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Businesses' enthusiasm to invest has sunk to its lowest level in at least 15 years against the back drop of a high Australian dollar and soft growth in non-mining sectors of the economy. The Austra..
Engineering firm Downer EDI has clinched a $90 million contract for a NSW rail infrastructure project aimed at removing bottlenecks on a major freight corridor. The NSW government contract will see..
Former Treasury secretary Ken Henry has been appointed to the board of the Australian Securities Exchange (ASX). Dr Henry will join the ASX as a non-executive director on February 1, with sharehold..
Shares in National Australia Bank have tumbled after Spanish giant Santander had denied it was interested in buying its troubled UK banks. Investors had pushed NAB shares up on Monday after London'..
Household appliances and cleaning products supplier GUD Holdings says it is in a strong financial position although most of the sectors in which it trades remain highly competitive. GUD on Tuesday ..
Household appliances and cleaning products supplier GUD Holdings has booked a 21 per cent fall in first half net profit and says its well-known Sunbeam appliances brand is feeling pressure from stiff ..
The Australian market has opened slightly higher as investors await the outcome of a Bank of Japan policy meeting. At 1025 AEDT on Tuesday, the benchmark S&P/ASX200 index was up 7.7 points, or ..
Shares in Macmahon Holdings received a much-needed boost on news it had won its biggest-ever mining services contract with Fortescue Metals Group. Macmahon sealed a $1.8 billion contract to supply ..
The Australian share market has closed slightly higher following a firm finish by United States markets on Friday. On Monday, the benchmark S&P/ASX200 index was up 6.3 points, or 0.13 per cent,..
Troubled manufacturer Hills Holdings is selling its healthcare equipment business. Hills is selling the Perth-based business for an undisclosed amount to K Care Pty Ltd, which is owned by a managem..
Nine Entertainment creditors have approved a $3.4 billion recapitalisation plan aimed at stopping the media company going into administration. A source said lenders voted overwhelmingly in favour o..
Engineering firm WorleyParsons has won a three-year contract to provide support services at the new Basrah Gas Company (BGC) in Iraq. BGC, a joint venture between Shell, Mitsubishi and the state-ru..
National Australia Bank may be able to finally offload its troubled British banking division amid speculation that Spanish giant Santander is considering making a STG2 billion ($A3.04 billion) offer. ..
The Australian market has opened flat as investors gave a lukewarm response to US Congressional Republicans agreeing to temporarily raise the debt ceiling. At 1015 AEDT on Monday, the benchmark S&a..
The Australian market is expected to get off to a slightly positive start on Monday with inflation figures the focus of a fairly quiet week. CommSec economist Craig James said on Sunday he expected..
Hundreds of jobs are under threat at global insurer QBE as it prepares to finalise a massive cost cutting plan. The insurance giant is reportedly considering axing 700 jobs from its Australian work..
Australia's major airports experienced substantial growth in 2012, with a record number of passengers passing through Sydney Airport. Sydney Airport served a record 36.9 million passengers in 2012,..
The Australian market has closed higher propelled by climbing Rio Tinto shares after its chief Tom Albanese resigned in the wake of the miner's $US14 billion worth of write downs. At the close on F..
Australian bond futures prices have sold off sharply, reversing the rally that followed the release weaker domestic jobs figures on Thursday. At 1630 AEDT on Friday, the March 10-year bond futures ..
Stocks to watch on the Australian stock exchange at the close of trade on Friday: PSH - PENRICE SODA HOLDINGS LTD - up two cents, or 16 per cent, at 14.5 cents Chemicals company Penrice is to st..
The Australian market has hit a fresh 20-month high as the resignation of Rio Tinto's chief executive boosted the resources giant's stocks. At 1200 AEDT on Friday, the benchmark S&P/ASX200 inde..
Eds: reissuing to fix day ref in par 2 SYDNEY, Jan 18 AAP - The Australian market is higher as news of Rio Tinto chief Tom Albanese's resignation drives up mining stocks. At 1028 AEDT on Friday,..
Mining bosses have been put on notice to stop using shareholder funds for ego-driven growth after Rio Tinto made $US14 billion in writedowns, forcing chief executive Tom Albanese to step down.Rio stun..
US stocks have closed solidly higher after US data pointed to an improving employment and housing picture. In closing trade on Thursday, the Dow Jones Industrial Average rose 84.79 points (0.63 per..
Jetstar has reduced its order for the Boeing 787 Dreamliners but denies the move is related to recent troubles affecting Dreamliner fleets.The airline cut its order for 15 Boeing 787 Dreamliners for i..
