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Bank of Queensland (BoQ) is poised to post the first full year loss by an Australian bank in 20 years because of its exposure to the struggling south-east Queensland property market. The regional l..
ASX chairman Rick Holliday-Smith says the equity market operator has responded well to the arrival of competitor Chi-X, but notes a deterioration in the quality of the local market. Mr Holliday-Smi..
Village Roadshow has taken a majority stake in a $US32 million ($A31.39 million) Las Vegas water park currently under construction. Village Roadshow has taken a 51 per cent in the park, which will ..
Construction activity in Australia fell by its sharpest rate in 12 months during September, an industry study shows. The Australian Industry Group performance of construction index (PCI), released ..
Stocks to watch on the Australian stock exchange on Friday, October 5: ACN - ACER ENERGY LTD - up seven cents, or 36 per cent, at 26.5 cents DLS - DRILLSEARCH ENERGY LTD - down three cents, or t..
Australian stocks made gains for a sixth consecutive day as investors reacted to this week's interest rate cut by taking money out of bonds and into equities. At the close of trade on Thursday, the..
ANZ has given little hope to its mortgage customers that they will feel the full benefit of the Reserve Bank of Australia's (RBA) latest interest rate cut. The four major banks on Thursday largely ..
ANZ will plough up to $1.5 billion into improving branches and mobile banking products as it edges towards dumping PIN codes for futuristic facial and fingerprint scanning. However the move might n..
Building approvals and retail trade posted rises in August, but in both cases the gains made up less than half the ground lost by falls in July. Neither household spending nor building look to be g..
Australian superannuation funds have joined a global push to end Rupert Murdoch's dual role as chairman and chief executive of News Corporation. Industry fund First Super, which holds shares in the..
Retail Food Group (RFG) says it will raise $38 million through the issue of new shares for potential new acquisitions and to fund the purchase of the Crust pizza chain. RFG, which is behind brands ..
Qantas Airways is preparing for its proposed 10-year alliance with Emirates after dropping plans to seek interim authorisation from the competition regulator. While interim approval would have enab..
Stocks to watch on the Australian stock exchange on Thursday, October 4: ANZ - ANZ BANKING GROUP - up six cents at $25.05 CBA - COMMONWEALTH BANK - up down four cents at $56.00 NAB - NATIONAL..
The Australian share market has closed at its highest level in more than 14 months despite enduring a flat day of trading. At the close of trade on Wednesday, the benchmark S&P/ASX200 index was..
The world's largest drilling company Boart Longyear has shocked the market by sacking its chief executive in an attempt to tackle its plunging share price. American Craig Kipp's tenure at the Utah-..
New home sales hit a 15-year low in August, adding weight to the calls for the major banks to pass on the Reserve Bank of Australia's latest rate cut. New home sales dropped 5.3 per cent to 5,383 i..
Casino operator Echo Entertainment has appointed former Business Council of Australia (BCA) head Katie Lahey to its board. Ms Lahey's appointment as a non-executive director follows several major d..
Origin Energy has raised 500 million euros ($A634.68 million) through a bond issue to raise funds for the $23 billion Australia Pacific LNG (APLNG) project in Queensland. Australia's largest electr..
Weak export data confirms concerns about commodity prices and justifies the Reserve Bank of Australia's (RBA) latest interest rate cut, economists say. Official figures released on Wednesday showed..
Andrew "Twiggy" Forrest's Fortescue Metals is the most vulnerable iron ore miner in the world to lower commodities prices, Standard and Poor's Ratings Services (S&P) says. The credit agency war..
Stocks to watch on the Australian stock exchange on Wednesday, October 3: ANZ - ANZ BANKING GROUP - up 20 cents at $24.99 CBA - COMMONWEALTH BANK - up 19 cents at $56.04 NAB - NATIONAL AUSTRA..
US stocks have closed mixed after a day of bumpy trade, with the Nasdaq gaining ground while the Dow blue chips bowed to selling pressure. Hints that a rescue plan for Spain was imminent gave share..
The Australian share market finished one per cent higher as investors piled into equities after the Reserve Bank of Australia (RBA) cut the cash rate by a quarter of a percentage point. At the clos..
Australia's big four banks are facing mounting pressure to slash their interest rates after the central bank delivered its fifth cash rate cut in 12 months. The Reserve Bank of Australia (RBA) on T..
The Australian dollar fell by more than one third of a US cent after the central bank cut its interest rate by 0.25 per cent to 3.25 per cent at its October board meeting. The reduction takes the c..
