You don't have credit card details available. You will be redirected to update payment method page. Click OK to continue.
Shareholders have backed the appointment of Graeme Hunt as Transfield Services' new chief executive, as the company begins cutting costs amid weaker industry conditions. The construction and mainte..
Shares in investment manager Perpetual have slumped after the company said it won't post an improved performance in the first half of the financial year. But Perpetual has escaped a "second strike"..
Mining magnate Nathan Tinkler says reports he is in financial strife are incorrect. Mr Tinkler has been involved in several legal disputes in recent months over his failure to pay debts to a number..
Lend Lease has appointed Kylie Rampa as head of its $8.8 billion investment management business in Australia. The investment management business is part of Lend Lease's property division. Lend L..
Women's fashion retailer Noni B says tough retail conditions have continued into the current financial year. "Last year's challenging business conditions are continuing in the current year," Noni B..
Treasury Wine Estates has extended its presence in New Zealand by taking complete ownership in the Rapaura Vintners winery and warehouse in the county's Marlborough region. Treasury Wine, which own..
Australia's manufacturing sector has contracted for an eighth consecutive month amid weakness in selling prices and new orders. The latest Australian Industry Group performance of manufacturing ind..
The Australian share market closed higher after gains across most sectors despite low volumes of trading. At close on Wednesday, the benchmark S&P/ASX200 index was up 31.3 points, or 0.7 per ce..
National Australia Bank has forecast a challenging year ahead after ongoing troubles in Britain caused its first drop in profit since the global financial crisis (GFC). Almost $1 billion in costs f..
In a sign that consumer sentiment may be picking up, Country Road has had a 13.5 per cent increase in comparable sales across Australasia for the first four months of fiscal 2013. Chairman Ian Moir..
Telstra says its half-owned subsidiary Foxtel is free to sell telephone and broadband services alongside pay TV if it helps the business build subscriber numbers. Telstra chief executive David Thod..
JB Hi-Fi says trading conditions remain challenging but it remains confident that it can grow market share during fiscal 2013. Chief executive Terry Smart told the electronics and entertainment ret..
Consolidated Media shareholders have voted overwhelmingly to sell the company's stake in Foxtel to News Limited. More than 99 per cent of shareholders voted in favour of the proposal at a meeting i..
National Australia Bank (NAB) boss Cameron Clyne says rate cuts don't always stimulate economic activity, and not because the banks have failed to pass on cuts in full. After delivering a 22 per ce..
WTI oil prices has risen slightly as traders assessed the impact of superstorm Sandy on crude demand in the United States. In the US, there was only electronic trading as markets were shut down ahe..
Leighton Holdings has posted a net profit of $317 million for the nine months ended 30 September and has reconfirmed its underlying net profit guidance for its full calendar year. The result compar..
Stocks to watch on the Australian stock exchange on Wednesday, October 31 BHP - BHP BILLITON LTD - up 14 cents at $33.97 BHP Billiton expects its Queensland coking coal production capacity to gr..
Homeowners are using rate cuts to pay off their mortgage faster rather than reduce their home loan burden, Commonwealth Bank (CBA) chief executive Ian Narev said on Tuesday. As attention focuses on..
The Australian market finished slightly higher as the closure of Wall Street due to superstorm Sandy led to subdued local trading. At close on Tuesday, the benchmark S&P/ASX200 index was 8.8 po..
Nib is on track to lift its underwriting profits this financial year and remains confident changes to the private health insurance rebate will not have a major impact on the industry. Chief executi..
A joint review by Australia's central bank and other financial regulators has recommended tighter rules for trading of over-the-counter (OTC) derivatives. OTC derivatives, contracts traded between ..
Casino operator Crown wants to make Perth a major gateway for mass-market Chinese gamblers following the success of casino hotspot Singapore. Crown chairman James Packer said Perth's proximity to A..
BHP Billiton expects its Queensland coking coal production capacity to grow by 50 per cent by the end of 2014. The global miner said production capacity in Queensland would reach 66 million tonnes ..
Travel agent Flight Centre says that despite the soft global economy, it plans to expand its number of outlets worldwide and hire more staff. Flight Centre also said on Tuesday that trading in the ..
Virgin Australia has made a $98.7 million takeover offer for regional carrier Skywest. The news came among a slew of announcements by Virgin on Tuesday, including that it had bought a 60 per cent s..
