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ANZ is the last of the big four banks to pass on the Reserve Bank of Australia's quarter of a percentage point interest rate cut.ANZ's standard variable rate will fall to 5.88 per cent, from Friday Au..
Australia's mining investment boom could fall away faster than anticipated, but there's still uncertainty about how non-mining sectors will take over and help to "rebalance" the economy.In its quarter..
News Corp Australia boss Kim Williams has abruptly exited the company after just 20 months in the job - to be replaced by the retired former head of the Murdoch empire's Victorian operations.It marks ..
Tom Waterhouse has sold his online betting business to Britain's largest bookmaker William Hill, increasing the dominance of Australia's sports betting market by foreign firms.The controversial 31-yea..
Betting via smart phones and other mobile devices continues to grow dramatically, says wagering, keno and gaming machine services firm Tabcorp Holdings.Tabcorp on Friday said its digital wagering turn..
US stocks have snapped a three-day losing streak, catalysed by stronger Chinese trade data and better sentiment on the European economy. The Dow Jones Industrial Average gained 27.65 (0.18 per cent..
The Australian share market has clawed back some of Wednesday's losses due to positive Chinese trade data and a strong profit result from Telstra. All sectors of the market finished strongly, with ..
Bunnings has sold 10 properties to real estate investor BWP Trust for more than $271 million, and will lease them back from the trust. BWP already owns 74 Bunnings properties. Bunnings is owned ..
Weak employment figures show times are tough for job seekers, and economists say things will likely get worse. Australia's unemployment rate was steady at 5.7 per cent in July, the Australian Burea..
Gold miner Newcrest will take a $6.2 billion hit to its bottom line from writedowns on its assets in the 2012/13 financial year.The massive impairments are larger than the company's previous forecast ..
The Australian share market has recovered some of its significant losses from Wednesday, buoyed by a strong profit from Telstra. Shares rose in early trade after Telstra reported a 13 per cent rise..
As it so often happens, the latest jobs figures have something for everyone, from the doomsayers through to the equivocators and on to the rose-tinted glasses brigade. If you think the economy is g..
Telstra chief executive David Thodey says the National Broadband Network will help, not harm, the prospects for the Foxtel pay TV service."The critical thing for Foxtel is to get access to more homes ..
Honda says it will spend $US215 million ($A240.06 million) to expand an engine plant and build two training centres in Ohio.The investment will add about 60 jobs in the state, although 50 of them will..
US stocks on Wednesday retreated for the third straight session on another quiet news day that left investors searching for direction. The Dow Jones Industrial Average dropped 48.07 (0.31 per cent)..
Australian shares have taken their heaviest fall in seven weeks, as healthy housing finance figures may have convinced investors the latest interest rate cut could be the last.Shares also followed the..
Rupert Murdoch's 21st Century Fox, formerly known as News Corp, has reported a boost in profit, but warns the cost of launching its US TV sports networks and currency effects will impact the year ahea..
US stocks ended lower on Tuesday as more data and comments from Federal Reserve officials pointed to the likely pullback in Fed stimulus in the coming months. At the close the Dow Jones Industrial ..
Rupert Murdoch's 21st Century Fox, formerly known as News Corp, has boosted its annual profit but warns the cost of launching its US TV sports networks and currency effects will impact the year ahead...
The Australian dollar is higher despite the Reserve Bank of Australia cutting the cash rate to a an all-time low. At 1700 AEST the local unit was trading at 89.81 US cents, up from 89.09 cents on M..
An interest rate cut has failed to lift the Australian share market into positive territory. Shares fell in morning trade ahead of the Reserve Bank of Australia's rates decision, following falls on..
After vindicating expectations of an interest rate cut on Tuesday, the Reserve Bank of Australia isn't showing much enthusiasm for another. The door remains open but, in announcing the cash rate wo..
The Australian dollar rose by more than a quarter of a US cent after the central bank cut the cash rate to a new record low of 2.5 per cent at its board meeting on Tuesday. The Reserve Bank of Aust..
The employment outlook is getting bleaker, but continued strong net exports should keep the Australian economy from getting into too much trouble. Australia posted its fifth consecutive monthly tra..
SAN FRANCISCO Aug 6 AFP - Fears of dangerous electric shocks caused by unsanctioned chargers for Apple gadgets has prompted the company to announce a trade-in program. From August 16, people with c..
