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US food giant Archer Daniels Midland (ADM) has enhanced its takeover offer for GrainCorp with extra commitments to the Australian agriculture sector.ADM is promising an extra $200 million investment i..
Elders chief executive Malcolm Jackman says he is leaving the rural services provider in good shape - but not great shape. Elders said on Wednesday that Mr Jackman would be leaving the company imme..
There was a strong rise in construction work done figures for the September quarter but recent positive housing data does not seem to be translating into more homes being built. Completed construct..
Regional airline Rex expects its profit to fall in the current financial year because of weak economic growth, the high Australian dollar and rising fuel prices. The company made a profit of $14 mi..
Bega Cheese is considering whether it will join legal efforts to stall Canadian firm Saputo's takeover offer for Warrnambool Cheese and Butter.Dairy cooperative Murray Goulburn on Wednesday sought to ..
Bank of Queensland (BoQ) says it will be at least another year before it sees any benefits from a lower Australian dollar.While BoQ returned to profit in the year to August, after becoming the first A..
The Australian sharemarket has closed higher for the third straight day, driven by gains among the big banks. CommSec market analyst Steve Daghlian said the local market was buoyed by positive news..
Mining-rich Western Australia has the nation's strongest home building activity while Tasmania is languishing in last place. Western Australia scored 85 out of 100 in the Housing Industry Associati..
Retailer Harvey Norman says a rise in consumer confidence since the federal election has not provided a boost in its sales."We were expecting after the election that there might be some huge jump but ..
Gaming machine maker Aristocrat Leisure expects to launch a product for smartphones and tablets within the next 12 months. Chief executive Jamie Odell says Aristocrat's strategy of expanding its ac..
The Australian dollar is higher after the Reserve Bank of Australia deputy governor shied away from talking the currency down. At 1200 AEDT on Tuesday, the local unit was trading at 91.91 US cents,..
Gloves, condoms and protective clothing supplier Ansell has boosted its position in the North American market, paying $US615 million ($A672.24 million) for protective gloves and boots business Barrier..
Australian shares are flat as a deal between Iran and key western powers to halt its nuclear program hit the big miners. Iran and six world powers say they have reached an interim agreement that wo..
Building products maker Brickworks expects a better 2014 as housing construction recovers, boosting orders for materials.Managing director Lindsay Partridge said profitability improved in the three mo..
Woolworths chairman Ralph Waters says he is frustrated by impatient investors complaining about startup losses on the retailer's Masters home improvement business.Mr Waters has also mounted a spirited..
US stocks have closed little changed as investors weigh a weak US housing market report and a breakthrough deal between Iran and major powers over its controversial nuclear program.The Dow Jones Indus..
Australian shares have gained thanks to continued positive momentum on Wall Street. Australian Stock Report analyst Benny Sada said the local market built on early gains before declining slightly. ..
Global miner BHP Billiton has cancelled the opening of its Jimblebar iron ore mine due to the closure of Newman airport in the north of Western Australia. BHP chief executive Andrew Mackenzie, WA P..
A majority of Australian small businesses believe the economy will grow in the year ahead but this isn't making them more confident about their own operations. For the first time in three years, mo..
ANZ has lifted its standing among business customers in recent months, while rival National Australia Bank remains at the bottom of the pack among the big four banks. A monthly survey of satisfacti..
Foxtel boss Richard Freudenstein has called on the federal government to allow it to compete for the rights to more major sporting events, saying current rules give an unfair advantage to free to air ..
The Australian share market is trading higher on the back of Wall Street pushing to more record levels. On the US market on Friday, the S&P 500 index closed above 1,800 points for the first tim..
A majority of Australians want the federal government to block an American food giant from buying GrainCorp. Some 51.2 per cent of respondents to a GPS-Melbourne Institute poll say Treasurer Joe Ho..
Rail freight company Aurizon and Gina Rinehart's part-owned Queensland coal company have agreed on a rail solution to develop the Galilee Basin as part of a $6 billion plan.The rail and port developme..
Shareholders in takeover target Warrnambool Cheese and Butter (WCB) could get $9.20 for each of their shares if Canadian dairy giant Saputo can attain a stake in Warrnambool of more than 50 per cent.A..
