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Low rates, AUD lift confidence and spending

The economy is rebalancing as the mining investment boom winds down, thanks to lower interest rates and the falling Australian dollar, ANZ says.

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Biotech to raise $27m in anti-cancer fight

Biotech Viralytics will raise more than $27 million to fund its drug trials and company growth.

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China manufacturing index at six-month low

China's purchasing managers' index (PMI) fell to 49.5 this month - its lowest figure since July, says HSBC.

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Rain slows Fortescue production

Fortescue Metals Group says bad weather during January will impact on its production this year.

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New home sales at a five year high

New home sales jumped in 2013, their first annual increase since the GFC.

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BlueScope allowed to buy competitor

BlueScope Steel has got the green light from the competition watchdog to buy a building products business formerly owned by Hills.

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