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Consumer prices rose slightly in February, as increases in the cost of fruit and vegetables were offset by notable drops in costs linked to holidays. The TD Securities-Melbourne Institute inflation..
A fall in company profits in the last three months of 2011 and a rise in inventories points to a moderate rate of economic growth in the December quarter.The figures feed into the December quarter gro..
After falling half a US cent, the Australian dollar has traded in a tight range as investors await a series of major economic data releases due later in the week. At 1200 AEDT, the Australian dolla..
A roundup of trading on major world markets: NEW YORK - US stocks closed lower on Friday with traders lacking any kind of news to spark enthusiasm for buying. All the market energy seemed to go ..
The Australian stock market closed higher after a positive lead from Wall Street, shrugging off higher unemployment levels in Europe. The benchmark S&P/ASX200 index was up 17.6 points, or 0.41 ..
The pace of growth is expected to have slowed in late 2011, economists say. AMP Capital chief economist Shane Oliver said he was expecting a slowing in the pace of economic growth for the final thr..
Sundance Resources was heavily traded after the iron ore explorer entered an agreement with a private West African company about sharing infrastructure planned for the Perth-based company's Mbalam/Nab..
Consumer goods retailer Harvey Norman is drastically scaling back plans to conduct five per cent of its trade online, only months after launching a brand new website. Chief executive Gerry Harvey s..
The Federal Government has frozen the super contributions cap for the next financial year and introduced a new measure designed to help those who have mistakenly put too much money into their superann..
Australia's air services regulator has rejected a bid by Qantas Airways and South African Airways (SAA) to continue their code-sharing alliance on flights between the two countries. The Internation..
Leighton Contractors has taken a big step towards securing a stream of work on Rio Tinto's $18 billion iron ore expansion in Western Australia's Pilbara region. The wholly owned Leighton Holdings s..
The cookie may have crumbled for biscuit maker Unibic Australia but a potential buyer has come to the table, just a day after company was placed into administration. Insolvency firm Lawler Draper D..
Banks dodged a big hit from the Greek debt crisis and rallied on Thursday to lead the stockmarket higher. Strong retail sales and more encouraging news about the US job market also helped stocks rise...
Stocks to watch on the Australian stock exchange early on Friday: LEIGHTON HOLDINGS LTD - down 25 cents at $25.30 An anti-corruption unit of the Iraqi Oil Ministry reportedly is investigating wh..
Woolworths says double-digit growth remains an ambition despite a fall in profit, as it invests heavily in new outlets and markets to tide it over challenging retail conditions. The retailing giant..
The Australian share market closed lower on Thursday as cautious investors searched for an elusive lead. At the 1615 AEDT close, the S&P/ASX200 index was 42.9 points, or 1.0 per cent, lower at ..
Most mortgage borrowers stand ready to switch lenders if banks and other lenders increase interest rates independently of the central bank again. That's the verdict of 77 per cent of 1,504 Australi..
Cashed-up corporate shell Murchison Metals has reshuffled its board in the wake of the one-time iron ore miner's sale of assets to Japan's Mitsubishi. Murchison shares were up one cent, or 2.11 per..
Capital expenditure fell in the last three months of 2011, but it is expected to make a comeback in 2012 as the mining boom continues. New private capital expenditure (capex) fell 0.3 per cent in r..
Economists expect the reserve bank will keep the cash rate steady at its next meeting, citing comments suggesting its benign view of domestic and global conditions. The Reserve Bank of Australia (R..
James Murdoch, the younger son of media tycoon Rupert Murdoch, has resigned from his role as executive chairman of News International, News Corporation's scandal-plagued British newspaper unit. Mr ..
Stocks to watch on the Australian stock exchange early on Thursday: BBG - BILLABONG INTERNATIONAL LTD - up 10 cents at $3.08 Billabong International says it has appointed Sally Pitkin to the boa..
An anti-corruption unit of the Iraqi Oil Ministry is reportedly investigating whether a Leighton Holdings subsidiary paid bribes for information relating to an oil project in Iraq. The allegations ..
Federal Reserve chairman Ben Bernanke's forecast of continued sluggish growth in the US economy for 2012 sent US stocks lower on Wednesday. At the closing bell the Dow Jones Industrial Average was ..
The Australian share market closed higher on Wednesday, boosted by encouraging economic data from Japan and South Korea and slightly stronger retail sales data in Australia. The S&P/ASX200 inde..
