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The central bank has left room for another interest rate cut but only if global conditions worsen, economists say. The Reserve Bank of Australia (RBA) pointed to an improved global outlook as the m..
Stocks to watch on the Australian stock exchange early on Tuesday: AMC - AMCOR LTD - up 27 cents at $7.15 Packaging maker Amcor's first-half profit has fallen by nine per cent due to the strong ..
A roundup of trading on major world markets: NEW YORK - Wall Street markets were closed for the Presidents' Day public holiday. LONDON - Markets on Monday rose on hopes that Greece will finally ..
Billabong shares swelled by more than eight per cent amid speculation that a fresh takeover offer could trigger more bids for the troubled retailer. Billabong International received a second takeov..
BlueScope Steel has warned that the mining boom will not last forever and that struggling manufacturing companies will again be needed when it ends. BlueScope Steel chief executive Paul O'Malley on..
The Australian share market closed stronger after raft of positive earnings results and growing likelihood of euro zone finance ministers approving another bailout for Greece. The benchmark S&P..
Bendigo and Adelaide Bank boss Mike Hirst has defended the massive profits his industry makes, insisting they need to grow at least 12 per cent. Mr Hirst's comments on Monday echoed those of fellow..
Australia's biggest property developer Lend Lease expects the residential market to weaken further as consumers worry about the state of the local economy. The company on Monday said its net profit..
A record number of international travellers passed through Sydney Airport in January. International traffic in January hit a monthly record of 1.17 million passengers, up 2.3 per cent from the same..
Commonwealth Bank's new home loans have barely returned to profitability following its latest increase to standard variable interest rates, chief executive Ian Narev says. The bank on Monday lifted..
A roundup of trading on major world markets: NEW YORK - The Dow blue chips closed in the black Friday to end the week higher but the Nasdaq took a turn lower pulled down in part by a sharp fall in ..
Stocks to watch on the Australian stock exchange early on Monday, February 20 ANZ - ANZ BANKING GROUP LTD - up 35 cents at $21.55 ANZ Bank has hinted at further interest rate rises, despite its ..
The Australian share market finished stronger at a one-month high on the back of fresh investor optimism sparked by a robust Wall Street overnight. US stocks surged to their highest close of the ye..
Sims Metal Management says there are signs of a tentative recovery in the scrap metal recycling market but has not offered guidance for its full year after first half profit plunged into a loss. Si..
Oil and gas producer Santos has maintained its annual production guidance after delivering a big lift in profit, with four recently commissioned projects poised to drive output growth. Santos on Fr..
ANZ Bank has hinted at further interest rate rises, despite its stronger than expected $1.48 billion first quarter profit. Chief executive Mike Smith said the bank's margins would "continue to be s..
Surfwear retailer Billabong International has left the door open for takeover offers as it starts shedding 400 jobs, closing stores and offloading a chunk of its accessories business. Billabong sha..
Santos Ltd says its Crown gas prospect in Western Australia could turn out to be a large discovery and may be fed into major liquefied natural gas (LNG) projects in the area. The liquids-rich prosp..
Stocks to watch on the Australian stock exchange early on Friday: AAD - ARDENT LEISURE GROUP - up two cents at $1.075 Theme park operator Ardent Leisure has reported a statutory profit of $19.2 ..
Investors sent US stocks barrelling to their highest levels of the year Thursday, buoyed by slivers of encouraging news about jobs and housing. At least for a day, they overlooked the lack of clarity ..
The Australian share market was dragged lower by renewed concerns that Greece is heading towards default and a weak lead from Wall Street while lower commodity prices weighed on mining stocks. The ..
AMP chief executive Craig Dunn is adamant the wealth manager is on track for growth despite suffering an 11 per cent slump in full year profit. AMP on Thursday reported a fall in net profit to $688..
Investors have given the tick of approval to Qantas Airways' plans to reduce costs through staff cuts and deferring aircraft orders, sending the stock up to a near three-month high. While unions an..
Pallet supplier Brambles has downgraded its earnings expectations despite overcoming a tough trading period with a rise in first half profit. Brambles on Thursday reported a nine per cent rise in n..
The Queensland floods have not dampened the profit projections of grain handlers GrainCorp, which is on track to enjoy more record earnings this financial year. GrainCorp on Thursday announced full..
