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Frustrated Qantas shareholders can finally look forward to dividends again as the airline forges ahead with a turnaround plan for its loss-making international arm. Chairman Leigh Clifford told sha..
The Reserve Bank of Australia's (RBA) six-year Melbourne Cup streak is set to continue. On the day of the race that stops the nation, the central bank is expected to make its seventh consecutive No..
About 150 pensioners have rallied in Sydney's Hyde Park to protest against the rising cost of living in NSW. Members of The Fair Go for Pensioners Coalition travelled from as far away as Newcastle,..
BlueScope Steel will raise $US300 million ($A289.70 million) to help pay off debt by issuing senior unsecured notes to institutional investors. BlueScope on Friday said the notes would be offered b..
Health insurer nib has bought New Zealand's second largest health insurer Tower Medical Insurance for $81.7 million. The Australian private health insurer said the acquisition fits with its strateg..
James Murdoch has avoided a revolt over his position on the board of BSkyB, despite Britain's media watchdog calling his "competence" and "attitude" into question. Murdoch was re-appointed as non-e..
Stocks to watch on the Australian stock exchange on Friday, November 2 ARI - ARRIUM LTD - down 10 cents at 68.5 cents Investors wiped almost 13 per cent from the share price of steelmaker Arrium..
A roundup of trading on major world markets: NEW YORK - Buoyant data on consumer confidence and the manufacturing sector gave Wall Street a solid bump higher after Wednesday's flat reopening follow..
Investors wiped almost 13 per cent from the share price of steelmaker Arrium after its Asian suitor walked away from a $1 billion plus takeover bid. Shares in Arrium, formerly OneSteel, closed 10 c..
The Australian share market has closed more than one per cent lower, despite encouraging manufacturing data from China. At the close on Thursday, the benchmark S&P/ASX200 index was down 59.4 po..
Shareholders have backed the appointment of Graeme Hunt as Transfield Services' new chief executive, as the company begins cutting costs amid weaker industry conditions. The construction and mainte..
Shares in investment manager Perpetual have slumped after the company said it won't post an improved performance in the first half of the financial year. But Perpetual has escaped a "second strike"..
Mining magnate Nathan Tinkler says reports he is in financial strife are incorrect. Mr Tinkler has been involved in several legal disputes in recent months over his failure to pay debts to a number..
Lend Lease has appointed Kylie Rampa as head of its $8.8 billion investment management business in Australia. The investment management business is part of Lend Lease's property division. Lend L..
Women's fashion retailer Noni B says tough retail conditions have continued into the current financial year. "Last year's challenging business conditions are continuing in the current year," Noni B..
Treasury Wine Estates has extended its presence in New Zealand by taking complete ownership in the Rapaura Vintners winery and warehouse in the county's Marlborough region. Treasury Wine, which own..
Australia's manufacturing sector has contracted for an eighth consecutive month amid weakness in selling prices and new orders. The latest Australian Industry Group performance of manufacturing ind..
The Australian share market closed higher after gains across most sectors despite low volumes of trading. At close on Wednesday, the benchmark S&P/ASX200 index was up 31.3 points, or 0.7 per ce..
National Australia Bank has forecast a challenging year ahead after ongoing troubles in Britain caused its first drop in profit since the global financial crisis (GFC). Almost $1 billion in costs f..
In a sign that consumer sentiment may be picking up, Country Road has had a 13.5 per cent increase in comparable sales across Australasia for the first four months of fiscal 2013. Chairman Ian Moir..
Telstra says its half-owned subsidiary Foxtel is free to sell telephone and broadband services alongside pay TV if it helps the business build subscriber numbers. Telstra chief executive David Thod..
JB Hi-Fi says trading conditions remain challenging but it remains confident that it can grow market share during fiscal 2013. Chief executive Terry Smart told the electronics and entertainment ret..
Consolidated Media shareholders have voted overwhelmingly to sell the company's stake in Foxtel to News Limited. More than 99 per cent of shareholders voted in favour of the proposal at a meeting i..
National Australia Bank (NAB) boss Cameron Clyne says rate cuts don't always stimulate economic activity, and not because the banks have failed to pass on cuts in full. After delivering a 22 per ce..
WTI oil prices has risen slightly as traders assessed the impact of superstorm Sandy on crude demand in the United States. In the US, there was only electronic trading as markets were shut down ahe..
