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Australia's unemployment rate is expected to continue to grind higher, possibly peaking at around six per cent in 2013. AAP's survey of 14 economists on Tuesday revealed a median forecast for the u..
The Reserve Bank of Australia's latest interest rate cut will provide a boost for housing construction - but it may not be enough to lift the struggling sector to where it needs to be. Westpac seni..
The central bank has given Australians an early Christmas present, but there are no signs there will be more interest rate cuts in early 2013. The Reserve Bank of Australia (RBA) on Tuesday cut the..
Stockland has lowered its profit guidance but says it's banking on a recovery in the property market to boost earnings. However, it can't say when there will be a turnaround in the property market...
Graincorp is likely to reject US food processing giant Archer Daniels Midland Company's (ADM) second takeover bid, a market analyst says. The new offer of $2.78 billion is marginally higher than th..
Statement by Glenn Stevens, RBA governor: Monetary Policy Decision At its meeting today, the Board decided to reduce the cash rate by 25 basis points to 3.0 per cent, effective 5 December 2012. ..
Stocks to watch on the Australian stock exchange today December 4 CWN - CROWN LTD - up six cents at $10.31 Crown has received government permission for an additional 500 gaming machines its new ..
US stock markets started December in the red on Monday after poor data on the manufacturing sector added to worries about the year-end onslaught of federal tax increases and spending cuts. The Dow ..
The Australian share market finished half a per cent higher as investors were buoyed by encouraging data about Chinese manufacturing and expectations of an interest rate cut by the local central bank...
Singapore Airlines says it's in talks to sell its 49 per cent stake in Virgin Atlantic. The airline said in a statement it's in discussions with "interested parties" about a sale. A person with ..
Woodside Petroleum says security risks surrounding the company's decision to pursue onshore gas processing in Israel are manageable. Woodside on Monday announced it had struck a $US696 million ($A6..
A December interest rate cut is looking more likely after official figures showed retail spending remained flat in October. Figures released by the Australian Bureau of Statistics on Monday showed ..
Australian job advertisements have fallen for an eighth consecutive month, with falls in the mining states reflecting weaker activity in the resources sector. The ANZ Job Ads survey, released on Mo..
A rise in consumer prices could hold the central bank back from cutting interest rates in December. The TD Securities-Melbourne Institute monthly inflation gauge, released on Monday, fell 0.1 per c..
Australia's manufacturing sector has contracted for the ninth month in a row, with weakness in both production and new orders. The Australian Industry (Ai) Group performance of manufacturing index ..
The mining sector's labour productivity is a disaster that will block much future job growth in the industry, says a new report. Pressure from lower commodity prices, high and rising costs and the ..
Stocks to watch on the Australian stock exchange on Monday December 3 AQA - AQUILA RESOURCES LTD - down eight cents at $2.32 Shares in Aquila Resources fell more than three per cent on Friday af..
Australia's farmers are more pessimistic than optimistic about 2013 with dry weather and poor commodity prices biting, a key survey has found. Spring was too dry, particularly in the key grain prod..
US stocks took a jump in the last 15 minutes of trade on Friday to end mostly in the black, with little hard news to direct trade as talks in Washington over a fix to the fiscal cliff continued. Af..
