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The superannuation industry body has decried the lack of a plan for securing the retirement future of Australia's baby boomers in the federal budget. Chief executive officer of the Association of S..
Returning the federal budget to surplus will put downward pressure on the Australian dollar and could lead to lower interest rates, economists say. Treasurer Wayne Swan on Tuesday night handed down..
Stocks to watch on the Australian stock exchange early on Wednesday: BHP - BHP BILLITON - up 11 cents at $34.68 BHP Billiton has appointed Ian Maxwell as President Energy Coal following Jimmy Wi..
US companies in March posted the highest number of job openings in nearly four years, a sign that hiring could strengthen in the coming months after slowing this spring. The Labor Department says e..
Turmoil in the eurozone and a clutch of disappointing earnings reports have sent US markets tumbling. The Dow Jones Industrial Average gave up almost 200 points at one point during the session, but..
The Australian share market has closed slightly higher, in the wake of better than expected trading on United States and European markets. At 1615 AEST on Tuesday, the benchmark S&P/ASX200 inde..
Mineral sands miner Iluka says it will cut its annual production of zircon in 2012 because the global economic outlook remains unclear. Iluka said on Tuesday that sales volumes of zircon in April h..
Leighton Holdings insists that its portfolio of projects is performing well despite its two big ticket developments costing the construction giant $254 million in pre-tax earnings. Chief executive ..
Oil Search says 2012 will be a potentially transformational year for the company, presenting an unprecedented opportunity to grow the value of its assets. Port Moresby-based Oil Search said in a pr..
Australia's trade deficit has extended into its third straight month, but economists say a return to surplus is likely as coal exports recover from the impact of bad weather over the summer months. ..
Centro Retail Australia has gone into a trading halt pending an announcement on settlement discussions over its $200 million class action. About 5,000 investors, some of whom lost life savings, hav..
OneSteel shareholders have voted in favour of changing the company's name to Arrium. The company announced in April that it intended to change its name to Arrium to better reflect its new focus on ..
The Commonwealth Bank's retail banking services group executive Ross McEwan has resigned to take up a senior role with the Royal Bank of Scotland. Mr McEwan will leave later this year to take up th..
Stocks to watch on the Australian stock exchange eearly on Tuesday: ALS - ALESCO CORPORATION LTD - up 6.0 cents, or 2.94 per cent, at $2.10 DLX - DULUXGROUP LTD - down one cent, or 0.34 per cent..
US stocks have closed mixed, showing little impact from the weekend votes in France and Greece which cast doubt on the path of financial reform across the troubled eurozone. The Dow Jones Industria..
The Australian share market has taken a beating, after renewed concerns over the eurozone and disappointing jobs data in the United States sent spooked investors running for the exits. At 1615 AEST..
Australian bond futures prices are higher after some weak US jobs figures and a change of government in Greece dampened market sentiment. On Friday night, Australian time, non-farm payrolls data sh..
Non-means tested benefits are likely to bear the brunt of cuts in Tuesday's federal budget, according to a leading bank representative. At a media conference on May 2, St George chief economist Han..
Leighton Holding's shares have dipped after the construction giant announced that the completion date for Brisbane's Airport Link toll road has been pushed back by almost two months. The company an..
Retail and residential building figures were stronger than expected in March, but not strong enough to dispel the gloom hanging over the economy. Retail turnover was up by 0.9 per cent, seasonally ..
Commonwealth Bank of Australia (CBA) is the latest major lender to announce job cuts, with about 100 positions to be axed. CBA will cut about 100 jobs as it makes changes to its mortgages business ..
Orica's new boss has come out swinging saying the company is riding high on the mining boom despite a horror year from a public relations perspective. The explosives supplier on Monday reported a s..
A roundup of trading on major world markets: NEW YORK - US stocks plummeted on Friday after the release of disappointing jobs data for April, with tech giants leading the way on fears that consumer..
Stocks to watch on the Australian stock exchange early on Monday: CMJ - CONSOLIDATED MEDIA HOLDINGS LTD - down six cents, or 1.8 per cent, at $3.24 Consolidated Media Holdings says it is not con..
Job advertisements posted a sharp fall in April after three consecutive months of rises, a private survey shows. Total job advertisements on the internet and in major metropolitan newspapers fell 3..
