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New home sales continue to soar, serving as a key support for Australia's economic growth. Sales were up 2.9 per cent in April, figures released by the Housing Industry Association on Thursday show..
Stocks to watch on the Australian stock exchange on Thursday, May 29: ALL - ARISTOCRAT LEISURE - up 17 cents, or 3.29 per cent, at $5.34 Poker machine maker Aristocrat Leisure expects strong ann..
The Australian share market has closed in positive territory after touching a six year high in afternoon trade. The ASX200 hit 5540.8 points at 1420 AEST before retreating later in the day. Morg..
Iluka Resources was the second-best performer on the share market on Wednesday after giving shareholders an upbeat view of the long-depressed mineral sands market. Iluka expects total sales of its ..
A proposed split of shopping centre giant Westfield's Australasian and international assets into separate entities faces stiff opposition when securityholders vote on the matter. Westfield Group wa..
Housing affordability is the best it's been in over a decade thanks to low interest rates and easing home price rises. Affordability is at its most favourable level since March 2002, according to t..
Expectations for Australia's economic growth have slumped to a three-year low, weighed down by a tumble in consumer confidence following the federal budget.The Westpac/Melbourne Institute Leading Inde..
Stockland says its sweetened $2.5 billion takeover bid for fellow property developer Australand is final and as good as it will get. Australand's board did not rule out accepting the offer as it di..
Stocks to watch on the Australian stock exchange on Wednesday, May 28: ALL - ARISTOCRAT LEISURE - up two cents, or 0.4 per cent, at $5.17 Aristocrat Leisure releases its half year results on Wed..
The S&P 500 has notched a record close for the second straight session as US stocks rallied following some solid economic data. The broad-based S&P 500 gained 11.38 points (0.60 per cent) o..
The Australian share market has closed flat, with few local and offshore leads. CMC Markets analyst Ric Spooner said volumes had been thin following public holidays in the US and UK overnight. "..
A massive gas deal between Russia and China could lead to weaker returns from Woodside Petroleum's flagship Browse project in Western Australia. China and Russia last week signed a monumental, mult..
Investors in analytical testing services group ALS have shrugged off a drop in annual profit and dividend payouts to push the stock up more than eight per cent. ALS' net profit fell by nearly a thi..
Rio Tinto has struck a deal with Guinea's government to push ahead with plans to develop a $US20 billion iron ore project. The government, Rio Tinto, Chinalco and World Bank-owned International Fin..
Suncorp boss Patrick Snowball has ruled out getting rid of the financial services group's troubled life insurance business despite it facing a $500 million writedown.Shares in Suncorp sank more than t..
A roundup of trading on major world markets: NEW YORK - Wall Street markets were closed on Monday for the Memorial Day public holiday. On Friday the Dow Jones Industrial Average was 63.19 points..
Stocks to watch on the Australian stock exchange on Tuesday, May 27: SAI - SAI GLOBAL LTD - up 73 cents, or 17.06 per cent, at $5.01 Private equity group Pacific Equity Partners has launched a $..
The Australian share market has pushed back above the 5,500 mark amid a quiet trading session that was buoyed by last week's gains on overseas markets. The market has been flirting with the 5,500 b..
The Australian economy is in for a bumpy ride, with business investment expected to fall in the coming financial year.Mining investment, the main driver for the economy in recent years, is falling and..
Gold production in Western Australia's goldfields region has got off to a weak start for the year, with wet weather wreaking havoc at several mines. Output dropped seven per cent to 68 tonnes betwe..
After a horrible 2013 marked by controversy and plunging earnings, Australia's Newcrest Mining allowed itself to have a good day last week. A grateful NSW Premier Mike Baird thanked the company for..
The Australian share market is higher after positive leads from Wall St last week, but the opening gains have slowed. Investors appear unwilling to push the market beyond the 5,550 mark, Invast chi..
The Australia and New Zealand Banking Group (ANZ) has been awarded a subsidiary banking licence in Thailand with the rights to open up to 20 branches, media reports say. The new licence upgrades th..
The Australian dollar has drifted lower against a stronger greenback amid an improving US economic outlook. At 0700 AEST on Monday, the local currency was trading at 92.36 US cents, down from 92.41..
The Australian share market has closed slightly higher as investors bide their time ahead of developments in the US and Europe. IG market analyst Evan Lucas said investors were waiting for the rele..
