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The Australian market was hovering around four-and-a-half year highs at open after Wall Street soared to a record high. The benchmark S&P/ASX 200 hit 5,119.8 shortly after open, before falling ..
The Australian market looks set to open higher after Wall Street high an all-time high, surpassing a level set more than five years ago. The Dow jumped to 14,275.96 points, a gain of 1.05 per cent ..
The Dow Jones Industrial Average powered to an all-time record high on Tuesday exactly four years after hitting bottom in the worst economic crisis since the Great Depression. After more than doubl..
A lawyer for mining magnate Andrew "Twiggy" Forrest says the federal government's mining tax breaches the constitution and nothing can be done to bring it back from the dead."It is not revived or quic..
The Australian market closed higher after news that Australian retailers recorded their strongest January sales growth in six years led to gains for discretionary retail stocks. Retail spending ros..
Consumers could end up paying more for insurance if Australia goes down the European path and limits insurers' abilities to rate risk on factors such as gender. Curbs on insurers' ability to discri..
The Reserve Bank of Australia has kept its powder dry for a second consecutive month as the global economy improves and previous rate cuts take effect. The central bank held its cash rate steady on..
The Reserve Bank of Australia (RBA) kept the cash rate unchanged at three per cent at its March board meeting, citing a better local and overseas economic outlook. In 2012 the central bank cut the ..
The Australian market has shot up by more than one-and-a-half per cent at noon, with investors using yesterday's falls to lap up cheaper stocks. CMC Markets chief market analyst Ric Spooner describ..
Stocks to watch on the Australian stock exchange at noon on Tuesday: ALZ - AUSTRALAND PROPERTY GROUP - up five cents, or 1.46 per cent, at $3.47 Property developer Australand has confirmed sever..
The Australian share market has opened one per cent higher. At 1010 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 53.1 points, or 1.06 per cent, at 5063.6, while the broader All Ordina..
The Dow Jones Industrial Average defied the effects of new US spending cuts and pushed to a new five-year high on Monday. At the closing bell, the Dow picked up 38.16 points (0.27 per cent) to 14,1..
The Australian share market finished sharply weaker, dragged down by resources stocks that went ex-dividend including mining heavyweight BHP Billiton. Every sector, except property, finished in the..
A rise in iron ore and coal exports is expected to have been the major driver of economic growth in an otherwise weak final three months of 2012. AAP's survey of 14 economists on Monday revealed a ..
Television viewers in regional areas are not expected to suffer any loss of local programming should Nine and Southern Cross Austereo (SCA) merge. On Monday, SCA said in a statement its board was r..
News Corporation is selling its 44 per cent stake in New Zealand pay television business SKY Network Television. News' Australian arm, News Ltd, holds the stake in SKY, which at current market pric..
Coca-Cola Amatil (CCA) boss Terry Davis remains among the best paid Australian chief executives, earning a total pay package worth $7.96 million in 2012. Mr Davis' total package was up by about $17..
A batch of data on Monday suggests the economy limped into the new year, but with a hint of a better outlook for jobseekers early in 2013. The national accounts on Wednesday will show if, and by ho..
The new chief executive at driller Boart Longyear, Richard O'Brien, will take a pay cut of about one-third. The world's largest driller will pay Mr O'Brien a base starting salary of $US750,000 ($A7..
The Australian share market has opened a third of a per cent lower. At 1013 AEDT on Monday, the benchmark S&P/ASX200 index was down 17.3 points, or 0.34 per cent, at 5,068.8, while the broader ..
Boral has already slashed $100 million in costs because of the housing slump, and has now announced it will merge its construction materials and cement divisions.Australia's depressed housing market h..
The Dow Jones Industrial Average reached a new five-year high on Friday as investors looked past the risks to the economy of impending federal spending cuts and bid up equities. The Dow jumped 35.1..
US stocks have opened lower as Washington appeared headed for sharp mandatory spending cuts that could slow the economy in the wake of failed budget talks in Washington. Five minutes into trade on ..
The Australian sharemarket closed almost half a per cent lower as the major resources companies dragged the index down. At the close on Friday, the benchmark S&P/ASX200 index was 18 points, or ..
Leighton Holdings has sold a major office tower development in Melbourne to two property groups for $462 million. Leighton Properties, a subsidiary of the construction giant, sold the 567 Collins S..
