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Grocery wholesaler Metcash is still confident its $215 million purchase of Franklins supermarkets will increase annual sales by over $500 million, after completing the takeover deal.Metcash said the t..
ING Direct has joined the raft of mortgage providers cutting fixed-rate home loans.The online bank on Thursday said it had cut its three-year fixed-rate home loan to 6.29 per cent.It had also cut its ..
Australian shares closed almost one per cent lower, after making back some of the day's losses, with investors worried about a critical German vote on the EU's rescue fund.The local bourse opened more..
Traders are closing out positions on copper stocks ahead of fresh manufacturing data from China amid fears the Asian superpower faces an economic slow-down.Ivanhoe Mines fell 11 cents, or 9.4 per cent..
The recovery of Western Australia's nickel sector will be highlighted later this year when production resumes at the Ravensthorpe mine, mothballed more than two years ago by BHP Billiton. The nicke..
National Australia Bank (NAB) insists it remains focused on growing its UK business after Moody's downgraded the ratings on NAB's Clydesdale Bank due to speculation it would be sold off.Moody's downgr..
The number of job vacancies in Australia rose 3.2 per cent in the three months to August, official statistics show.The total number of vacancies in August 2011 was 187,100, in seasonally adjusted term..
The eyes of nervous governments, traders and financiers worldwide will be on Germany's parliament as politicians there vote on whether to increase a fund to pull Greece, and possibly Europe, back from..
A roundup of trading on major world markets: NEW YORK - US stocks closed sharply lower after an early rise Wednesday as worries persisted over whether the eurozone would come up with an effective a..
Stocks to watch on the Australian stock exchange on Thursday:APN - APN NEWS & MEDIA LTD - down three cents, or 3.33 per cent, at 87 centsAPN News & Media has re-affirmed earnings guidance for the seco..
Qantas says the newly approved partnership with American Airlines (AA) is a key plank in turning around the airline's loss-making international operations.The competition regulator has given the green..
The Australian sharemarket rose almost one per cent in the second day of gains, as markets recovered from last week's massive losses on hopes of a solution to Europe's debt crisis. However, the mar..
Agricultural chemicals supplier Nufarm says it is well placed to grow operating profit this year as it diversifies its product range away from the weedkiller glyphosate.Nufarm also said that the gener..
More Australians are failing to meet their mortgage repayments, new research shows. Investment services firm Moody's said the rate of mortgage holders failing to meet their repayments rose from 1.3..
The competition watchdog has cleared UK-based beverage giant SABMiller to buy local brewer Foster's Group for $10.7 billion, saying the takeover won't lessen competition for the supply of beer.Foster'..
Western Australia's major coal mines will be in foreign hands if regulators approve the planned sale of Wesfarmers' Premier operation to a Chinese miner for $296.8 million. The diversified conglome..
House prices fell for a second consecutive quarter and are expected to continue to decline as housing affordability becomes more of a factor for buyers.The National Australia Bank Property Index fell ..
APN News & Media has re-affirmed earnings guidance for the second half of calendar 2011 amid what it says are some encouraging signs in the advertising market. The diversified media house says ..
Credit Union Australia (CUA) has appointed BankWest senior manager Tony Taylor as its new chief financial officer (CFO). Mr Taylor brings a wealth of experience in retail financial services in Aust..
The Australian dollar rose following a second straight day of gains across global equity markets on expectations of an imminent solution to Europe's debt crisis.HiFX senior trader Stuart Ive said risk..
Stocks to watch on the Australian stock exchange on Wednesday:AIZ - AIR NEW ZEALAND LTD - steady at 87 centsAuckland, New Zealand - Air New Zealand Ltd annual generalANZ - AUSTRALIAN AND NEW ZEALAND ..
Australian shares rose more than three per cent, led by the banks and miners that brought it down on Monday.Stocks rebounded from their two-year low at the open after European and US markets rallied o..
Westpac Banking Corporation has cut the interest rates on several fixed rate home loan products.Westpac cut the three-year fixed rate on its Premier Advantage package by 15 basis points to 6.44 per ce..
Laboratory operator Campbell Brothers Ltd has increased its first half profit forecasts due to better than expected trading. The company now expects an underlying net profit of $100 million for the..
Commonwealth Bank has been rated the worst of the major home lenders, while the industry's smaller players remain the people's favourites.Commonwealth's home loans rating fell to 5.9 points, out of 10..
