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Aussie stocks close at 11-week high

The Australian share market has closed at an 11-week high as hopes are raised for a recovery in Europe and the US.

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Sundance in trading halt as it awaits takeover decision

Sundance Resources' shares are in a trading halt as the company awaits an announcement about a $1.65b takeover deal with Hanlong Mining.

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Australia has a 10-speed economy, says NAB boss

Using the term "two speed" to refer to the national economy was damaging it, the National Australia Bank boss says.

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Breville stocks hit a record high on expected jump in earnings

Kitchen appliance maker Breville has flagged a 40 per cent rise in full year earnings, pushing its shares to a record high.

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Origin shares jump 2% as revenue increases

Higher commodity prices have delivered a 2.5% rise in Origin Energy's full year revenue, despite lower production levels.

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Caltex to raise $300 million to pay down debt, restructure

Caltex says it is confident of receiving backing for its $300m capital raising despite the doubts of credit ratings agency S&P.

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