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The Australian economy has returned to growth in the June quarter after suffering a downturn in the previous quarter because of the floods and cyclones over the summer, official figures show.Gross dom..
Australian construction activity has fallen to its lowest level in almost two and a half years, largely due to a lack of new work and tender opportunities, a report shows.The Australian Industry Group..
A summary of trading in key commodities markets overseas:ENERGYOil prices were mixed Tuesday amid rising worries that the United States and Europe could return to recession, hitting global energy dema..
STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE ON WEDNESDAY, SEPTEMBER 7AWE - AWE LTD - down 4.5 cents at $1.06Oil and gas producer AWE says it has several regulatory hurdles to clear before getting..
The head of the central bank says a steady hand on interest rates will be maintained until the effect of overseas events on global economic growth is better understood.Reserve Bank of Australia govern..
The Australian share market ended a third straight trading session in the red after extending earlier losses in the day on fresh concerns about European sovereign debt.At 1615 AEST the benchmark S&P/A..
The Reserve Bank of Australia (RBA) left the cash rate steady at 4.75 per cent at its regular monthly board meeting on Tuesday.The decision was expected, with all 12 economists surveyed last week by A..
The current account deficit narrowed in the June quarter as record commodity prices offset an unexpectedly slow recovery in the volume of mining exports.The seasonally adjusted current account deficit..
The sluggish housing sector may have turned a corner, after housing finance figures for July showed tentative signs of improvement, economists say.They also say that stronger economic growth, low unem..
Data released on Tuesday poured cold water on expectations Wednesday's national accounts will reveal a big bounce in economic activity in the june quarter. In short, the seasonally adjusted real-te..
Australian investors are seeking more direction from superannuation funds on where to put their money amid continuing volatility in financial markets and weak investment returns.A survey of more than ..
Amid growing dissent among her own supporters, German Chancellor Angela Merkel on Monday rejected calls for Greece to be expelled from the eurozone, saying such a course was neither feasible nor legal..
STOCKS TO WATCH ON THE AUSTRALIAN STOCK EXCHANGE ON TUESDAY, SEPTEMBER 6AQA - AQUILA RESOURCES LTD - down 31 cents at $5.75Aquila Resources will spend $368 million on its Washpool coking coal project ..
A roundup of trading on major world markets: NEW YORK - Wall Street was closed for the US Labor Day public holiday. LONDON - European stocks tumbled about four per cent on Monday, with bank stoc..
Banks have criticised the prudential regulator's timing for introducing new Basel III capital reforms in Australia but analysts say the proposed reforms and timeframes are less onerous than expected.A..
The Australian share market closed weaker, extending losses from early trade as disappointing US jobs data continued to take its toll on stocks. At 1615 AEST the benchmark S&P/ASX200 index was ..
The Macarthur Coal board has told shareholders to accept a takeover bid by ArcelorMittal and Peabody Energy (PEAMCoal) but says a better alternative bid might still emerge. Macarthur released its t..
A rebound in company profits suggests Australia's economy will post a return to growth in the June quarter when national accounts are released on Wednesday.Company profits posted their first rise in a..
The Australian economy is expected to have returned to growth in the June quarter after a contraction in the previous three months because of natural disasters over the summer.The Australian Bureau of..
Activity in the Australian services sector expanded in August for the first time in four months, despite continuing softness in household spending.Service sector activity has contracted in nine out of..
Job advertisements have dropped for the second month in a row suggesting Australia's economy was going through a soft patch, a survey shows. Total job advertisements on the internet and in major me..
A summary of trading in key commodities markets overseas:ENERGYWorld oil prices slumped on Friday after the United States reported that job creation ground to a halt in August, a stark sign of trouble..
A roundup of trading on major world markets: NEW YORK - A dismal jobs report has caused stocks to plunge in the US. The Dow Jones industrial average dropped 253 points, or 2.2 per cent, wiping o..
Stocks to watch on the Australian stock exchange at the close on Monday:BHP - BHP BILLITON LTD - down 83 cents, or 2.1 per cent, at $39.04The Queensland government will require miner BMA to have 80 pe..
QR National has taken advantage of booming global demand for Australian coal by striking a deal with eight mining companies to build a $900 million rail line to a new export terminal in Queensland.The..
