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Australia's popularity with international investors could come back to bite it by artificially inflating the value of the Australian dollar. Reserve Bank of Australia deputy governor Dr Philip Lowe..
Supermarket operator Coles says the retail landscape is getting more competitive as big overseas retailers move into the Australian market, but Coles won't be expanding internationally at this stage. ..
A higher volume of traffic on the CityLink toll road has helped boost Transurban's annual toll revenue by nearly six per cent to $943.9 million. Securities in toll roads operator Transurban closed ..
Official figures showing a rise in jobless numbers have further tipped the odds in favour of an interest rate cut next month. The Australian Bureau of Statistics on Thursday reported that the unemp..
Rio Tinto's chief financial officer and long-serving board member Guy Elliott will step down from his post at the end of 2013. Rio chairman Jan du Plessis said Mr Elliott, who joined the Anglo-Aust..
Stocks to watch on the Australian stock exchange early on Thursday, July 12: ASL - AUSDRILL LTD - down one cent at $3.35 Mining services firm Ausdrill has signed an agreement to buy earthmoving ..
US stock markets have ended lower, continuing the euro and data-inspired drop seen the day before as markets gave a muted response to the latest news from the Federal Reserve. The major indexes fel..
Struggling department store Myer is shedding 100 jobs in its latest attempt to shave costs during the toughest trading conditions in a quarter of a century. Chief executive Bernie Brookes blamed hi..
The Australian share market has closed relatively flat as investors await key economic data and commentary from the United States and more figures on China's economic growth. On Wednesday, the benc..
Troubled miner Energy Resources of Australia (ERA) has reported some good news, boosting quarterly production at its uranium mine in the Northern Territory. The majority Rio Tinto-owned company has..
The banking system was not transparent enough and had to be more tightly regulated in the wake of recent global scandals, says Reserve Bank of Australia's (RBA) deputy governor Philip Lowe. However..
Recent interest rate cuts have boosted consumer sentiment but pessimism about the state of the economy remains. The Westpac Melbourne Institute Index of Consumer Sentiment is up 3.7 per cent to 99...
Engineering and infrastructure firm Downer EDI has won a contract worth up to $800 million to provide mining services for private collier TEC Coal's Queensland mine. The five and a half year contra..
Traditional shopping centres will feel the squeeze over the next decade as shoppers demand more attractive experiences and increasingly move online, a property report shows. Property market forecas..
The number of home loans approved in May fell 1.2 per cent to 46,120, official figures show. That was from an upwardly revised 46,702 in April. Economists' forecasts were for housing finance com..
Economists are expecting Australia's unemployment rate to have risen slightly in June, while total employment growth remained flat, as the strong jobs growth of previous months grinds to a halt. In..
Stocks to watch on the Australian stock exchange on Wednesday, July 11 AWC - ALUMINA LTD - down five cents at 70.5 cents Australian company Alumina's joint venture partner Alcoa has kicked off t..
US stocks closed sharply lower Tuesday as investors digested a positive start to earnings season, a eurozone deal to help support Spain and its banks, and disappointing Chinese trade data. A slump ..
The Australian share market has closed lower after worse-than-expected figures for Chinese imports exacerbated concerns that the Chinese economy is weakening. On Tuesday, the benchmark S&P/ASX2..
Eurozone finance ministers have agreed to offer Spain 30 billion euros ($A36.41 billion) this month to help its distressed banks as they raced to battle market scepticism over efforts to tackle the de..
The takeover battle for energy infrastructure investor Hastings Diversified Utilities Fund (HDF) is intensifying, with Pipeline Partners Australia making a binding $1.23 billion takeover offer. Has..
Darrell Lea has been put up for sale in the hope that Australia's famous chocolate maker and its 700 workers can be saved. Administrators took control of the 85-year-old, family-run company on Tues..
Insurance Australia Group is working to make its $720 million investments in Asia profitable as it eyes a long-term presence in the rapidly growing region. Chief executive Mike Wilkins told investo..
Traditional shopping centres will feel the squeeze over the next decade as shoppers demand more attractive experiences and increasingly move online, a property report shows. Property market forecas..
Recent interest rate cuts have done little to stop the fall in in business confidence, a private survey shows. The National Australia Bank (NAB) Monthly Business Survey showed the business confiden..
