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Building approvals rose strongly in February, although economists caution against reading too much into a single month's result. Approvals for the construction of new homes and units rose 3.1 per c..
Recent interest rates cuts have helped revive Australia's services sector, which is edging closer to growth. However, September's federal election is acting as a handbrake on activity. The findi..
Retail sales have risen strongly for a second straight month, as Australians head to the shops with increasing confidence. Retail trade rose 1.3 per cent in February, well above market expectations..
The chances of Billabong sealing a takeover deal remain up in the air despite the indefinite suspension of the troubled surfwear retailer's shares while talks drag on.Billabong's shares were due to re..
Fairfax Media has won support from key stakeholders with its latest restructure but the market is still waiting for details of how the struggling group will deliver further cost cuts.Fairfax is organi..
US stocks dropped Wednesday after weak economic indicators halted the market's upward momentum of recent weeks. At the closing bell, the Dow Jones Industrial Average sank 111.66 (0.76 per cent) to ..
A lot hinges on the housing industry. The Reserve Bank of Australia has singled it out as one part of the economy that might expand to fill the gap expected to be left by the mining sector as the i..
The Australian share market has closed about 0.6 per cent lower amid mixed economic data. Official figures released on Wednesday showed that Australia's trade deficit had narrowed to $178 million i..
Coal seam gas miner Metgasco says it has been asked to consider gas projects outside New South Wales after new government regulations led to it suspending its operations in the state. A day after C..
A stubbornly high dollar and stimulating growth in underperforming parts of the economy are the big challenges facing Glenn Stevens in his second term as Reserve Bank governor. Federal Treasurer Wa..
Woodside Petroleum's $40 billion Browse gas project could be delayed by up to a decade if it does not come to a final investment decision by June. The oil and gas giant is sticking to its June sche..
Australian stocks were flat at noon after figures revealed the nation's trade deficit had shrunk. Official figures released on Wednesday show Australia's trade deficit narrowed to $178 million in F..
New home sales tumbled 5.3 per cent in February, snapping a four-month run of increases. The Housing Industry Association's latest report found sales of stand-alone houses fell four per cent, while..
US stocks have pushed to new record highs, bolstered by solid US manufacturing orders and strong results from US carmakers. The Dow Jones Industrial Average on Tuesday closed at an all-time record ..
ANZ's head of international and institutional banking Alex Thursby has quit his post to take on the top job at the National Bank of Abu Dhabi.Mr Thursby will leave ANZ later this month before taking o..
Australia's export commodity prices were little changed in March. The Reserve Bank of Australia's index of commodity prices rose 0.2 per cent in the month in foreign currency terms to be down by 16..
The Australian share market closed slightly higher due to strength among financial stocks. The gains came as the Reserve Bank of Australia held the cash rate at three per cent, equal to its lowest ..
Stocks to watch on the Australian stock exchange at close on Tuesday: BBG - BILLABONG - last traded at 73 cents Shares in Billabong have been placed in a trading halt amid speculation two potent..
Debt-laden coal baron Nathan Tinkler says he is just too busy to run his horse racing empire as the vast operation becomes the latest Tinkler plaything put up for sale. Mr Tinkler has placed his Pa..
The Australian dollar is inching towards 104.5 US cents as market players sell the US dollar in response to some disappointing US economic data. However, moves were limited on Tuesday ahead of the ..
Embattled paper, sign and display supplier PaperlinX has appointed barrister Robert Kaye as its second chairman in six months. Mr Kaye, who joined the Paperlinx board as a non executive director in..
The good news is the economy is getting better. But the bad news is the central bank's interest rate cutting cycle is coming to an end. All 13 economists surveyed by AAP say the Reserve Bank of Aus..
Shares in Billabong have been placed in a trading halt amid speculation two potential suitors will lower their takeover offers for the troubled surfwear retailer.Billabong says although it had expecte..
US stocks retreated on Monday, weakened by mediocre manufacturing data and cautious sentiment after last week's record highs. The Dow Jones Industrial Average dropped 5.69 points (0.04 per cent) to..
Australian stocks closed about half a per cent lower as the big resources companies dragged the market down following falls in China. Chinese shares were down 2.43 per cent on Thursday as heavyweig..
