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The ageing baby boomer generation is reducing participation in the labour market, but excessive focus on this by over-zealous policymakers could put economic growth at risk.The Reserve Bank of Austral..
Construction giant Leighton has seen more detail of a claims being made in a class action related to allegations of corruption in the company, and says it will vigorously defend the action.Melbourne s..
The main website that arranges home delivery for restaurants in the Netherlands is now accepting payment in bitcoins, an increasingly popular form of digital currency. Around 5,000 Dutch restaurant..
Financial services and insurance firm AMP is seeking to raise $200 million from investors through new securities - only weeks after flagging a profit downgrade. AMP is issuing unsecured and subordi..
Australia's trade deficit shrank for the second month in a row and is expected to move to surplus in 2014 as mining exports rise.Australia's trade deficit narrowed to $284 million in September, from $..
Engineering and maintenance firm Downer EDI says it will take some time for its rail business to adjust to the slowdown in the mining sector.The company on Wednesday also said it still expects to deli..
Commonwealth Bank is on track for an annual profit in excess of $8 billion after lifting its earnings 14 per cent in the first three months of the financial year.Australia's largest home lender record..
US stocks have ended mostly lower as analysts pointed to the need for markets to absorb recent gains after a number of records in the past couple of weeks.The Dow Jones Industrial Average on Tuesday f..
Australian shares have delivered a strong finish on Melbourne Cup day, with the big miners leading the way.The Reserve Bank's decision to leave the cash rate unchanged in November had little impact on..
One of Australia's largest drilling companies Ausdrill is reviewing its full year financial outlook as it encounters weaker than expected market conditions. Shares in Ausdrill were halted from trad..
Australian shares are firmer as buoyant global equity markets boost resource stocks and investors rediscover their love of banks. The resource giants BHP Billiton and Rio Tinto are outperforming th..
Treasury Wine Estates' (TWE) shareholders have begun legal action against the global winemaker and distributor for allegedly breaching disclosure obligations over writedowns. The class action is be..
Australia's jobless rate is expected to drift higher, despite the recent pickup in economic data and improvement in consumer and business confidence. The unemployment rate is forecast to rise to 5...
Twitter has boosted its public stock offering to as much as $US2 billion, suggesting strong demand for its shares and a higher overall value for the one-to-many messaging platform. The regulatory f..
The Australian stock market has opened higher following a solid lead from the US and ahead of the Reserve Bank of Australia's monthly interest rate decision. RBS Morgans senior private client advis..
Telco giant Telstra plans to float a Chinese website billed as the world's most visited car classifieds site on the New York Stock Exchange.Autohome, which was set up in June 2005, attracts 80 million..
The services sector is moving slightly closer to growth but weak consumer demand is dampening progress, despite the fact that Christmas is around the corner.The Australian Industry Group Australian Pe..
US stocks have ended a quiet day higher as investors look ahead to important economic reports later in the week, including the monthly jobs report. The Dow Jones Industrial Average on Monday tacked..
The share market drifted lower as a record annual profit from Westpac and strong retail sales figures failed to provide impetus. "No one's really looking to buy today. There's a huge amount of even..
Armour Energy has become the first Australian company to flow gas from shale using the fracking technique that has revolutionised US energy markets. Armour announced it had successfully received co..
Forge Group halted trading in its shares on Monday over possible losses on two power station contracts. Forge said it was concerned about the possible poor performances of the Diamantina power stat..
Westpac will increase its focus on growth in 2014 as the bank looks to build on another record profit. Westpac made a cash profit of $7.1 billion for the 12 months to September 30, an increase of e..
Inflation is expected to remain benign to the end of the year, despite the falling Australian dollar, leaving the door open for a further rate cut. The TD Securities/Melbourne Institute Monthly Inf..
A modest improvement in hiring intentions has seen job ad numbers stabilise after falling for the past three years.Job ads fell 0.1 per cent in October, following a 0.2 per cent rise in September, and..
House prices are continuing to surge, especially in Sydney, as buyers take advantage of record low interest rates.In the year to September, the house price index rose 7.6 per cent, the Australian Bure..
