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Australian shares have posted the best week in over a year as money flowed back into stocks on confidence European banks will be strengthened against a possible Greek default. The local market clos..
The government could help Australians better save for retirement by increasing annual concessional super contribution caps and solving the problem of collecting excess, an industry group says. The ..
The central bank has calculated how much more expensive houses are, the closer you are to the city centre or the waterfront.The answer is that proximity to the CBD and waterfront can boost house price..
The International Monetary Fund (IMF) has warned that recent global financial market volatility has increased uncertainty over Australia's near-term economic outlook, but it starts from an "enviable p..
Gold miner Exco Resources doesn't want to develop its Mt Colin copper and gold deposit in Queensland and may sell it. The miner earlier this year sold its prime asset, the Cloncurry copper project ..
Metal recycler Sims Metal Management says it will take advantage of current market volatility and buy back up to 10 per cent of its own shares. Sims Metal says it will buy back a maximum of 10 perc..
Activity in the Australian construction sector is still in the doldrums, as a lack of consumer and investor confidence takes its toll, a report shows.The Australian Industry Group-Housing Industry Ass..
Information technology company CSG Ltd has received new takeover interest following a $340 million takeover offer from an unnamed bidder last week.Shares in CSG were up 6.5 cents, or 6.16 per cent, at..
Stocks to watch on the Australian stock exchange early on Friday:APA - APA GROUP - in trading halt after rising 3.5 cents to $4.085AGK - AGL ENERGY LTD - up 11 cents at $14.43AGL Energy and APA Group ..
A roundup of trading on major world markets: NEW YORK - US stocks put on solid gains Thursday, helped by more confidence in banks and the retail sector and in Europe's push to ensure its banks rema..
Australian shares leapt the most in almost three years as investor sentiment improved on renewed optimism a solution is near at hand for the Eurozone debt crisis.The local market opened more than one ..
Steve Jobs saw the future and led the world to it.He moved technology from garages to pockets, took entertainment from discs to bytes and turned gadgets into extensions of the people who use them.Jobs..
Construction firm Leighton Holdings has appointed Manfred Wennemer as a non-executive director effective from October 6. Mr Wennemer, 64, is currently chairman of the supervisory board and the stra..
The Australian dollar is almost one US cent higher at noon as market sentiment remains upbeat over the European government debt crisis. The local unit held on to its overnight on Wednesday gains th..
A $4.83 billion takeover bid for Macarthur Coal has been extended for a second time. Europe's ArcelorMittal, the world's largest steelmaker, and US coal miner Peabody are offering Macarthur Coal sh..
Online travel agency Webjet says the value of its ticket sales in the three months to September was up by 25 per cent on the same period last year.Webjet said its total transaction values (TTV) from J..
Britain's economy has slowed to a trickle in the second quarter and the country's last recession was much deeper than thought, official data shows, piling pressure on the government.British gross dome..
Stocks to watch on the Australian stock exchange on Thursday:AAI - ALCOA INC - untraded at $10.50EPW - ERM POWER LTD - untraded at $1.355Gas-fired power supplier ERM Power has entered into a joint-ven..
A summary of trading in key commodities markets overseas:ENERGYCrude oil prices rallied Wednesday in parallel with stocks on the back of a significant, unexpected drop in US oil stockpiles.Signs that ..
A roundup of trading on major world markets: NEW YORK - US stocks surged for a second day on Wednesday on signs that Europe was preparing a plan to contain the Greek crisis and protect the region's..
The Australian share market staged a late rally to close firmly in the black after a similar surge on Wall Street and higher commodities prices overnight boosted resources and financial stocks.The ben..
Soft drink maker Coca-Cola Amatil (CCA) has a high expectation of acquiring the spirits, ready-to-drink mixed spirits and non-alcoholic brands of brewer Foster's Group.In September, the Foster's board..
Retail spending rose 0.6 per cent in August, according to official figures.Retail trade rose in the month to a seasonally adjusted $20.813 billion, compared to an upwardly revised $20.679 billion in J..
Activity in the Australian services sector expanded in September for the second consecutive month, with some sub-sectors helped by the mining boom, a private survey shows.The Australian Industry Group..
Engineering firm Coffey International says it will issue about $40 million in new shares to pay down debt.The company announced a fully underwritten capital raising on Wednesday to "substantially stre..
