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The Australian share market has bounced back to close above the key 5,000 point mark for the first time in a month amid hopes that local interest rates will fall. Official figures showing the unemp..
Norton Gold expects to increase production and continue cutting costs to help keep it on track to meet its 2013 production targets. Norton's gold production rose 28 per cent in the March quarter, w..
Gina Rinehart's Roy Hill iron ore project has awarded $71 million worth of rail and port construction contracts to Decmil Group. Decmil will design and construct rail and port facilities along with..
BHP Billiton's chairman is calling for a summit to head off a fall in Australia's international competitiveness and bring about the biggest economic reforms since the 1980s.Jac Nasser made the call du..
Gold slumped Wednesday in the largest decline since November as details from the US Federal Reserve's latest policy meeting showed more discussion on throttling back on the central bank's easy-money p..
Renters in Sydney, Perth and Darwin are set to pay more because those cities still lack sufficient housing, a study shows. However rental growth in Adelaide, Hobart and Canberra is expected to rema..
Australia's unemployment rate has jumped to its highest level in more than three years and is expected to rise further, boosting the chances of further interest rate cuts.The unemployment rate rose to..
Woolworths has lifted its quarterly sales by 2.5 per cent to $14.4 billion despite challenging retail conditions.Its core Australian food and liquor operations, which includes the Woolworths supermark..
US stocks powered to new record highs on Wednesday after Federal Reserve meeting minutes suggested the Fed's easy-money policies would remain in place for a while longer. The Dow Jones Industrial A..
The Australian share market has closed slightly weaker as investors sold off defensive and high yielding financial stocks after a couple of days of gains. CommSec market analyst Steve Daghlian desc..
India's Adani is confident of providing an extra 10 million tonnes a year of coal capacity for virtually no cost at Queensland's Abbott Point coal port to douse worries about infrastructure bottleneck..
Leighton Holdings fears the early loss of a mining contract at BHP Billiton's Peak Downs coking coal mine will cost it up to $260 million. Leighton announced on Wednesday that the BHP Billiton Mits..
Stocks to watch on the Australian stock exchange at noon on Wednesday: BBG - BILLABONG - down 19 cents, or 26 per cent, to 54 cents Shares in troubled surfwear retailer Billabong have dived to r..
Energy company Santos believes it will win community support for coal seam gas in NSW with a plan to supply a quarter of the state's gas needs from new wells in the remote Pilliga state forest.Santos ..
British entrepreneur Sir Richard Branson is selling his Virgin Money financial services business in Australia to Bank of Queensland in a $40 million deal.Under the deal, the bank will have exclusive u..
The RBA is painting a positive outlook for Australia's economy, despite the end of the mining investment boom nearing and the high dollar weighing on growth. RBA assistant governor of economics Dr ..
The water drained from Billabong as the surfwear retailer's shares plummeted on the back of a cut-price $287 million takeover proposal.Billabong's shares plunged nearly 30 per cent, hitting record low..
The Dow Jones Industrial Average shook off early weakness on Tuesday and pressed through to another record close, led by strong gains in tech shares Microsoft and Intel. The Dow rose 59.98 points (..
The Australian share market enjoyed a bumper day, closing almost one and a half per cent higher on positive overseas leads. Lower than expected inflation in China in March appears to have convinced..
Rex Minerals hopes to start work on developing what it says is Australia's largest unexploited copper project, from next year. The mining hopeful has asked the South Australian government for appro..
Shares in Australia's Alumina have leapt up after its joint venture partner Alcoa signalled that the aluminium industry had turned around, with a jump in profit. The US aluminium giant Alcoa report..
Long-suffering Sundance shareholders have had their investments halved following the collapse of a $1.3 billion takeover deal with China's Hanlong Mining. Analysts wonder whether the Africa-focused..
New Ten Network chief executive Hamish McLennan is tired of promiscuous young TV viewers and is seeking a relationship with older, hopefully more faithful folk. Less than a month into his new job, ..
Troubled surfwear retailer Billabong appears closer to being taken over but at a significantly lower price than previously offered. Billabong said on Tuesday that a consortium headed by its former ..
The company charged with building the national broadband network will adjust to any changes the federal opposition makes to the project if it wins the September election. Opposition Leader Tony Abb..
