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Brickworks has defended its four-decade-long cross-shareholding with Washington H Soul Pattison, but insists it has not shut the door on ending the arrangement. Brickworks lead independent director..
CSL shares have risen above the $50-mark for the first time after the blood products and vaccine supplier lifted its full-year profit guidance. CSL now expects its profit after tax in the 2012/13 f..
Australia could face a recession within two years unless interest rates and the Australian dollar drop sharply, a prominent international economist warns. Saxo Bank chief economist Steen Jakobsen w..
Gerry Harvey says he's just a passive investor in Qantas, despite reports he and wife Katie Paige are part of a group pushing for strategic change at the airline. It has been reported that Mr Harve..
Agricultural chemicals supplier Nufarm's payment to settle a class action mounted by some of its shareholders has been increased to $46.6 million. Nufarm in August said it expected to pay $43.5 mil..
Greece has won big breathing space with long-frozen eurozone loans to restart from December and a first clear admission that a chunk of the country's debt burden will need to be written off down the l..
Gaming firm Tatts has paid $427 million to run South Australia's lottery services for the next 40 years, a deal opposition groups say has short-changed taxpayers. South Australian Treasurer Jack Sn..
Stocks to watch on the Australian stock exchange on Tuesday November 27 BEN - BENDIGO AND ADELAIDE BANK LTD - up eight cents at $7.90 Bendigo and Adelaide Bank is buying the majority of assets o..
Strong gains by Apple, Facebook and other key tech stocks have sent the Nasdaq to a higher close while the Dow and S&P 500 sagged. The US markets were generally feeble on Monday, the first sess..
The Australian share market has closed slightly higher as investors await more movement on addressing Greece's debt and the so-called fiscal cliff in the United States. On Monday, the benchmark S&a..
Retirement funder Challenger has reiterated its full-year financial targets and says the performance of its investments has improved. Chief executive Brian Benari told Challenger's annual general m..
The Australian resources sector is well placed for the future although it could be held back because of higher costs and a lack of competitiveness, industry chiefs say. The national heads of Chevro..
Australia's big banks have actually helped competition in the mortgage market by refusing to pass on rate cuts in full, a new report says. But the housing market and lending growth are still expect..
Failed timber company Gunns owes staff more than $9 million in entitlements, a report from receivers and managers KordaMentha showed. The report showed Gunns owed its staff $6.6 million in holiday ..
Demand for residential land is likely to be mixed over the next year, according to industry analyst and economic forecaster BIS Shrapnel. In its latest report of its Outlook for Residential Land, w..
Bendigo and Adelaide Bank is buying the majority of assets of regional financial company Southern Finance Group for $290 million. Bendigo has entered into a non-binding heads of agreement to acquir..
Companies that are good at boosting labour productivity are likely to boost their profit margins while those that are not could see their profit margins fall. That's the conclusion of global manage..
The eurozone is very close to an agreement on Greek debt, French Finance Minister Pierre Moscovici said on the eve of key talks between the currency bloc's finance ministers. "I think that, in effe..
Stocks to watch on the Australian stock exchange on Monday, November 26: AVJ - AVJENNINGS LTD - steady at 30 cents Residential property and housing developer AVJennings will put more new homes o..
US stocks rallied on Friday on signs that the holiday shopping season was off to a good start, with Walmart calling it the "best ever" Black Friday. Stocks built on strong opening gains. The Dow Jo..
Australian stocks finished flat due to a lack of local and offshore leads. At the close on Friday, the benchmark S&P/ASX200 index was 0.1 points lower at 4,413.0, while the broader All Ordinari..
Poor customer service, a lack of handtowels in bathrooms and a shortage of fashions for ladies over 55 have raised the hackles of David Jones shareholders. Earnings may have tumbled at the troubled..
Australia needs to shed its complacency about the economy and address issues such as the slide in productivity, says ANZ chief executive Mike Smith. Mr Smith said on Friday that although the June N..
Engineering group Monadelphous says it has secured an $80 million contract to provide maintenance services to Queensland Curtis LNG at its new gas plant. The contract covers maintenance and shutdow..
Oil and gas producer Beach Energy says its Cooper Basin operations are going well as it boosts staffing levels and ramps up its $400 million growth phase. The Adelaide-based company expects to prov..
