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Building approvals weaken Aussie bonds

Australian bond futures prices are lower after the release of building approvals figures that did not fall as much as forecasts had been predicting.

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Australian share market closes lower

The Australian share market has closed lower, with no strong lead from the US and no boost from Chinese economic data.

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GrainCorp to rationalise country network

GrainCorp says it will have to make changes to its storage and handling network now that ADM will not be providing money to upgrade it.

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Metcash profit up 20%

Grocery wholesaler Metcash has lifted its net profit more than 20 per cent thanks to the sale of its Franklins business.

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Aussie house price growth stalls in Nov

Capital city house prices stalled in November but they are still growing at the fastest annual pace since 2010.

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$A firms on China manufacturing data

The Australian dollar is firmer following local building approvals figures and strong Chinese manufacturing data.

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