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The major banks have been criticised after passing on only part of this week's interest rate cut by the central bank. The smallest and least profitable of the big four, the National Australia Bank ..
Shareholders at Ten Network Holdings must be wondering what more can go wrong at the struggling broadcaster given the need to raise fresh funds for the second time in six months. The television net..
The country's second largest oil and gas producer Santos has cut 100 jobs from its South Australian operations. Redundancies will begin in the first quarter of 2013. Those affected are based in ..
The Australian Taxation Office has won a long-running court battle against James Packer's former media company Publishing and Broadcasting Limited (PBL) over a $1 billion share buy back scheme. The..
Rare earths miner Lynas is facing further court action against the operation of its new plant in Malaysia. The company said on Wednesday the group known as Save Malaysia Stop Lynas had obtained a h..
Australian growth figures have posted a close-to-target result, but still show the economy moving at a sluggish rate. Australia's economy grew by 0.5 per cent in the three months to September, just..
Stocks to watch on the Australian stock exchange on Wednesday December 5 AGK - AGL ENERGY LTD - down 19 cents at $14.12 AGL Energy has launched legal action to challenge a price ruling by the Es..
US stocks closed slightly lower on Tuesday as Washington continued to wrangle over a budget plan that would avoid the year-end "fiscal cliff." The Dow Jones Industrial Average closed at 12,951.78, ..
The Australian share market closed more than half a per cent lower after the Reserve Bank of Australia cut the cash rate to three per cent amid a weak global growth outlook. At the close on Tuesday..
Major banks are under pressure to deliver some Christmas cheer in the form of cheaper mortgages after the Reserve Bank returned its cash rate to record low levels. The Reserve Bank of Australia (RB..
Australia's unemployment rate is expected to continue to grind higher, possibly peaking at around six per cent in 2013. AAP's survey of 14 economists on Tuesday revealed a median forecast for the u..
The Reserve Bank of Australia's latest interest rate cut will provide a boost for housing construction - but it may not be enough to lift the struggling sector to where it needs to be. Westpac seni..
The central bank has given Australians an early Christmas present, but there are no signs there will be more interest rate cuts in early 2013. The Reserve Bank of Australia (RBA) on Tuesday cut the..
Stockland has lowered its profit guidance but says it's banking on a recovery in the property market to boost earnings. However, it can't say when there will be a turnaround in the property market...
Graincorp is likely to reject US food processing giant Archer Daniels Midland Company's (ADM) second takeover bid, a market analyst says. The new offer of $2.78 billion is marginally higher than th..
Statement by Glenn Stevens, RBA governor: Monetary Policy Decision At its meeting today, the Board decided to reduce the cash rate by 25 basis points to 3.0 per cent, effective 5 December 2012. ..
Stocks to watch on the Australian stock exchange today December 4 CWN - CROWN LTD - up six cents at $10.31 Crown has received government permission for an additional 500 gaming machines its new ..
US stock markets started December in the red on Monday after poor data on the manufacturing sector added to worries about the year-end onslaught of federal tax increases and spending cuts. The Dow ..
The Australian share market finished half a per cent higher as investors were buoyed by encouraging data about Chinese manufacturing and expectations of an interest rate cut by the local central bank...
Singapore Airlines says it's in talks to sell its 49 per cent stake in Virgin Atlantic. The airline said in a statement it's in discussions with "interested parties" about a sale. A person with ..
Woodside Petroleum says security risks surrounding the company's decision to pursue onshore gas processing in Israel are manageable. Woodside on Monday announced it had struck a $US696 million ($A6..
A December interest rate cut is looking more likely after official figures showed retail spending remained flat in October. Figures released by the Australian Bureau of Statistics on Monday showed ..
Australian job advertisements have fallen for an eighth consecutive month, with falls in the mining states reflecting weaker activity in the resources sector. The ANZ Job Ads survey, released on Mo..
A rise in consumer prices could hold the central bank back from cutting interest rates in December. The TD Securities-Melbourne Institute monthly inflation gauge, released on Monday, fell 0.1 per c..
Australia's manufacturing sector has contracted for the ninth month in a row, with weakness in both production and new orders. The Australian Industry (Ai) Group performance of manufacturing index ..
