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Wall Street closes higher

Wall Street closes higher despite a choppy trading day with mixed earnings reports and mediocre jobs claims figures but strong housing data.

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Aussie stocks inch higher

The Australian share market gave up earlier gains to finish slightly higher following a positive lead from Wall Street

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Pilbara house prices outpace Sydney’s by $300k

House prices in Western Australia's booming Pilbara region are continuing to outpace major capital cities, recording $300,000 more than the Sydney median

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TV stocks punished after surprise Seven downgrade

Television stocks punished as ongoing weakness in advertising markets frightens investors after Seven West's shock cut to earnings forecast

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OZ Minerals suffers higher costs due to heavy rains

OZ Minerals increased production of gold and copper in the first three months of the year but heavy rains meant its costs were higher.

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WA government supports common Pilbara rail line

The WA government will support a bid by QR National and Atlas Iron to build a new rail line linking mines in WA's Pilbara region to Port Hedland.

Full Article

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