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Shares close lower on soft Chinese data

The Australian share market closed weaker as investors digest the latest moves by the US central bank to boost the economy.

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BHP, Rio Tinto say they’re not worried by UK carbon move

BHP Billiton says it won't be affected by Britain's move to become the first country in the world to make listing emissions data compulsory

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Billabong warns on profit, raises $225m as retail worsens

Troubled surfwear retailer Billabong is tapping shareholders for $225 million, just four months after rejecting a takeover offer.

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Telstra launches music streaming service with US company MOG

Telstra is teaming up with US-based MOG to bring another music streaming service to Australia.

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Funtastic to raise $25 million from its shareholders

Toy distributor Funtastic will sell new shares to raise almost $25 million that it will use to repay debt.

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Home owners are staying put for longer, survey finds

Higher properties prices mean home owners are holding onto houses and units longer than they were a decade ago.

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