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Building approvals and retail trade posted rises in August, but in both cases the gains made up less than half the ground lost by falls in July. Neither household spending nor building look to be g..
Australian superannuation funds have joined a global push to end Rupert Murdoch's dual role as chairman and chief executive of News Corporation. Industry fund First Super, which holds shares in the..
Retail Food Group (RFG) says it will raise $38 million through the issue of new shares for potential new acquisitions and to fund the purchase of the Crust pizza chain. RFG, which is behind brands ..
Qantas Airways is preparing for its proposed 10-year alliance with Emirates after dropping plans to seek interim authorisation from the competition regulator. While interim approval would have enab..
Stocks to watch on the Australian stock exchange on Thursday, October 4: ANZ - ANZ BANKING GROUP - up six cents at $25.05 CBA - COMMONWEALTH BANK - up down four cents at $56.00 NAB - NATIONAL..
The Australian share market has closed at its highest level in more than 14 months despite enduring a flat day of trading. At the close of trade on Wednesday, the benchmark S&P/ASX200 index was..
The world's largest drilling company Boart Longyear has shocked the market by sacking its chief executive in an attempt to tackle its plunging share price. American Craig Kipp's tenure at the Utah-..
New home sales hit a 15-year low in August, adding weight to the calls for the major banks to pass on the Reserve Bank of Australia's latest rate cut. New home sales dropped 5.3 per cent to 5,383 i..
Casino operator Echo Entertainment has appointed former Business Council of Australia (BCA) head Katie Lahey to its board. Ms Lahey's appointment as a non-executive director follows several major d..
Origin Energy has raised 500 million euros ($A634.68 million) through a bond issue to raise funds for the $23 billion Australia Pacific LNG (APLNG) project in Queensland. Australia's largest electr..
Weak export data confirms concerns about commodity prices and justifies the Reserve Bank of Australia's (RBA) latest interest rate cut, economists say. Official figures released on Wednesday showed..
Andrew "Twiggy" Forrest's Fortescue Metals is the most vulnerable iron ore miner in the world to lower commodities prices, Standard and Poor's Ratings Services (S&P) says. The credit agency war..
Stocks to watch on the Australian stock exchange on Wednesday, October 3: ANZ - ANZ BANKING GROUP - up 20 cents at $24.99 CBA - COMMONWEALTH BANK - up 19 cents at $56.04 NAB - NATIONAL AUSTRA..
US stocks have closed mixed after a day of bumpy trade, with the Nasdaq gaining ground while the Dow blue chips bowed to selling pressure. Hints that a rescue plan for Spain was imminent gave share..
The Australian share market finished one per cent higher as investors piled into equities after the Reserve Bank of Australia (RBA) cut the cash rate by a quarter of a percentage point. At the clos..
Australia's big four banks are facing mounting pressure to slash their interest rates after the central bank delivered its fifth cash rate cut in 12 months. The Reserve Bank of Australia (RBA) on T..
The Australian dollar fell by more than one third of a US cent after the central bank cut its interest rate by 0.25 per cent to 3.25 per cent at its October board meeting. The reduction takes the c..
Trade in Fortescue Metals Group shares has been halted ahead of a High Court decision that could put Andrew Forrest's position as chairman of the company in doubt. In a brief statement, Fortescue s..
The state of New York has filed a suit against JPMorgan Chase and its subsidiary JPMorgan Securities over the allegedly fraudulent sales of mortgage-backed securities ahead of the US financial crisis...
US stocks posted losses on Friday, the last trading day of the third quarter, after disappointing business activity and consumer spending reports fueled concerns about the economy. The major indice..
Australian credit grew at a snail's pace for the third month in a row in August. Total credit provided to the private sector by banks and other lenders rose by 0.2 per cent in August after rises of..
Woolworths non-executive director and World Cup cricket organiser Ralph Waters has been elevated to the chairman's job after the surprise resignation of James Strong. Mr Water's promotion to the to..
The head of the former Centro Properties Group was paid $3 million in the final five months of the shopping centre owner's operation. Centro was one of Australia's highest-profile casualties of the..
Hostile suitor DuluxGroup has forced Alesco into an 11th-hour acceptance of its takeover offer that saved shareholders from missing out on an extra 27 cents per share dividend. Building products an..
Stocks to watch on the Australian stock exchange on Friday, Sept 28: ALS - ALESCO CORPORATION LTD - in trading halt, last traded at $2.00 DLX - DULUXGROUP LTD - down one cent, or 0.31 per cent, ..
