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Recent interest rate cuts have boosted consumer sentiment but pessimism about the state of the economy remains. The Westpac Melbourne Institute Index of Consumer Sentiment is up 3.7 per cent to 99...
Engineering and infrastructure firm Downer EDI has won a contract worth up to $800 million to provide mining services for private collier TEC Coal's Queensland mine. The five and a half year contra..
Traditional shopping centres will feel the squeeze over the next decade as shoppers demand more attractive experiences and increasingly move online, a property report shows. Property market forecas..
The number of home loans approved in May fell 1.2 per cent to 46,120, official figures show. That was from an upwardly revised 46,702 in April. Economists' forecasts were for housing finance com..
Economists are expecting Australia's unemployment rate to have risen slightly in June, while total employment growth remained flat, as the strong jobs growth of previous months grinds to a halt. In..
Stocks to watch on the Australian stock exchange on Wednesday, July 11 AWC - ALUMINA LTD - down five cents at 70.5 cents Australian company Alumina's joint venture partner Alcoa has kicked off t..
US stocks closed sharply lower Tuesday as investors digested a positive start to earnings season, a eurozone deal to help support Spain and its banks, and disappointing Chinese trade data. A slump ..
The Australian share market has closed lower after worse-than-expected figures for Chinese imports exacerbated concerns that the Chinese economy is weakening. On Tuesday, the benchmark S&P/ASX2..
Eurozone finance ministers have agreed to offer Spain 30 billion euros ($A36.41 billion) this month to help its distressed banks as they raced to battle market scepticism over efforts to tackle the de..
The takeover battle for energy infrastructure investor Hastings Diversified Utilities Fund (HDF) is intensifying, with Pipeline Partners Australia making a binding $1.23 billion takeover offer. Has..
Darrell Lea has been put up for sale in the hope that Australia's famous chocolate maker and its 700 workers can be saved. Administrators took control of the 85-year-old, family-run company on Tues..
Insurance Australia Group is working to make its $720 million investments in Asia profitable as it eyes a long-term presence in the rapidly growing region. Chief executive Mike Wilkins told investo..
Traditional shopping centres will feel the squeeze over the next decade as shoppers demand more attractive experiences and increasingly move online, a property report shows. Property market forecas..
Recent interest rate cuts have done little to stop the fall in in business confidence, a private survey shows. The National Australia Bank (NAB) Monthly Business Survey showed the business confiden..
By Trevor Chappell Investors who hope to make money even when the share market goes down now have the opportunity to do so, with the listing of the BEAR Fund on the Australian Securities Exchange (..
Stocks to watch on the Australian stock exchange on Tuesday, July 10 ACL - ALCHEMIA LTD - up 4.5 cents at 54.5 cents Drug developer Alchemia intends to demerge its oncology (cancer) business to ..
US stocks have fallen ahead of the opening of earnings season, with the slow economy and worries about Europe and China pressing down on sentiment. At the closing bell on Monday the Dow Jones Indus..
The Australian sharemarket has closed lower, after the release of a disappointing jobs report in the US on Friday and concerns that China's economy is still weakening. At 1615 AEST on Monday, the b..
Australian bond future prices remain high after rising to a 10-day peak after the release of disappointing jobs figures in the United States. At 1630 AEST on Monday, the September 10-year bond futu..
Drug developer Alchemia intends to demerge its oncology (cancer) business to form a new company and list it on the United States market. Alchemia said on Monday that its oncology assets would be he..
Construction giant Leighton Holdings has sought to shore up its balance sheet with the $218 million sale of Thiess Waste Management (TWM) as it continues to offload assets. Analysts said the sale t..
Shares in Iluka Resources have plunged to 18-month lows after the mineral sands miner surprised the market with a sales downgrade and dire short-term outlook for the global economy. The downgrade i..
Disappointing US jobs data and further signs the Chinese economy is slowing have pushed the Australian dollar to its lowest level in 10 days. At 1200 AEST on Monday, the Australian dollar was tradi..
Lend Lease has secured $2 billion in funding for its Barangaroo development on Sydney Harbour. The construction and development company had secured commitments from several cornerstone investors fo..
Job advertisements have fallen for the third straight month, led by declines in Victoria and the mining boom states of Western Australia and Queensland. Total job advertisements on the internet and..
