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ANZ chairman John Morschel says it is crazy for businesses not to have women account for half of their management teams. But he understands Prime Minister Tony Abbott's difficulties in achieving th..
Australia's recent trade deficits have been pushed further into the red by the new inclusion of small purchases by consumers of goods made overseas. The total value of imports below $1,000 ordered ..
Fish farmer Clean Seas Tuna is planning to raise capital to fund increased production of kingfish. Clean Seas told shareholders at its annual general meeting in Adelaide that details of the capital..
UGL has extended the contract of its chief executive for another 13 months as it moves to split its engineering and property businesses. Richard Leupen, who had been due to step down in March 2014,..
Wages in Australia will fall relative to emerging Asian and developed European economies in the next 20 years unless productivity is boosted, accounting giant PricewaterhouseCoopers says. Of 21 eco..
Takeover target Warrnambool Cheese and Butter Factory could double its earnings in the current financial year as market conditions continue to improve.Higher margins due to the company's business impr..
The Australian market has opened higher after gains on international markets as investors shrugged off worries about the partial US government shutdown. Market analysts believe investors had expect..
US stocks have jumped amid hopes the partial government shutdown will not seriously harm the economy. At the closing bell, the Dow Jones Industrial Average rose 61.33 points (0.41 per cent) to 15,1..
The colossal machinery of the US government will be largely paralysed by the rancorous dispute over President Barack Obama's healthcare law, which conservatives want to gut.In the first such shutdown ..
The Australian share market has closed slightly lower in choppy trading, after the United States government partially closed down because Congress failed to agree upon a new budget. Several factors..
No change in the cash rate, no sign that a cut is likely soon, but no sign that a cut later on has been ruled out. That was the message as the Reserve Bank of Australia decided, as widely anticipat..
Construction giant Leighton has won a $370 million contract to build a new terminal and car park at Melbourne Airport. Leighton will build the airport's new Terminal 4 in a joint venture with its s..
All of the data on Tuesday pointed in the direction of a stronger Australian economy. The headline act was retail trade. The value of spending rose by 0.4 per cent between July and August, after..
Fairfax Media will cut 45 jobs through the merger of business reporting across three newspapers and the closure of glossy magazine inserts.The company announced in an email to staff that the jobs woul..
The Australian share market has had mixed start to trade, with investors taking a cautious approach as the US heads for a likely federal government shutdown. The market was in mildly positive terri..
Agribusiness Elders is investigating discrepancies surrounding the valuation of cattle designated for export.Elders also says seven senior employees in its live cattle trading division have resigned."..
Japan's prime minister has vowed to press ahead with a sales tax hike seen as crucial to shrinking a huge national debt, although critics fear it would derail a budding economic recovery.The move mark..
The US dollar has dipped ahead of the looming shutdown of the US government as a political stalemate over funding the government persists. The euro bought $US1.3524 around 2100 GMT on Monday, up sl..
US stocks have retreated as a partial US government shutdown loomed due to Washington political gridlock over a new budget. The Dow Jones Industrial Average was down 128.57 points (0.84 per cent) t..
Australian shares have suffered their heaviest daily fall in almost two months as nervous investors sold out due to a political impasse in the United States. But analysts say the falls are not worr..
The operator of Japanese cheap-chic clothing chain Uniqlo says it's opening a store in Melbourne early next year. "Uniqlo has selected Emporium Melbourne, a brand new retail complex in the heart of..
The Australian share market is trading lower as investors react to the political impasse over the United States' debt ceiling. "The American debt ceiling and political imbroglio has had an effect o..
Inflation is expected to remain benign despite the weaker Australian dollar, giving the Reserve Bank scope to cut the cash rate further if needed. The TD Securities/Melbourne Institute Monthly Infl..
Australia's largest electricity retailer Origin Energy has sold 800 million in euro bonds ($A1.17 billion) to refinance debt.The proceeds from the eight-year medium-term notes will be used to repay cu..
Toy company Funtastic is shifting its focus towards international markets due to the persistent weakness of the Australian retail sector.Chief executive Stewart Downs said sales of Funtastic products ..
