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The Australian sharemarket has closed weaker for the fifth consecutive day with investors staying away or moving their money to safer assets.
A new report finds competition in the mortgage sector is dwindling but home buyers will benefit from a mortgage price war between big banks next year.
Woolworths says it's being bullied and vilified by pokie reform campaigners who targeted the supermarket giant at its annual meeting on Thursday.
Westpac overhauls management structure and hires a potential chief executive successor as it pushes to be the country's leading financial company.
Murchison Metals has agreed to sell its key assets to joint venture partner Mitsubishi and may also sell its remaining Rocklea project.
Struggling steelmaker BlueScope Steel has raised $338 million so far in a $US600 million debt reducing capital raising.
