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Retailers are set for a very jolly Christmas, with optimism about the key sales period running at a 12-year high. The Dun and Bradstreet National Business Expectations Survey shows retailers' sales..
Woodchipper Gunns may be running out of time to stop an axe from falling on its head. Late on Friday, Gunns reported a $904 million net loss for the 2011/12 financial year and said it was dependent..
A fall in company profits for the past three quarters points to a broad-based slowing of the economy in the months ahead. Ten of the 15 industries in the Australian Bureau of Statistics (ABS) busin..
Shipping delays are expected at the commodities port of Geraldton in Western Australia as authorities prepare to shut down operations before a major storm buffets the area. WA's Fire and Emergency ..
Troubled confectionary maker Darrell Lea will remain in Australian hands but hundreds of jobs will go as the loss-making business is restructured. Darrell Lea on Monday was sold to the Quinn family..
A sharp fall in retail sales in July is probably a return to normality after a surprisingly strong couple of months for the sector. Australian retail spending fell 0.8 per cent in July, data releas..
Gold futures climbed to a five-month high, capping the largest monthly gain since January as investors bet that Federal Reserve chief Ben Bernanke's defence of the central bank's previous easy-money p..
Etihad Airways has doubled its stake in Virgin Australia to 10 per cent, six weeks after receiving the all clear from the federal regulator. The Middle East carrier says it has bought 221 million s..
Ben Bernanke's much-awaited endorsement of more Federal Reserve stimulus on Friday gave US stocks a solid boost, though tempered by his picture of an economy that remains weak and vulnerable. The D..
Homeowners can bank on at least one interest rate cut by the end of the year, and it's possible it could come on Tuesday. AAP's survey of 17 economists on Friday revealed all but two expect the Res..
Australian shares have finished flat as all eyes turn to a meeting of central bankers in Jackson Hole, Wyoming. At the close on Friday, the benchmark S&P/ASX200 index was up 0.4 points, or 0.01..
Profit season 2012 was a bit like many State of Origin rugby league matches - tough, bruising and a couple of big hits - but not as bloody as predicted in the pre-game hype. Among companies reporti..
Carbon offset company Carbon Conscious says the loss of its biggest contract with Origin Energy and the government's scrapping of the carbon floor price will not be a huge blow to its finances this ye..
Domestic demand for gas has softened but long-term demand prospects are good, says takeover target and energy infrastructure investor Hastings Diversified Utilities Fund (HDF). HDF owns several pri..
Insurance Australia Group has begun a search for a new board member after Phillip Colebatch announced his retirement. Mr Colebatch, who has a background in insurance and investment banking, will st..
Beleaguered consumer goods retailer Harvey Norman hopes to claw back market share, as tough trading conditions are expected to force many of its competitors to close. Harvey Norman chairman Gerry H..
The resignation of APN News & Media's chief financial officer has prompted a sharp decline in the struggling newspaper publisher and radio station owner's share price. APN said on Friday Peter ..
Total credit provided to the private sector by banks and other lenders rose by 0.2 per cent in July after a rise of 0.3 per cent in June and an increase of 0.5 per cent in May. It was the slowest m..
The Reserve Bank of Australia (RBA) is expected to keep interest rates on hold when its board meets on Tuesday. However a rate cut is likely some time in the months afterwards, as a slowdown in Chi..
US stocks have tumbled ahead of a much-anticipated speech by Federal Reserve chairman Ben Bernanke and as European woes renewed global growth worries. After hovering near breakeven for the past thr..
Kingsgate Consolidated shares fell more than seven per cent on Thursday despite assurances that its underperforming Challenger mine is on track. Australia's second-biggest gold producer said it exp..
The Australian stockmarket finished almost one per cent lower as resources companies suffered steep losses amid weakness on commodities markets. At the close on Thursday, the benchmark S&P/ASX2..
Global property developer Lend Lease is so confident of its existing pipeline of projects, it doesn't have to win any new business to deliver a projected earnings growth this fiscal year. The build..
Australia's mining and resources boom is not over yet, as newly released capital expenditure figures show there is a lot more investment to come. Official figures released on Thursday reported that..
The housing industry is still showing signs of weakness, and it could mean that prices will rise because of a shortage of homes caused by the lack of building activity. Australian residential build..
