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The competition watchdog is expected to announce its long-awaited decision on pay TV provider Foxtel's takeover of regional rival Austar next week. Austar on Thursday said the Australian Competitio..
Stocks to watch on the Australian stock exchange at noon on Thursday: AMC - AMCOR LTD - down four cents, or 0.53 per cent, at $7.51 Paper and packaging group Amcor has paid $US40 million ($A38.8..
The Australian market has opened half a per cent lower due to falling commodity prices and a weakness on overseas markets. At 1022 AEST on Thursday, the benchmark S&P/ASX200 index was down 21.6..
The Australian market looks set to open lower following falls on Wall Street after a weak result in Spain's bond auction. At 0650 AEST on Thursday, the June share price index futures contract was d..
A roundup of trading on major world markets: NEW YORK - A dreadful Spanish bond auction and the reluctance of the Federal Reserve to launch a fresh round of US stimulus sent Wall Street share price..
The Australian dollar has fallen after US stocks lost ground following a weak Spanish bond auction. At 0700 AEST on Thursday, the local unit was trading at 102.70 US cents, down from 102.82 cents o..
The Australian dollar has fallen after US stocks lost ground following a weak Spanish bond auction. At 0630 AEST on Thursday, the local unit was trading at 102.56 US cents, down from 102.82 cents o..
The Australian share market has closed flat despite a sell-off triggered by disappointing trade balance numbers. The benchmark S&P/ASX200 index was down 3.1 points, or 0.07 per cent, at 4,333.9..
Australia needs visionary leaders to champion investment in urgently need major rail and road projects, says the head of one of the nation's key business groups. Business Council of Australia presi..
A senior ANZ executive says he is mystified that people love hearing about the millions athletes and movie stars earn but slam the pay of bank executives. Phil Chronican, who pocketed $2.2 million ..
Shares in construction and maintenance firm Transfield Services plunged almost 12 per cent as analysts anticipate a writedown on its newly acquired Easternwell business. The company's shares lost 2..
QBE's insurance premiums will increase by seven per cent in 2012 and continue to climb into 2013 as the insurance giant tries to recoup the cost of disasters in Australia and overseas. And people l..
Seven West Media, the owner of the Seven Network and West Australian Newspapers, has withdrawn from the Australian Press Council. The council is the principal body that responds to complaints about..
News of the second consecutive monthly trade deficit does not augur well for economic growth in early 2012. The trade deficit came in at $480 million in February, according to seasonally adjusted d..
Oil prices are falling after a two-day rise as traders eye mixed signs about the strength of the global economy. Benchmark oil for May delivery gave up 80 cents to $US104.43 ($A100.66) a barrel in ..
Spain says its national debt will spiral sharply higher this year as data showed unemployment hit a record high in March, complicating efforts to stabilise the country's strained finances. Budget M..
Signs that the Federal Reserve may be reticent to launch a fresh round of stimulus sent Wall Street lower Tuesday. Amid amped-up market expectations, the Fed published its minutes for its March 13 ..
The Australian share market closed marginally firmer despite slipping in late trade after the central bank kept interest rates on hold. The benchmark S&P/ASX200 index was up 7.7 points, or 0.18..
Australia could be on the verge of another rental crisis, with Perth expected to be hit the hardest, Australia's largest property developer says. Stockland managing director Matthew Quinn said subu..
Metcash will axe almost 10 per cent of its workforce as it undergoes a drastic restructure amid a bruising price war with its supermarket rivals. The company behind brands such as Campbells Cash an..
China's biggest gold producer Zijin Mining is expected to push further into Australia after a $229 million takeover of Norton Gold Fields. Norton shares leapt five cents, or 27.03 per cent, to 23 c..
OneSteel spent $1 million coming up with a meaningless name, and will need to spend much more to make it work. Arrium was dreamt up by OneSteel's trusted consultants and has no particular meaning -..
The Reserve Bank of Australia has kept official interest rates on hold for another month but has flagged a likely rate cut as early as May. The RBA decided at its April board meeting in Melbourne o..
Transfield Services shareholders are bracing themselves for a possible profit downgrade from the construction and maintenance company. Transfield's shares went into a trading halt on Tuesday as the..
Australians are spending their hard earned cash on eating out and holidays as the nation's retail sector continues to struggle. Official data from the Australian Bureau of Statistics (ABS) show tha..
