You don't have credit card details available. You will be redirected to update payment method page. Click OK to continue.
Reserve Bank of Australia governor Glenn Stevens didn't get a pay rise in the last financial year - he was stuck on the same million-dollar salary. Mr Stevens' remuneration totalled $1.025 million ..
Low interest rates around the world are hurting the Reserve Bank of Australia's bottom line and are stopping it from restoring its reserve fund quickly.The Reserve Bank Reserve Fund (RBRF) stood at $2..
Newcrest Mining boss Greg Robinson has admitted the company got a lot wrong following its much-maligned $9.5 billion 2010 acquisition of Lihir Gold.The Papua New Guinea-based gold project and its oper..
Drug distributor and health and beauty products retailer Australian Pharmaceutical Industries (API) says consumer confidence is improving, but the company is facing intense competition. API supplie..
Australian shares are firmer as stronger demand for banking stocks offsets losses across the resources sector. Investors are continuing to expect the big banks to report strong profit results in co..
Retail giant Coles sold almost $7 billion worth of goods in the September quarter and its parent company says all signs are pointing to a strong Christmas sales period.According to figures released by..
US stocks have ended lower, a decline that analysts attribute to a mix of profit-taking and a couple of prominent earnings disappointments. The Dow Jones Industrial Average on Wednesday dropped 54...
Australian shares have fallen for the first time in seven trading sessions following a jump in China's money market rate. Concerns about a lack of funds in China's banks overcame a buoyant mood in ..
Australia's Future Fund has grown to $91.7 billion as its management signals an ongoing shift from debt towards equity investments while the world recovers from the global financial crisis. However..
Telstra is reshuffling its senior management as part of an effort to boost revenue and focus on new growth areas. Chief executive David Thodey said the restructure was designed to ensure the compan..
The owner of Rebel Sports and Supercheap Auto plans to open 25 new stores in the year ahead, and says sales are improving.Super Retail also owns the Ray's Outdoors, Boating Camping Fishing (BCF) and A..
Almost 40 workers at the Berrima coal mine in the NSW southern highlands will lose their jobs when production at the mine is halted this week. Building products maker Boral owns the mine, which has..
Australian shares are marginally firmer after disappointing US jobs numbers convinced investors the US Federal Reserve will maintain its stimulus measures until next year. Some dividend paying stoc..
Electricity and gas provider Origin Energy says it's confident the coalition government's direct action policies will cut carbon emissions.Prime Minister Tony Abbott's plans to repeal the carbon tax a..
The solution to the predicted gas supply crisis facing 17.5 million east coast Australians is under peoples' feet, the head of utility giant AGL Energy says.Chief executive Michael Fraser says Austral..
US stocks have risen on generally solid corporate earnings and increased confidence after a weaker-than-expected jobs report suggested the US Federal Reserve will not soon scale back its stimulus prog..
Australian shares have reached a fresh five and a half year high as the world's biggest miner BHP Billiton drove market gains. Bell Direct equities analyst Julia Lee said BHP's upgraded full year f..
Mining giant Rio Tinto is likely to axe hundreds of back office jobs after signing an outsourcing deal with US technology company IBM. Rio has signed a $100 million, 10 year deal with IBM that will..
Health products maker Blackmores' profit fell by 31 per cent in the first quarter of the financial year due to falling sales in Australia.The company's local sales in the three months to September 30 ..
Australian shares are firmer as rosier production figures from the world's biggest miner BHP Billiton helps boost the overall market. While Wall Street finished flat, Baillieu Holst director Richar..
Department store David Jones could take up to six months to find a new boss, and is likely to look overseas, analysts say.Chief executive Paul Zahra unexpectedly quit on Monday, citing personal reason..
Oil Search lifted production during the September quarter but sold less oil and gas.Production in the three months to the end of September was up 10 per cent from the preceding quarter to 1.78 million..
BHP Billiton's shares leapt up after a record-breaking production report that has investors eyeing a strong profit and better capital returns.The global mining giant upgraded full year iron ore produc..
US stocks have ended little changed as investors took a breather after last week's hefty gains. At the closing bell on Monday, the Dow Jones Industrial Average fell 9.64 points (0.06 per cent) to 1..
Paul Zahra has cited personal reasons for stepping down as chief executive of high-end department store chain David Jones. The announcement that he would leave the company was made on Monday after ..
