Latest Finance News



ConocoPhillips eyes new Darwin pipeline

Energy giant ConocoPhillips says it could run a new gas pipeline all the way to its processing facility at Darwin from the Browse Basin offshore from Western Australia. ConocoPhillips, the third la..

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Economic growth is under par: Westpac

Australian economic conditions are solid but below average and are likely to stay that way for the coming months. The Westpac-Melbourne Institute Leading Index, which indicates the likely pace of e..

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Mining boom has years to run: RBA

Australia's economy has adjusted well to the impact of the mining boom - which is likely to continue to for some time, the Reserve Bank of Australia says. In a paper presented on Wednesday to the S..

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Stocks to watch early on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, September 19 ALS - ALESCO CORPORATION LTD - up 0.5 cents at $1.905 DLX - DULUXGROUP LTD - down six cents at $3.27 Alesco chairma..

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Alesco open to talks with Dulux

Alesco chairman Mark Luby has signalled the door is still open for further talks with paint maker DuluxGroup over its long-running $210 million takeover bid. In response to a shareholder question a..

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Leighton wins $437m in new work

Two Leighton subsidiaries have won new contracts worth a total of $437 million. Leighton's 45 per cent-owned Middle East associated Habtoor Leighton Group won a $US316 million ($A302.96 million) co..

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Wotif.com chief executive resigns

The chief executive of online travel group Wotif.com has resigned to take a job in another industry. After five years as company head, Robbie Cooke is expected to leave the company at the end of 20..

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Reforms will support the markets: RBA

Regulatory reforms will act as a stabiliser in less certain economic times, the Reserve Bank of Australia says. Speaking to the Financial Services Institute of Australia on Tuesday, RBA assistant g..

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BHP boss is the nation’s top earner

BHP Billiton boss Marius Kloppers is the nation's highest-paid chief executive, earning $11.8 million last year, research finds. But this was well down on 2010's champion earner, the then chief exe..

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New vehicle sales hit record high

Car yards sold more new vehicles in August than ever before. More than 93,000 new vehicles were sold in August, seasonally adjusted, a 3.6 per cent jump on the previous month, figures released by t..

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Macmahon expected to downgrade profits

Macmahon Holdings is poised to cut its earnings guidance, only a month after the mining services and construction group forecast 20 per cent profit growth for fiscal 2013. The group requested a tra..

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