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National Australia Bank is on track for another record cash profit, but the bank says higher funding costs have begun to hit its revenue. Demand for loans remains weak in Australia, the lender said..
Macquarie Group has flagged job cuts of around 10 per cent at its investment banking arm as it foreshadows a significant decline in full year profit. The company said its Macquarie Securities unit ..
Toll road operator Transurban expects a strong performance in the second half of the financial year as it continues major construction projects in Australia and United States and finalises contracts o..
Leighton Holdings subsidiary Thiess has won a $1 billion mining contract to extend the life of OZ Minerals' Prominent Hill copper and gold mine. The new contract means the mining services company w..
Stocks to watch on the Australian stock exchange early on Tuesday: DOW - DOWNER EDI LTD - up 25 cents at $3.79 AMP - up five cents at $4.27 The major private partner in the troubled Reliance ..
Stock indexes are closing slightly lower as talks drag on between Greek political leaders over a fresh austerity package required for the country to get more bailout loans. President Nicolas Sarkoz..
Parties backing Greece's coalition government will hold a second day of emergency talks on an austerity deal with rescue creditors, after an intense weekend of negotiations failed to produce a breakth..
The Australian share market market has closed higher after better than expected US jobs figures boosted global sentiment for equities. However, investors are still showing signs of anxiety over the..
Sales expectations among businesses for the June quarter are at their highest level in eight years, a private sector survey shows. Sales expectations for the June quarter almost doubled from those ..
Job advertisements in January posted their largest monthly rise in almost two years, although the rate of joblessness is expected to drift up in 2012, a private sector survey shows. Total job adver..
Telstra Corporation is expected to report a double-digit increase in first half profit as the telco grows market share, particularly in mobile, and keeps costs in check. Market expectations were fo..
Chief executive Chris Ryan is the latest departure from wealth manager Perpetual, after clashing with its board over strategy. The matter came to a head at the weekend, when the board "agreed to di..
Shoppers are failing to spend despite successive interest rate cuts, official data shows. However, economists say the plight of retailers will be low on the central bank's agenda when it meets on T..
The major private partner in the troubled Reliance Rail project has welcomed a restructure of the group's financing. The NSW government has agreed to invest $175 million in 2018 in return for 100 p..
A roundup of trading on major world markets: NEW YORK - A strong January jobs report on Friday sent US stocks soaring, pushing the Dow to pre-crisis levels, as investors celebrated a surge in job g..
Stocks to watch on the Australian stock exchange on Monday, February 6 AUN - AUSTAR UNITED COMMUNICATIONS LTD - up 1.5 cents at $1.175 TLS - TELSTRA CORPORATION - down two cents at $3.34 CMJ ..
The Reserve Bank of Australia (RBA) is expected cut its interest rate for a third consecutive meeting as inflation eases, local employment growth slows and fears over a European recession grows. Th..
Chinese state-owned Beijing Guoli Energy Investment is to take a $20 million stake in Queensland-based Cuesta Coal ahead of its listing this year. The Queensland coal hopeful has a portfolio of 33 ..
A review of the week's Australian economic data, January 30 to February 3: ***** NATIONAL AUSTRALIA BANK MONTHLY BUSINESS SURVEY Australian business confidence increased in December, despite ..
Skilled labour in the residential building industry remained in moderate surplus for the last three months of 2011, in a soft building market, according to an industry study. The Housing Industry A..
Regional pay TV provider Austar will seek court approval to postpone a shareholder vote on Foxtel's proposed take-over because the competition watchdog is yet to approve the deal. Austar shareholde..
Activity in the Australian services sector has expanded for the first time in four months, a private survey shows. The Australian Industry Group/Commonwealth Bank Australian Performance of Services..
Gold rose to a two-month high on Thursday on a larger-than-expected fall in new US claims for unemployment benefits, but analysts said bullion could pull back if Friday's US jobs report disappoints. ..
US stocks have ended the session mixed after weekly jobless claims fell, but Federal Reserve chief Ben Bernanke told congress the jobs market had a long road to recovery. The Dow Jones Industrial A..
Stocks to watch on the Australian stock exchange early on Friday: BHP - BHP BILLITON LTD - up 71 cents at $37.62 BHP Billiton has committed $US779 million ($A735.98 million) to a port project th..
