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Troubled surfwear retailer Billabong has appointed actuary and Rhodes scholar Dr Ian Pollard as its chairman elect. The company on Tuesday said Dr Pollard would join the board as chairman elect and..
Stocks to watch on the Australian stock exchange on Tuesday, October 9: AQA - AQUILA RESOURCES LTD - down three cents, or 1.1 per cent, at $2.65 Aquila Resources shares lost more than one per ce..
US stocks have followed European and Asian markets lower, giving up some of last week's solid gains ahead of the third quarter earnings reporting season. At the close the blue-chip Dow Jones Indust..
St George has followed the lead of the major banks and reduced its variable home loan rates by less than the central bank's rate cut. St George will lower its standard variable home loan rate by 17..
The very man steering the sell-down of shares in QR National says the move to privatise Queensland's coal and bulk freight rail business was divisive, but that battle was over. The Liberal National..
The Australian share market has closed lower in cautious trading ahead of several meetings in Europe this week aimed at easing Europe's debt crisis. Eurozone finance ministers gather in Luxembourg ..
Aquila Resources shares lost more than one per cent after the company announced a $1.4 billion cost blowout for its contentious West Pilbara Iron Ore Project. Additional capital and operating costs..
The big banks insist they can't afford to pass on the Reserve Bank's interest rate cut, but angry mortgage holders are increasingly likely to respond by switching lenders. An Ernst and Young report..
Telstra Corporation has avoided a fine for a 2011 incident where it failed to protect the privacy of more than 700,000 customers. Instead, the Australian Communications and Media Authority (ACMA) o..
Jitters about the global economy and the future of the mining boom seem to be hurting employer confidence, with an industry survey showing that job advertisements have fallen for six straight months. ..
Stocks to watch on the Australian stock exchange on Monday, October 8: ANZ - ANZ BANKING GROUP - up 20 cents, or 0.79 per cent, at $25.50 CBA - COMMONWEALTH BANK - up 30 cents, or 0.53 per cent,..
Interest rate cuts are not the only way to encourage growth in the Australian economy, a senior ANZ bank executive says. ANZ Australia chief executive Phil Chronican says "a lot of uncertainty abou..
US stocks sustained their push upward on Friday, capping the week with the Dow hitting its best level since December 10, 2007, as high liquidity and ultra-low interest rates fuel an appetite for risk...
Westpac, the Commonwealth Bank and National Australia Bank have cut their variable home loan rates but failed to match that of the Reserve Bank, citing the high costs of deposits. The central bank ..
A hefty rise in Asciano's full year net profit has been reflected in a pay rise for the port and rail operator's chief executive John Mullen. The company's annual report, released on Friday, showed..
The Australian share market posted gains for a seventh consecutive day on Friday but unlike the rest of the week was led by cyclical mining stocks instead of high yielding banks. At the close of tr..
Woolworths is spinning off its $1.4 billion shopping centres portfolio in a move that is expected to free up cash to help fight its price war with rival Coles. The retailer will transfer its 69 sho..
Bank of Queensland (BoQ) is poised to post the first full year loss by an Australian bank in 20 years because of its exposure to the struggling south-east Queensland property market. The regional l..
ASX chairman Rick Holliday-Smith says the equity market operator has responded well to the arrival of competitor Chi-X, but notes a deterioration in the quality of the local market. Mr Holliday-Smi..
Village Roadshow has taken a majority stake in a $US32 million ($A31.39 million) Las Vegas water park currently under construction. Village Roadshow has taken a 51 per cent in the park, which will ..
Construction activity in Australia fell by its sharpest rate in 12 months during September, an industry study shows. The Australian Industry Group performance of construction index (PCI), released ..
Stocks to watch on the Australian stock exchange on Friday, October 5: ACN - ACER ENERGY LTD - up seven cents, or 36 per cent, at 26.5 cents DLS - DRILLSEARCH ENERGY LTD - down three cents, or t..
Australian stocks made gains for a sixth consecutive day as investors reacted to this week's interest rate cut by taking money out of bonds and into equities. At the close of trade on Thursday, the..
ANZ has given little hope to its mortgage customers that they will feel the full benefit of the Reserve Bank of Australia's (RBA) latest interest rate cut. The four major banks on Thursday largely ..
ANZ will plough up to $1.5 billion into improving branches and mobile banking products as it edges towards dumping PIN codes for futuristic facial and fingerprint scanning. However the move might n..
