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Stockland pays $165m for Sydney home development

Property developer Stockland says a newly-acquired parcel of land in Sydney's northwest could be the site for about 2,300 new homes.

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Inflation gauge shows prices inched higher in December

Consumer prices rose in December after a previous monthly fall, as seasonal holiday costs increased.

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US, European stocks fall

News from the world’s major stock markets

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US retail sales weaken

US retailers enjoyed record sales in 2011, but new figures show the final month of the year was a dud.

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Santos to develop $490m Fletcher Finucane oil project

Santos has confirmed it will develop the $490 million Fletcher Finucane oil project in the Carnarvon Basin off the northwest coast of Western Australia.

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday

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