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Shares in OneSteel plummeted to a 10-year low after a poor outlook for the only profitable part of its business - its iron ore mines - prompted it to revise down its entire earnings guidance.OneSteel ..
Westpac has flagged further possible job cuts after unveiling a record profit of almost $7 billion that eclipsed those of its rivals. Australia's second biggest lender posted a 10 per cent jump in ..
Woolworths' new chief executive Grant O'Brien is planning an aggressive push to open 39 new supermarkets while reviewing the company's troubled Big W and Dick Smith stores.Australia's biggest supermar..
More than three-quarters of Australians won't have enough superannuation to last them throughout their retirement, a new report warns.The report, by financial services group Deloitte, also says that t..
Mirvac Group has reaffirmed its earnings forecast, saying it has a 97.8 per cent portfolio occupancy rate and had realised $127 million from its 2012 financial year asset sale program.In its 2012 firs..
National Australia Bank (NAB) has cut its standard variable home loan interest rate by less than its peers and the central bank.NAB said it would cut its standard variable rate (SVR) by 20 basis point..
The Federal Government has scrapped the age limit on receiving compulsory employer paid super as it tabled the Superannuation Guarantee Amandment Bill in parliament, which aims to increase compulsory ..
Labor's legislation on plain packaging of cigarettes is set to pass parliament next week, but tobacco products won't be sold in olive-brown packages until the end of 2012 - five months later than orig..
Stocks to watch on the Australian stock exchange at noon on Wednesday: ANZ - AUSTRALIA AND NEW ZEALAND BANKING GROUP LTD - down 53 cents, or 2.48 per cent, at $20.83 ANZ cuts its variable intere..
A roundup of trading on major world markets: NEW YORK - US stocks dived Tuesday after Greece unexpectedly called a referendum on its latest EU bailout program, sending global markets into a tailspi..
Australian stocks fell 1.5 per cent on Tuesday, as weakness among the nation's major miners dragged the broader market lower on weaker Chinese manufacturing data and concerns about Europe. There wa..
Australians are celebrating more than Dunaden's win in the Melbourne Cup today with the Reserve Bank of Australia answering the distress calls from businesses and consumers by cutting interest rates f..
Australian companies linked to struggling US brokerage MF Global Holdings have been placed in administration. Insolvency firm Deloitte had been appointed administrator to the MF Global group in Aus..
Wesfarmers has raised $500 million through the issue of fixed-rate medium-term notes. The Coles supermarket chain owner said the note issue continued its strategy of pre-funding its upcoming debt m..
House prices slackened off in the last quarter but still gave 110 per cent over the decade. Figures from the Australian Bureau of Statistics (ABS) on Tuesday showed the average price of an establis..
Analysts expect Harvey Norman to continue discounting into next year amid weak sales results after the retailer reported a 20 per cent fall in pre-tax earnings in the three months to September. Sha..
Kagara Ltd has begun talks with potential buyers of its nickel assets after its mining partner Western Areas indicated it was not interested in a purchase. Western Areas last week rejected speculat..
Australian manufacturing activity fell at a slower rate in October, as the sector continued to suffer from a high Australian dollar and cheap imports, a survey shows.The Australian Industry Group/Pric..
Super Retail Group has finalised its $610 million purchase of sports good retailer Rebel Group and appointed a former Rebel manager to drive growth in the business.Super Retail, which owns retail chai..
A roundup of trading on major world markets: NEW YORK - US stocks plunged Monday amid renewed worries about the eurozone debt crisis, which claimed its first major US casualty -- a key brokerage th..
Stocks to watch on the Australian stock exchange on Tuesday November 1ASX - ASX LTD - up 24 cents at $30.70The Australian Securities Exchange's 21-year monopoly on share trading is over after cheaper ..
