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US stocks open higher

US stocks have opened higher as a surprisingly strong jobs report suggests the economic recovery is on track.

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Australian share market closes 0.3% higher

The Australian share market closed 0.3 per cent higher, boosted by mining stocks following the release of data showing China's exports surged more than 20%

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ANZ leaves rates unchanged

ANZ says its cost of funding has fallen, but has decided not to cut its interest rates.

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Decision on Virgin’s Tiger deal delayed

A decision from the competition watchdog on Virgin's proposed takeover of Tiger Australia has been delayed as it requires more information.

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Local business ups pressure on gas

Australian manufacturers are facing soaring natural gas prices they say threaten the national economy because LNG project operators want export prices

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Banks reject call for new tax

The banking industry says a proposed new tax on large banks would hurt its shareholders and small businesses.

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