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Australia's third biggest credit union has transformed into the nation's sixth mutual bank two months after borrowers began stampeding to its doors for better mortgage deals. Teachers Credit Union ..
US stocks closed out their best quarter in years on Friday, with record point-gains in the period for the S&P 500 and the Dow blue-chips. After another positive week confirming the first quarte..
Austar shareholders have said yes to a proposed $2 billion takeover by pay TV rival Foxtel despite the competition watchdog having yet to give its approval. Votes cast at an Austar shareholders' me..
The Australian share market finished the first quarter of 2012 around seven per cent higher, with the broad All Ordinaries index closing a few points off its eight-month high. The local bourse gain..
Investors in property manager Goodman Group have voted overwhelmingly in favour of reducing the number of the group's securities. Securityholders also gave the nod on Friday to plans to add a new H..
Overseas holidays and business trips are about to get more expensive after Qantas Airways raised ticket prices and increased fuel surcharges for the second time in eight weeks. Qantas on Friday sai..
Gaming machine supplier Aristocrat Leisure says it faces economic uncertainty and fluctuating currency exchange rates but still expects business to get better. Aristocrat in 2012 expected continued..
Bunnings will spend $1.5 billion on opening new stores and creating thousands of jobs as it faces increased competition from new rival Masters. The Wesfarmers-owned hardware chain plans to build up..
BHP Billiton's head of iron ore Ian Ashby will stand down in July after 25 years with the resources giant. Mr Ashby will be replaced as iron ore president by BHP's energy coal president Jimmy Wilso..
Franklins supermarket owner Metcash is set to announce impairment charges that will impact on its net profit. The grocery wholesaler's shares entered a trading halt on Friday ahead of finalisation ..
Gambling firm Tabcorp says a legal victory by NSW authorities over Betfair and Sportsbet will ensure the viability of Australia's racing industry. The High Court on Friday ruled in favour of Racing..
US stocks have closed mixed on listless trade amid lacklustre new economic data a day ahead of the quarter's end. The Dow Jones Industrial Average closed up 19.61 points (0.15 per cent) at 13,145.8..
The Australian share market has closed slightly down following weak leads from the United States. The local market outperformed its regional counterparts, with strong performances from defensive st..
The big four banks are capable of cutting interest rates on loans in April while protecting their profits thanks to lower funding costs. "There is a case for a cut this time around, if anything," T..
Leighton Holdings' shares were pummelled on Thursday after the company highlighted more problems with its Brisbane Airport Link and Victorian water plant projects. The construction giant on Thursda..
Toll road operator Transurban says it is experiencing a difficult operating environment but still expects to meet its previous guidance on what it will pay securityholders over the course of the finan..
China's Minmetals Resources says its Dugald River zinc, lead and silver project in Queensland will cost up to $US1.25 billion ($A1.21 billion) to develop. The company bought $US1.38 billion ($A1.33..
The small rise in the number of job vacancies reported on Thursday is not enough to provide real hope that a solid pickup in jobs growth is under way. The flip side of that is that there is still a..
Rio Tinto may sell its specialty aluminas business after receiving an offer from private investment firm HIG. The terms of the binding offer were not disclosed, but Rio on Thursday said it would re..
Falling energy and commodity shares have pulled US markets lower amid growth concerns and talk of strategic oil stocks releases by Western powers. At the market close on Wednesday, the Dow Jones In..
Stocks to watch on the Australian stock exchange early on Thursday: AMC - AMCOR LTD - up 10 cents at $7.28 The competition watchdog has given its approval of packaging maker Amcor's $238 million..
The Australian share market rallied to a near five-month high after the central bank said global market sentiment had improved since late December. The benchmark S&P/ASX200 index was up 42.2 po..
Banks are desperate to keep lending despite a record number of Australians being "under water" on their mortgages and the Reserve Bank of Australia's (RBA) warning against chasing unrealistic profits...
Natural gas prices fell again Tuesday amid doubts that consumers, businesses or industry can put a significant dent in the huge surplus of the fuel in the US. Natural gas futures fell 1.8 cents to ..
The competition watchdog has given its approval of packaging maker Amcor's $238 million acquisition of Aperio Group. Aperio Group has 13 manufacturing facilities in Australia and New Zealand, and o..
