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An independent analysis has concluded that Bega Cheese's takeover bid for Warrnambool Cheese and Butter is not fair or reasonable, but also shows rival bidder Saputo's offer is at the bottom of the va..
Rio Tinto has sold a rare Argyle diamond for a record $2 million as overseas buyers snapped up dozens of precious stones in this year's Pink Diamonds Tender. The tender of 64 pink, red and blue dia..
The proportion of first home buyers taking out loans fell to a nine year low in August. First home buyers made up 13.7 per cent of all home loans approved in August, down from 14.7 in July, figures..
Commonwealth Property Office Fund (CPA) has turned down a $2.3 billion takeover offer from office and industrial properties group Dexus. Dexus and the Canada Pension Plan Investment Board last week..
Home loan approvals have fallen for the first time this year, but economists expect the housing sector to strengthen in the months to come.The number of home loans approved in August fell 3.9 per cent..
Historically high levels of investor activity are keeping first home buyers out of the housing market, resulting in a fall in home loan approvals.The number of home loans approved in August fell 3.9 p..
OZ Minerals shares slumped more than nine per cent after it cut its copper production targets due to a continued slowdown in operations. Copper production for 2013 is now expected to be around 70,0..
The Australian share market has opened lower, as the US political impasse over the debt ceiling goes down to the wire. US politicians have until Friday (Australian time) to reach a deal to prevent ..
The chief executive of iSelect has quit after disagreement with the board, less than four months after the company floated on the Australian share market.Matt McCann, who had served as chief executive..
US stocks have rallied for a second straight session on rising optimism about a Washington deal to avert a debt default. The Dow Jones Industrial Average on Friday jumped 111.04 (0.73 per cent) to ..
The Australian share market has posted its largest one day gain in more than three months due to signs the US will avoid a debt default by raising its debt ceiling. Investors snapped up banking and..
The corporate watchdog has rejected criticism that it has been slow to investigate allegations of foreign bribery by big Australian companies. Australian Securities and Investments Commission (ASIC..
Fairfax Media will scrap the print edition of BRW Magazine from the end of November as it moves away from its traditional print-based mastheads and bolsters its online business. In an email to Fair..
ANZ's interest rates will be left unchanged for another month. The bank decided to leave its standard variable mortgage rate at 5.88 per cent at its latest rate review meeting, after the Reserve Ba..
Broadcasters Seven West Media and Prime Media have agreed to continue their affiliation for another six years. The companies have signed a deal securing a partnership across metropolitan and region..
Shares in financial group OzForex have soared by 30 per cent after listing on the Australian share market. The company began in 1998 as an Australian foreign exchange information website and has gr..
A third former Leighton executive has quit his current post because of an alleged connection to the construction giant's bribery scandal.Russell Waugh, the engineering chief at UGL, has mutually agree..
US stocks have surged on progress towards a potential deal in Washington to prevent a debt default, recovering a hefty portion of their losses since the partial government shutdown began. The Dow J..
Twitter has unveiled a partnership with Comcast and its NBCUniversal unit that allows television viewers to tune in to a show or change channels directly from a tweet. The deal, which could also be..
Commodity price falls have driven local stocks lower despite the release of positive jobs numbers. The local market remained weak on Thursday as continuing uncertainly in Washington caused commodit..
Toll roads operator Transurban says it has made good progress in its talks with the NSW government on a $2.65 billion tunnel proposal for Sydney's north. The proposed project would be a tolled moto..
Australian shares are weaker as continuing uncertainly in Washington causes commodity price falls, impacting local mining stocks. Gold, copper and oil prices fell as the lingering partial US govern..
Manpower recruited for the federal election and a fall in the number of people looking for work has seen the unemployment rate drop to a four-month low. The unemployment rate fell to 5.6 per cent i..
After a five-year delay, Jetstar's first next-generation Boeing 787 Dreamliner has arrived in Melbourne.Victorian Premier Denis Napthine was at Melbourne Airport with about 150 Jetstar staff to greet ..
Toll road owner Transurban's quarterly revenue has grown by 14 per cent, thanks in part to the end of upgrade work on Sydney's M2 Motorway.Statutory revenue for the September quarter was $222.6 millio..
