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Australian stocks have closed lower as worries about global growth and skepticism about the latest efforts to revive the US economy succeeding prompted local investors to seek refuge away from the equ..
A major review of Australia's payment system has been well received by industry players, the Reserve Bank of Australia (RBA) says. RBA head of payments policy Tony Richards says the Strategic Revie..
Fertiliser maker Incitec Pivot has put off plans for a new plant in Newcastle, NSW because of rising construction costs. The company announced plans for an ammonium nitrate manufacturing plant at I..
Home owners and buyers are feeling increasingly confident about the property market thanks to recent interest rate cuts, stagnant house prices and wage rises. The latest Genworth Homebuyer Confiden..
Casino operator Crown has made no changes to its executive pay policy despite the threat of a board spill in the event of another shareholder backlash. Four of the company's six senior executives r..
Seven West chief executive and former Woodside boss Don Voelte has joined the board of oil and gas explorer Nexus Energy. The appointment of Mr Voelte as non-executive chairman is part of a board r..
Alesco and DuluxGroup have held talks in a bid to find a resolution to their messy five-month takeover battle. DuluxGroup's $210 million bid to buy building products maker Alesco has been quagmired..
Stocks to watch on the Australian stock exchange on Wednesday, September 26 BWD - BLACKWOOD CORPORATION LTD - down 0.5 cents, or five per cent, at 10.5 cents WHC - WHITEHAVEN COAL - down one cen..
A Federal Reserve official's doubts about the impact of the QE3 stimulus have pulled the rug from under US stock markets, sending them lower after strong early gains. The Nasdaq tumbled as major te..
Australian shares closed lower, dragged down by resources stocks, with investors responding to commodity price falls and Europe worries. At the close of trade on Tuesday, the benchmark S&P/ASX2..
The Australian dollar is slightly higher, as the market continues to speculate about a rate cut at the Reserve Bank of Australia's (RBA) October board meeting and interest rate decision. At 1700 AE..
A media analyst and commentator is standing for election to the board of Fairfax Media in an effort to help it improve its flagging financial performance. A notice of Fairfax's annual general meeti..
Whitehaven shareholders could be the big losers from Nathan Tinkler's financial problems as speculation mounts he will have to dump his stock in the coal miner. A second Tinkler-owned company is fa..
Suncorp Group will raise about $350 million by issuing new preference shares. The insurance and banking group said the sale proceeds would strengthen its capital position and be used for general co..
Leighton Holdings is looking to sell its phone and internet infrastructure assets. Leighton owns three telecommunications companies that have their own cable and data networks - Nextgen Networks, M..
The International Monetary Fund is likely to lower its growth estimates for the global economy when they are published next month, IMF chief Christine Lagarde says. "We continue to project a gradua..
Stocks to watch on the Australian stock exchange on Tuesday, September 25 NPX - NUPLEX INDUSTRIES LTD - down 22 cents, or 8.84 per cent, at $2.27 Resins maker Nuplex Industries will close four f..
A sharp fall by Facebook and weakness in Apple's shares despite the strong iPhone 5 launch have helped pull US markets lower. But Google's push higher to a new record just above $US750 a share limi..
Australian shares started the week lower with weaker commodity prices contributing to big falls in mining stocks. At the close of trade on Monday, the benchmark S&P/ASX200 index was down 22.8 p..
Consolidated Media Holdings (CMH) shareholders will get to vote on a $1.94 billion takeover bid by Rupert Murdoch's News Limited at a special meeting in October. CMH on Monday issued a 188-page boo..
The good times appear over for Australian mining services companies with NRW Holdings losing up to $80 million in revenue due to BHP Billiton slashing a port project. NRW on Monday said it would lo..
National Australia Bank has joined its rival ANZ in bringing forward to November its prediction of when the Reserve Bank will next cut the cash rate. NAB on Monday revealed it believes the central ..
Shareholders in PMP are unlikely to get a dividend in the short term as the printing and publishing business restructures and pays down debt. PMP chairman Ian Fraser says the company is dealing wit..
Agricultural chemical producer Nufarm has returned to full year profitability but disappointed shareholders with its dividend payout. Nufarm made a net profit of $72.6 million in the year to July 3..
Suncorp boss Patrick Snowball received a 50 per cent pay rise in the 2011/12 financial year to $8.27 million. It makes Mr Snowball, an Oxford graduate who joined Suncorp in 2009, one of the highest..
