
Another raft of good economic data shows the Australian economy will pick up pace in the second half of the year, but it also means another interest rate cut this year is unlikely.Job advertisements h..
Canadian diary giant Saputo wants to buy into the Australian market, starting with a $390 million takeover of the Warrnambool Cheese and Butter Company. Saputo has had its eye on Warrnambool for a ..
The Australian Securities Exchange (ASX) has launched a new bookbuilding facility which it says will broaden the number and range of investors who can participate in this process to set the price of n..
US stocks have rebounded with solid gains despite a budget deadlock that kept the government partially shut down for the fourth day in a row. The Dow Jones Industrial Average gained 76.10 points (0..
The Australian share market has closed lower as investors become increasingly concerned that the budget impasse in the United States may lead to the US defaulting on its debts. CMC Markets chief ma..
Agribusiness Elders says a discrepancy in the valuation of cattle in its live export division amounts to a cost of about $18 million. Elders said the negative impact of the discrepancy on the compa..
Toro Energy has received approval to finalise the purchase of the Lake Maitland uranium project in Western Australia from Canada's Mega Uranium. The Foreign Investment Review Board (FIRB) says the ..
German automaker Volkswagen says it will boost production at a plant in southern Brazil, bringing to $4.1 billion its total investment in the country over the 2012-2016 period. After talks with Pre..
Fairfax Media boss Greg Hywood's pay dropped by $375,000 last financial year because he missed out on bonuses as the company posted a $16.4 million full year loss. Mr Hywood's total pay, which incl..
Mining magnate Clive Palmer's political party looks set to hold the balance of power when the new Senate takes shape next July. The coalition will have 33 senators but needs six more votes to pass ..
More than $957 million has been wiped off the market value of construction giant Leighton as investors worry about the impact of corruption allegations.Analysts are warning the company faces a potenti..
Twitter has revealed its highly anticipated stock offering, with the hugely popular messaging platform stating that it seeks to raise $1 billion. The California firm said it had 218 million active ..
US stocks have suffered hefty losses as the partial government shutdown dragged through a third day and worries climbed that the budget battle could escalate into a debt default. The Dow Jones Indu..
Strength in resources and banking stocks has pushed the Australian share market higher despite the continuation of a US Congressional stand-off over budget negotiations. Firmer commodities prices a..
Retailers dominated gainers on the NZX, with Kathmandu putting on a further seven per cent to close at $3.60 on a day when the market as a whole drifted up slightly. The NZX 50 Index rose 1.345 poi..
Record low interest rates are encouraging more people to take out a mortgage but other parts of the economy aren't being stimulated, new figures show. St George economist Janu Chan said the Reserve..
Shares of electric car company Tesla have sunk more than 6 per cent after an internet video showed flames spewing from one of the company's vehicles following a crash near Seattle. Shares of Tesla ..
Seven West Media has promoted the head of its magazines division to chief operating officer as it looks to increase its revenue from new technologies and content. Pacific Magazines chief executive ..
Australian shares are firmer despite the continuation of a US Congressional stand-off over budget negotiations. Wall Street and European equity markets dropped overnight as the partial US governmen..
Long-serving Origin Energy chairman Kevin McCann is retiring from the electricity retailer, and will be replaced by fellow board member and Westpac director Gordon Cairns. Mr McCann has been chairm..
The share market has opened higher despite a partial US government shutdown pushing other markets around the world into the red. CommSec market analyst Steven Daghlian said the modest move higher w..
Activity in the services sector fell at a much slower rate in September, thanks to improvements in sales, new orders and supplier deliveries. The Australian Industry Group Australian Performance of..
US stocks have fallen as the reality of the government shutdown depressed markets and raised concerns about the possibility of a US debt default due to political gridlock. The Dow Jones Industrial ..
Australian shares rose as investors expect the partial US government shutdown to be resolved soon. With the shutdown of non-essential American public services continuing for a second day, investors..
