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House prices in Western Australia's booming Pilbara region are continuing to outpace major capital cities, with recent sales fetching $300,000 more than the Sydney median. Sixty properties in the i..
Shares in Australia's largest diversified media business Seven West Media have lost almost a quarter of their value in response to its surprise earnings downgrade. And the fall in Seven West's shar..
OZ Minerals lifted its production of gold and copper in the first three months of the year but costs were higher because of heavy rains. Oz Minerals produced 27,182 tonnes of copper from its Promin..
The West Australian government will support QR National and Atlas Iron's bid for a common rail line in the Pilbara, but says it won't put any money towards it. WA Premier Colin Barnett told reporte..
Australia's commercial property sector continued to move downwards in the first three months of the year, a survey shows. National Australia Bank's (NAB) quarterly Australian commercial property in..
Leighton Holdings' Middle East operation is part of a joint venture awarded a $US169 million ($A163.57 million) contract for work on a mine in Saudi Arabia. Dragados Gulf Construction Company and H..
A roundup of trading on major world markets: NEW YORK - Blockbuster profits from Apple and a solid showing by Boeing have pumped up US markets, with a late boost coming from a slightly improved gro..
Already at 40-month lows, shares in Australia's biggest goldminer Newcrest Mining plummeted further on Tuesday when it cut production forecasts. The company cut predictions for gold and copper prod..
Fruit and vegetable prices at Coles have rebounded after plunging in the third quarter due to a boost in supply and heavy discounting against the supermarket chain's arch rival, Woolworths. Wesfarm..
The Australian share market has closed slightly higher following lower than expected national inflation figures. At the close on Tuesday, the benchmark S&P/ASX200 index was up 8.0 points, or 0...
Thakral Holdings (THG) says a $400 million takeover offer from private equity group Brookfield undervalues the Australian property company. Canadian-based Brookfield said on April 19 that it propos..
The central bank has room to deliver at least two interest rate cuts in the next few months, following the release of weak inflation data, economists say. The consumer price index (CPI), rose 0.1 p..
Shares in takeover target Spotless have been placed in a trading halt amid speculation that Pacific Equity Partners (PEP) has made a revised offer for the catering and cleaning company. Spotless re..
Stocks to watch on the Australian stock exchange on Tuesday April 24 AGI - AINSWORTH GAME TECHNOLOGY LTD - steady at $1.565 Gaming machine supplier Ainsworth Game Technology is seeking to raise ..
US stocks have closed lower but off earlier steep losses as Wall Street focused on European political and economic uncertainty and some US earnings results missed expectations. The Dow Jones Indust..
Economists expect key inflation data on Tuesday to clear the path for an interest rate cut in May. The Australian Bureau of Statistics will publish the consumer price index (CPI) data for the March..
It's never been cheaper to fly, says Qantas boss Alan Joyce. Just one week's wage will get the average worker an airline ticket to London, the chief executive of the world's oldest continually oper..
The Australian share market closed slightly weaker as investors prepared for crucial inflation data that could pave the way for another interest rate cut. The benchmark S&P/ASX200 index closed ..
Australian bond future prices are higher after a fall in producer prices raised expectations of an interest rate cut in May. CMC Markets chief market strategist Michael McCarthy said bond prices ro..
Coles third quarter sales could fall short of arch rival Woolworths as shelf prices continue to fall, amid heavy discounting and food deflation, analysts say. Wesfarmers, the owner of Coles superma..
Gaming machine supplier Ainsworth Game Technology is seeking to raise about $44 million via the placement of 30 million new shares to institutional investors. The new shares have an offer price of ..
Flu drug developer Biota is moving to the United States, where it says investors will be more understanding of the biotech's value. Biota, which is probably best known as the developer of the flu d..
Industrial services company Spotless is still negotiating with its private equity suitor five months after a first bid was made, and there remains no guarantee a deal will be done. Pacific Equity P..
Struggling chemicals business Penrice Soda Holdings has forecast a full year loss amid weakening demand for the soda ash it produces. Penrice is coming off a $28 million first half net loss - $3.3 ..
A weak reading for inflation at the farm and factory gate has further heightened expectations that the central bank will cut interest rates in May. The producer price index (PPI) at the final stage..
