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Telstra provides split details to ACCC

Telstra has submitted the details of its structural separation with the competition watchdog for approval.

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US stocks tumble in worst week of 2011

US stocks have had their worst week of 2011 amid fears that the debt-ceiling impasse in Washington would provoke a ruinous default.

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European markets fall on US growth data

European stocks markets slid on Friday as the US debt crisis deepened amid surprisingly poor growth data out of Washington.

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ASX hits 11-month low ahead of US debt deadline

Australian shares hit a near 11-month low as investors grow increasingly concerned about the still unresolved debt problems in the US.

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Capital city home prices fall for sixth straight month

Capital city home prices have fallen two per cent over the last year, led by big falls in Brisbane and Perth.

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CBA’s funds under admin hit by rising Australian dollar

A higher Australian dollar and falls in investment markets have reduced funds under administration by the Commonwealth Bank for the June quarter.

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