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Shopping mall giant Westfield is more upbeat about its growth prospects in the United States than Australia.But as the world's biggest economy emerges from the global financial crisis, a weaker Austra..
The mining investment boom isn't over yet but it will be soon, and when it is, there may not be much there to fill the breach.Australian business investment rose four per cent in the June quarter, bea..
Qantas has limped back to profit as the airfare price war with Virgin Australia dragged on earnings.Chief executive Alan Joyce also warned the operating environment for the airline would be challengin..
US stocks have rebounded, led by energy companies benefiting from an oil price spike, as the West mulls a possible punitive attack against Syria for its alleged chemical weapons use.The Dow Jones Indu..
The Australian share market has suffered its steepest one-day fall in three weeks as speculation about a US military strike on Syria hits the big miners.CommSec market analyst Steven Daghlian said the..
The strong Australian dollar and high dairy prices have hit Warrnambool Cheese and Butter's annual profit, but the company maintains a glass half full outlook.Warrnambool's profit of $7.5 million in t..
Online travel agent Wotif.com's annual profit has dropped 12 per cent as tourists took advantage of a strong Australian dollar to journey further from home.That trend has boosted Wotif's volume of fli..
Shares in iron ore miner BC Iron have reached an all-time high following a record production run.Shipments from its Nullagine mine in Western Australia, in which Fortescue Metals holds a 25 per cent s..
Building of homes, shops and offices and engineering work on bridges, roads and mines was weaker than expected in the June quarter, and the looming federal election could be to blame.The amount of con..
Construction and maintenance group Transfield Services will continue to axe jobs, cut costs and sell assets, after reporting a $250 million annual loss.Transfield cut 359 jobs in the 2012/13 financial..
Retail giant Woolworths expects consumer confidence to remain weak for the next 12 months as Australians deal with cost of living pressures and a flat job market.But it hopes the end of the federal el..
Australia's second largest energy retailer AGL has raised the prospect of buying a NSW government-owned coal fired power station.The comments surprised analysts, given the current weakness in wholesal..
US stocks have plunged as the country moves closer to punitive military action against Syria for its alleged use of chemical weapons in a devastating attack on civilians.Warnings stepped up from the U..
The Australian share market has closed slightly higher as the United States builds its case for a military response to the Syrian situation.At the close on Tuesday, the benchmark S&P/ASX200 index was ..
Builder Watpac has made another annual loss as it overhauls its business to address the dwindling mining boom, but expects improvement in the current financial year.Watpac made a loss of $4.7 million ..
WesTrac owner Seven Group expects its earnings to fall by more than a third in the year ahead as a downturn in the mining sector causes a slump in machinery sales.The industrials and media group's glo..
Fashion retailer Noni B's sales in the new financial year have been hit by nervous shoppers amid economic uncertainty ahead of the federal election.Noni B on Tuesday reported a $3.5 million loss in th..
A court challenge by environmentalists has forced Whitehaven Coal to again delay planned first sales from a new coal mine, as lower prices forced the company into the red.Chief executive Paul Flynn in..
Beach Energy says it will boost spending and production this year after achieving a better than expected full year profit and lifting dividends.Net profit of $153.7 million in the 2012/13 financial ye..
Troubled surfwear company Billabong has made a net loss of $860 million with major writedowns and a drop in revenue. The 2012/13 result was affected by $867 million in significant items, including ..
The Australian share market has opened lower after the United States' condemnation of chemical weapon attacks in Syria triggered sharp falls on Wall Street. After opening on Tuesday, the All Ordina..
Troubled retailer Billabong says it needs to decide on a funding lifeline as soon as possible after falling to a $860 million full year loss.A huge writedown on the value of its brands and weaker sale..
Flight Centre is overhauling its shops, staff and services in a bid to keep up its run of record profits.Stronger sales and improved margins helped boost the travel agency group's 2012/2013 profit by ..
US stocks have closed sharply lower after Secretary of State John Kerry warned that the US will demand "accountability" after an "obscene" chemical weapons attack on Syrian civilians. The Dow Jones..
Australian shares finished higher as investors bought banking stocks in the absence of local drivers. RBS Morgans client adviser Alistair McCorquodale said the local market was in a holding pattern..
