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Sporting codes and the federal government have welcomed the Federal Court's ruling that Optus cannot legally re-broadcast football matches online with minimal delays. The Federal Court on Friday up..
Finance Minister Penny Wong says the federal government has been fully prepared for a further write-down in revenues as it puts together its May 8 budget. This would be on top of the previously ann..
Shares in printer, publisher and direct marketer PMP more than doubled in value after the company received a takeover offer worth up to $252 million. PMP informed the market on Friday it had receiv..
Industrial services company Spotless will unveil the outcome of its talks with its private equity suitor on Monday. Spotless shares have been suspended from trade until the company provides an upda..
West Australian miner Atlas Iron plans to start three new mines in WA's north Pilbara region as part of a $672 million expansion. Atlas said on Friday that the three mines - Mt Dove, Abydos and Mt ..
Macquarie Group chief executive Nicholas Moore pocketed $7.8 million in the same year the company posted a 24 per cent drop in profit and shed more than 1,300 jobs. Significantly lower levels of in..
Electronics retailer JB Hi-Fi has blamed unsustainable discounting of televisions, computers and tablets for an expected fall in full-year profit, pushing the company's shares down to a three-year low..
Stocks to watch on the Australian stock exchange on Friday, April 27 LEI - LEIGHTON HOLDINGS LTD - up 10 cents at $20.28 Leighton Holdings' Middle East operation is part of a joint venture award..
US stocks have risen despite a series of uneven data and corporate earnings reports that included a big disappointment from oil giant ExxonMobil. Strong US housing data, mediocre jobless claims fig..
The Australian share market gave up earlier gains to finish slightly higher following a positive lead from Wall Street. At 1615 AEST on Thursday, the benchmark S&P/ASX200 index was up 14.8 poin..
House prices in Western Australia's booming Pilbara region are continuing to outpace major capital cities, with recent sales fetching $300,000 more than the Sydney median. Sixty properties in the i..
Shares in Australia's largest diversified media business Seven West Media have lost almost a quarter of their value in response to its surprise earnings downgrade. And the fall in Seven West's shar..
OZ Minerals lifted its production of gold and copper in the first three months of the year but costs were higher because of heavy rains. Oz Minerals produced 27,182 tonnes of copper from its Promin..
The West Australian government will support QR National and Atlas Iron's bid for a common rail line in the Pilbara, but says it won't put any money towards it. WA Premier Colin Barnett told reporte..
Australia's commercial property sector continued to move downwards in the first three months of the year, a survey shows. National Australia Bank's (NAB) quarterly Australian commercial property in..
Leighton Holdings' Middle East operation is part of a joint venture awarded a $US169 million ($A163.57 million) contract for work on a mine in Saudi Arabia. Dragados Gulf Construction Company and H..
A roundup of trading on major world markets: NEW YORK - Blockbuster profits from Apple and a solid showing by Boeing have pumped up US markets, with a late boost coming from a slightly improved gro..
Already at 40-month lows, shares in Australia's biggest goldminer Newcrest Mining plummeted further on Tuesday when it cut production forecasts. The company cut predictions for gold and copper prod..
Fruit and vegetable prices at Coles have rebounded after plunging in the third quarter due to a boost in supply and heavy discounting against the supermarket chain's arch rival, Woolworths. Wesfarm..
The Australian share market has closed slightly higher following lower than expected national inflation figures. At the close on Tuesday, the benchmark S&P/ASX200 index was up 8.0 points, or 0...
Thakral Holdings (THG) says a $400 million takeover offer from private equity group Brookfield undervalues the Australian property company. Canadian-based Brookfield said on April 19 that it propos..
The central bank has room to deliver at least two interest rate cuts in the next few months, following the release of weak inflation data, economists say. The consumer price index (CPI), rose 0.1 p..
Shares in takeover target Spotless have been placed in a trading halt amid speculation that Pacific Equity Partners (PEP) has made a revised offer for the catering and cleaning company. Spotless re..
Stocks to watch on the Australian stock exchange on Tuesday April 24 AGI - AINSWORTH GAME TECHNOLOGY LTD - steady at $1.565 Gaming machine supplier Ainsworth Game Technology is seeking to raise ..
US stocks have closed lower but off earlier steep losses as Wall Street focused on European political and economic uncertainty and some US earnings results missed expectations. The Dow Jones Indust..
