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The unemployment rate stayed at a decade high of six per cent in February, but there are plenty of signs of improvement in the jobs market. The number of people with jobs rose by 47,300 in the mont..
The flow of cash into the housing market has slowed for the second month in a row. But, at $26.864 billion, the value of housing loan approvals in January was still 22 per cent higher than January ..
Housing finance failed to grow for a second straight month in January, but economists are encouraged by a rise in the number of loans approved for construction of new homes.The number of home loans ap..
Massive job cuts by Qantas and car manufacturers shutting up shop have helped pushed consumer confidence to its lowest level in 10 months. The Westpac/Melbourne Institute index of consumer sentimen..
US stocks have finished lower as the market retreated from last week's records and waited for news that might support further gains. The Dow Jones Industrial Average fell by 67.43 (0.41 per cent) o..
Mining giant BHP Billiton says it's in good shape to weather steep iron price falls, despite predictions of more pain to come. Analysts have forecast more falls as the iron ore price fell to $US105..
Credit Union Australia has recorded an 18 per cent decline in its first half profit and expects subdued growth over the next six months. CUA made a net profit of $27.9 million for the six months to..
Global miner BHP Billiton says it's in a good position to weather steep iron price falls, despite predictions of more pain to come. Analysts have forecast more falls as the iron ore price reached $..
Shares in rare earths miner Lynas have tumbled after its half year loss widened. Rare earth minerals are used in a range of hi-tech products, including telescopes, X-ray and MRI scanning devices. ..
Shipbuilder Austal has received funding to build two more vessels for the US Navy, taking the value of its current order book to record levels. The company has received funds to build vessels seven..
Recent improvements in business conditions seem to have hit a snag as a lack of employment growth weighs on consumer confidence. February's National Australia Bank (NAB) business survey shows its b..
US stocks have slipped as weak economic data from China and Japan raised questions about the growth outlook in Asia. The Dow Jones Industrial Average fell 34.04 (0.21 per cent) to 16,418.68. The..
Origin Energy chairman and former beverages executive Gordon Cairns is the new chairman of retailer David Jones. His appointment follows the resignation of current chairman Peter Mason, and two oth..
Steep falls among Australia's biggest miners have pushed the sharemarket lower after weak Chinese trade data lead to a fall in commodity prices. Chinese import and export figures released on Saturd..
Jobs growth in February is expected to have bounced back after a weak result in January, but not enough to bring down the unemployment rate. Official labour force figures to be released on Thursday..
A Queensland coal seam gas operator has received a $160 million takeover offer from a Chinese firm. WestSide Corporation operates the Meridian SeamGas CSG fields west of Gladstone in Queensland, an..
Japan's economic growth in the last quarter of 2013 was weaker than previously thought, revised data shows, underscoring concerns about the pace of recovery. The fresh figures will turn the focus t..
Leighton holdings shares have surged more than 11 per cent as Germany's Hochtief moved to boost its stake in the company and take control of the board. Investors pushed Leighton to a one year high ..
Ship builder Austal has won a $US125 million ($A138.71 million) contract to build two vessels for an unidentified naval customer in the Middle East. Austal will build two 72-metre high-speed suppor..
The Australian market looks set to open lower after Wall Street finished mixed as a better-than-expected US jobs report helped offset anxiety over Ukraine that sent European equities lower. At 0645..
Wall Street stocks have finished mixed as a better-than-expected US jobs report helped offset anxiety over Ukraine that sent European equities lower. At the closing bell, the Dow Jones Industrial A..
As always, it's what the Reserve Bank of Australia doesn't know that's important for the interest rate outlook. When he fronted a parliamentary committee on Friday, RBA governor Glenn Stevens reite..
The share market has ended the week with a slight gain as investors remained unfazed by Russia's incursion into Ukraine and drew comfort from local economic data. "The Ukraine situation that has be..
Reserve Bank governor Glenn Stevens has warned Australia faces fiscal problems in the medium term because social programs have not been fully funded. Mr Stevens on Friday told federal politicians o..
Westpac chief financial officer Phil Coffey has been promoted to the role of chief executive Gail Kelly's deputy. In the newly created position, Mr Coffey will work directly with Mrs Kelly on "crit..
