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The Australian share market has closed higher in the wake of a positive lead from US markets, but investor focus is set to shift more towards the domestic company reporting season. CMC Markets chie..
Australia's consumer watchdog says it would investigate the impact of a potential tie-up of David Jones and Myer on competition if the department store chains decided to pursue a merger. The Austra..
The US job creation engine sputtered for the second straight month in January, raising fresh questions about the economy's momentum. The Labor Department reported Friday that the economy pumped out..
Australian stocks are making gains with most sectors ahead. The Australian share market is following a positive lead from Wall Street, where the major indices shrugged off disappointing jobs number..
Regional Express has called on the federal government to prevent the collapse of more regional airlines after flagging a steep fall in first half profit. Shares in the nation's largest independent ..
Insurance comparison website iSelect says it will take a hit to its earnings following a new deal with lower commission rates from a car insurance supplier. However, iSelect says it believes the ch..
Westpac deputy chairman John Curtis will retire from the board in April. Chairman Lindsay Maxsted says Mr Curtis' business acumen and financial services knowledge has been invaluable during the pas..
Australian stocks have opened higher following a positive lead from Wall Street on Friday. The local market has started the day strongly, with both the S&P/ASX200 and the All Ordinaries pushing..
The Australian dollar hit a new four-week high after the US posted a solid fall in its unemployment rate. At 0700 AEDT on Monday, the local unit was trading at 89.55 US cents, up from 89.44 cents o..
US stocks have surged despite a labour report that said the US economy added far fewer jobs than expected in January. The Dow Jones Industrial Average shot up 165.55 points (1.06 per cent) to 15,79..
The Australian sharemarket has closed higher after the central bank lifted its forecasts for economic growth. On Friday the Reserve Bank of Australia revised its economic growth forecast for the ye..
The Reserve Bank of Australia is satisfied that inflation in on track and will be consistent with its two to three per cent target over the coming few years. But it is puzzled by the pickup in the ..
Transport and logistics group Toll Holdings has won a $90 million, 10-year contract to build and operate a new logistics base gor global oil and gas producer INPEX. Toll will design, construct and ..
The sharemarket remains in positive territory, as the central bank increased its forecasts for economic growth. The market was up by about one-third of a per cent in early afternoon trade, continui..
Australian stocks have opened higher following strong gains on international markets overnight. The local market is around half a per cent higher at 1030 AEDT, following a more than one per cent ri..
US stocks have surged amid optimism that the January jobs market report out on Friday will point to firm economic growth. The Dow Jones Industrial Average gained 188.30 points (1.22 per cent) at 15..
Oil and gas producer Woodside Petroleum plans to take a smaller stake in the Leviathan joint venture gas project as it awaits certainty around Israeli tax policy. Woodside has seven weeks to finali..
Shares in Aurora Oil and Gas have soared by more than 56 per cent after Canadian oil company Baytex Energy launched an aggressive $1.8 billion takeover bid. Baytex has made a cash offer to acquire ..
Rupert Murdoch's newspaper business News Corporation has produced a third consecutive profit since being split from the group's more profitable TV and film assets. The so-called "new" News Corporat..
Australian business confidence has lifted to its highest level in more than two and a half years. And, business conditions during the three months to December were at their strongest in more than 1..
The share market has bounced back after three straight days of losses, rising by more than one per cent as international investors were encouraged by a rising Australian dollar. The strong performa..
The Australian sharemarket has bounced back strongly after three days of solid losses, despite mostly negative leads out of the US overnight. US stocks ended lower on weaker-than-expected private s..
Virgin Australia has gone further into the red, making a $49 million loss for the first half of the financial year. The downbeat guidance comes months after the airline reported a $98 million loss ..
Australia's trade balance returned to surplus in the final two months of 2013, helped by a strong rise in mining and agriculture exports. Australia's trade surplus was $468 million in December, fol..
Australia has posted its eighth consecutive rise in retail spending, and economists expect the sector to keep strengthening to pre-global financial crisis levels. Retail trade rose 0.5 per cent in ..
