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Aussie stocks close higher after GDP trumps expectations

Australian stocks rose as market players took their cues from a positive night on Wall Street.

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Aussie dollar hits two week high after firm GDP data

The Australian dollar rose to a two-week high following the release of strong than expected GDP data

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Rate cut stalemate continues as big banks stay mum

Some small banks have cut their interest rates after the RBA's move on Tuesday but the big four are yet to make a move.

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Alesco expects a strong finish to the financial year

Alesco expects to report an annual profit excluding one-off items above its previous guidance.

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AGL raises $356m from institutions to help pay for coal power station

AGL Energy has raised $356 million from institutional shareholders towards its purchase of the Loy Yang brown coal power station in Victoria.

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Ten Network to raise more funds through securities

Ten says it will issue new shares to raise $200 million to bolster its balance sheet, invest in programming and offer flexibility as debt facilities expire.

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