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The Australian share market was relatively flat in early afternoon trade as falls by several large companies caused by dividend payouts offset other gains. At 1630 AEST on Monday, the benchmark S&a..
Volatile investment markets have pushed Challenger's full year profit down 43 per cent but the financial services group is confident it can improve earnings in fiscal 2013. Challenger's net profit ..
Former Commonwealth Bank (CBA) chief executive Ralph Norris stands to earn $9.6 million from his last five months at the bank. Mr Norris was paid $4.2 million between July 1, 2011, and his retireme..
Contract miner and construction group Macmahon Holdings has forecast 20 per cent profit growth in fiscal 2013 amid strong orders. Macmahon on Monday reported a 45 per lift in full year net profit t..
The head of news and entertainment website Yahoo!7 Rohan Lund has been appointed as Seven West Media's new group chief operating officer. Seven's chief executive Don Voelte said the role had been c..
Shopping centre operator Westfield Group won't say whether or not it will cut the size of its workforce by up to 10 per cent. News Ltd media reported on Monday that Westfield may cut up to 400 jobs..
BlueScope Steel is predicting another loss-making year in fiscal 2013 after posting its second consecutive $1 billion loss. The struggling steelmaker forecast an improved financial performance with..
Bendigo and Adelaide Bank has highlighted the pressures of high funding costs and weak demand for loans as it reported a 43 per cent drop in full year profit. The regional lender made a net profit ..
Health insurer nib is planning to expand into the global health cover market by targeting thousands of Australians who travel overseas for work each year. Offering international health care is a la..
Stocks to watch on the Australian stock exchange on Monday, August 20 ANZ - ANZ BANKING GROUP LTD - up 71 cents at $24.61 ANZ says its expansion into Asia gives it an advantage over rivals compe..
Apple shares hit a new all-time high on Friday as US stocks closed out the week with a second day of solid gains that put the Dow at its highest level since the last days of 2007. Apple shares rose..
A record profit from the Commonwealth Bank and a strong, Coles-driven result from Wesfarmers marked the highlights of company results reports this week. Australia's biggest bank posted a $7.1 billi..
The June quarter national accounts should confirm that reports of the death of productivity have been greatly exaggerated. The accounts, including their headline estimate of gross domestic product ..
Oil and gas producer Santos says Australia's first commercial shale gas well is ready to go into production, helping to boost supply and keep prices stable in eastern Australia. Santos said its Moo..
APN News and Media boss Brett Chenoweth is adamant there is a future for local newspapers despite his admission that times are tough in the publishing industry. APN, which owns regional newspapers ..
ANZ says its expansion into Asia gives it an advantage over rivals competing in an Australian market where credit growth is set to remain weak. The bank on Thursday beat market forecasts with a net..
The bidding war for energy infrastructure investor Hastings Diversified Utilities Fund (HDF) has intensified, with predator APA Group again lifting its takeover offer. The move by APA comes just da..
Australians could soon begin to see a welcome end to steep price rises on their insurance policies. Global insurer QBE says premiums should begin stabilising following rises imposed after several n..
Energy infrastructure investor Duet Group has suffered a 62 per cent plunge in full year profit. The group's net profit fell to $47.5 million in the year to June 30, from $124.9 million the previou..
Stocks to watch on the Australian stock exchange on Friday, August 17 ABC - ADELAIDE BRIGHTON LTD - down 35 cents at $2.90 Building materials provider Adelaide Brighton is optimistic of increasi..
A roundup of trading on major world markets: NEW YORK - US stocks put on solid gains after two flat days, helped by fresh data on jobless claims and housing construction that added evidence the eco..
The Australian share market closed sharply higher after a string of strong earnings results, with Wesfarmers and AMP among the best performers. At the close on Thursday, the benchmark S&P/ASX20..
Alumina Ltd has flagged an end to China's control over aluminium prices as it posts a $US14.6 million ($A13.95 million) half year loss. Non-chinese producers such as Australia's Alumina and Rio Tin..
Canny shoppers are seeking value for money to combat falling house prices and shrinking superannuation funds, Wesfarmers boss Richard Goyder says as his conglomerate posts an 11 per cent lift in full-..
As trucks arrive in towns across Australia to roll out the $37 billion national broadband network (NBN), the iiNet sales team won't be far behind. Australia's number three telecommunications provid..
