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Perpetual loses CEO after board clash over strategy

Investment firm Perpetual loses CEO after a clash with the board over the company's strategy.

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Retail sector still struggling

Australia's retail sector continues to struggle but the RBA will look beyond struggling retailers when it decides whether or not to cut interest rates

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Downer EDI welcomes the NSW Reliance Rail bailout

Downer EDI, the major private partner in the troubled Reliance Rail project, welcomes a restructure of the group's financing.

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Wall street rises after a drop in US unemployment rate

News from the world’s major stock markets

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Stocks to watch on Monday

Stocks of interest on the Australian Securities Exchange on Monday

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Interest rate cut expected

A third consecutive interest rate cut by the RBA is expected as inflation eases, local jobs growth slows and fears over a European recession grows.

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