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Unemployment rate falls to its lowest level in a year

The unemployment rate has hit its lowest level in a year, reducing the chance of another interest rate cut next month.

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Optus posts $787m after-tax net profit

Optus lifts its annual net profit by 1.5 per cent to $787 million amid intense competition and regulatory changes.

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Caltex refinery review focuses on Kurnell refinery

Caltex says its refining operations have continued to lose money during the first three months of the 2012 calendar year.

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Rio Tinto says it may need to cut projects because of soaring costs

Rio Tinto coal and other projects in Australia could be under threat because of high costs, the company said at its AGM.

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News Corp profit up, but flags tough time for newspapers

News Corporation says it expects advertising markets to be soft in Australia and the UK for the final three months of 2011/12.

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NAB’s low rates win it more customers, but at a cost

National Australia Bank's first-half profit hit $2.83 billion as its low interest rate strategy continues to win customers.

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