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Economists are divided on whether borrowers will get a second interest rate cut in as many months on Tuesday. Seven of the 14 economists surveyed by AAP say the RBA will cut the cash rate to 4.25 p..
Australian shares rose 0.8 per cent, buoyed by hopes that European leaders may be able to thrash out a deal to salvage the region's debt crisis this week. Markets spent the day in positive territor..
Australia's largest international gateway is planning a major overhaul that has been welcomed as a potential boost for the tourism industry. Sydney Airport has proposed dividing its terminals by th..
The days when banks can slug credit card holders with late payment fees may be numbered thanks to a Federal Court ruling against ANZ Bank. In a ruling described as a "great leap for Australian cons..
Jobs advertised on the internet and in newspapers is on a slowing trend after the number remained the same in November compared to the previous month. The flatlining figure tied in with a slowing a..
Billionaire Nathan Tinkler's coal explorer Aston Resources and coal miner Whitehaven Coal have started talks about a potential merger that analysts say would create a powerful entity. By 1443 AEDT,..
Company profits are growing at a healthy clip but September quarter economic growth may be slightly weaker than previously expected because of a fall in business inventories. Company gross operatin..
Virgin Australia had a 5.7 per cent rise in passenger numbers in October, due to strong growth in domestic traffic. The airline said it carried 1.74 million passengers in October, up from 1.64 mill..
Stocks to watch on the Australian stock exchange on Monday: ANZ - ANZ BANKING GROUP LTD - up 38 cents at $20.88 CBA - COMMONWEALTH BANK OF AUSTRALIA - up 95 cents at $49.55 NAB - NATIONAL AUS..
A roundup of trading on major world markets: NEW YORK - Wall Street stock markets flat-lined on Friday as traders focused on the negatives in a mixed jobs report and worried about Europe's ability ..
Washington H Soul Pattinson and Company (WHSP) has endured a fiery annual general meeting at which it fended off a key institutional investor's push to have a board member elected. Fund manager Per..
Investors sprinted home in the last hour of trading to push an already positive week on the market into higher territory. After trading only about 0.3 of a percentage point above zero for much of F..
David Jones says there has been a heavy investment in Christmas advertising as the department store owner braces for a difficult festive trading season. Speaking to reporters after the retailer's a..
Shopping centre group Centro is looking to the future after surviving a legal challenge that threatened to end its long fight against massive debts incurred during the global financial crisis. The ..
Australia's big four banks have had their credit ratings downgraded by Standard & Poor's as the agency changes its criteria for assessing banks. But Fitch Ratings says the nation's banks are we..
Mining giant Rio Tinto will invest an additional $US2.7 billion ($A2.65 billion) modernising its aluminium smelter in British Columbia, Canada. The $US3.3 billion project will be completed in 2014...
Stocks to watch on the Australian stock exchange on Friday: BLY - BOART LONGYEAR LTD - up 30 cents at $3.27 Boart Longyear's shares rose sharply after it confirmed its profit guidance and said i..
A roundup of trading on major world markets: NEW YORK - A rally that pushed major stock indexes up more than seven per cent this week stalled on Thursday. Stocks wavered between slight gains and sl..
Australian shares have risen for a fourth consecutive day, posting strong gains after co-ordinated action from global central banks to lower borrowing costs sent global equity markets soaring. At t..
Industrial services company Spotless Group has received an increased takeover bid from private equity group Pacific Equity Partners (PEP). The revised bid includes an indicative price of $2.68 per ..
Boart Longyear's shares rose sharply after it confirmed its profit guidance and said it was surprised at how well it had absorbed the current economic turmoil.The drilling services and products provid..
Virgin Australia has gained approval from the competition regulator for its alliance with aviation powerhouse Singapore Airlines. The green light completes Virgin Australia chief executive John Bor..
Away from the booming mining regions, Australia's economy is still struggling, new figures show. Building approvals dropped 10.7 per cent in October while retail sales grew by just 0.2 per cent, ac..
Foster's shareholders have overwhelmingly approved the $10.48 billion takeover by Anglo-South African brewer SABMiller. At a meeting in Melbourne on Thursday, 99.1 per cent of shareholder votes cas..
Origin Energy has allocated $800 million of subordinated notes, the proceeds of which will be used to fund the company's share of the Australia Pacific LNG project, and other general purposes. The ..
