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The Australian share market finished firmly lower after battling headwinds on all fronts, with negative offshore leads, concerns about Greece's debt woes and disappointing Australian gross domestic pr..
The economy posted unexpectedly slow growth in the December quarter, but provided some good news on labour productivity. The economy's output of goods and services, measured by gross domestic produ..
Australian bond futures have fallen after concerns about Greece's debt swap deal and a European recession drove global stock markets and risk currencies lower. Westpac senior market strategist Dami..
Decisions by the major banks to raise interest rates independently of the official cash rate does not suggest an undermining of monetary policy, according to a central bank representative. Speaking..
A lower-than-expected growth reading for the Australian economy in the last three months of 2011 is not surprising, given recent data, economists say. Australian gross domestic product (GDP) rose b..
Stocks to watch on the Australian stock exchange at noon on Wednesday: AMC - AMCOR LTD - up 14 cents, or 2.05 per cent, at $6.94 Packaging maker Amcor will expand its flexible packaging business..
Monetary policy has a key role to play in the evolution of the Australian economy as it responds to structural change, the Reserve Bank of Australia (RBA) says. Addressing an economic forum in Sydn..
The Australian dollar has tumbled almost one US cent to its lowest level in six weeks on fears of a euro zone recession and nervousness about Greece's debt-swap deal. At 0630 AEDT, the Australian d..
A roundup of trading on major world markets: NEW YORK - US stocks opened sharply lower amid growth concerns as data confirmed that the euro zone appears headed into recession. The Dow Jones Indu..
Monetary policy has a key role to play in the evolution of the Australian economy, as it responds to structural change, the Reserve Bank of Australia (RBA) says. Addressing an economic forum in Syd..
The Australian share market closed firmly in the red after weaker base metals prices and a downwards revision of China's economic growth target weighed on mining stocks. The benchmark S&P/ASX20..
Bank of Queensland (BOQ) has lifted its home loan interest rate by ten basis points even though the central bank left the cash rate on hold. BOQ chief executive Stuart Grimshaw said the move to rai..
The Reserve Bank of Australia has kept the cash rate at 4.25 per cent at its March board meeting. The last time the central bank cut the official interest rate was a quarter per cent cut in Decembe..
Foreign trade figures showing a boost to exports have added to the case that official data will show an acceleration in the economic growth rate, economists say. Foreign trade, adjusted for price c..
Westpac Banking Corporation has confirmed plans to send 119 technology jobs overseas to cut costs. A Westpac spokesman said on Tuesday staff working in the affected parts of the bank were told last..
Mining giant Rio Tinto plans to invest $US2 billion ($A1.87 billion) in an iron ore project in eastern India in what it says will be Australia's "largest investment" in the South Asian nation. Sam ..
The Australian dollar has fallen almost half a of one US cent as global markets reacted to China's reduced growth target. At 0700 AEDT the Australian dollar was trading at 106.69 US cents, down fro..
US stocks have fallen on worries about the slowing global economy after China lowered its growth estimate eclipsed positive numbers on the US services sector. The Dow Jones Industrial Average dippe..
The Reserve Bank of Australia (RBA) is expected to hold interest rates at their current level when it meets on Tuesday. An AAP survey of 13 economists last week revealed all expected the RBA to hol..
Australian stocks started the week poorly, with the big miners dragging the market down on the back of lower commodity prices. The benchmark S&P/ASX200 index closed down 16.7 points, or 0.39 pe..
Coca Cola Amatil (CCA) has surprised the market by deciding not to exercise its right to buy any of Foster's spirits business. CCA made the decision after looking at the books in a deal that would ..
ANZ says it has received approval to offer local currency products and services to customers in China. The Melbourne-based bank said it had obtained a licence from the China Banking Regulatory Comm..
Optus chief executive Paul O'Sullivan has been given a wider brief as part of a restructure of parent company Singapore Telecommunications (SingTel). SingTel said on Monday the company would be spl..
Lawyers for a $200 million-plus class action against the Centro group say it is unrealistic for the restructured company to claim it is not liable for losses of the old entity.More than four years sin..
Labour demand remains strong, according to a private study showing that job advertisements continue to trend positively. The number of jobs advertised on the internet and in newspapers rose 3.3 per..
