Alesco Corporation says trading conditions in the Australian housing and construction markets have not improved.

More than one-third of Australians say now is a good time to buy a home, a report says, but mortgage stress is at an all time high.

Outdoor clothing retailer Kathmandu has quadrupled annual profit as sales shot up through the year.

The IMF's chief economist has warned that the global economy has entered a dangerous new phase, with a recovery that has weakened considerably.

US politicians say a new budget stalemate over funding for disaster relief could lead to a government shutdown if an agreement is not reached soon.

Stocks of interest on the Australian Securities Exchange on Wednesday