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Mirrabooka profit down despite market gain

Investment firm Mirrabooka's first half profit has dropped by nine per cent despite the Australian share market's recent surge.

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New housing loans fall in November

The number of new housing loans fell 0.5 per cent in November, according to figures from the Australian Bureau of Statistics.

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Inflation in line with RBA target: survey

The TD Securities-Melbourne Institute inflation gauge showed consumer prices rose 0.4 per cent in December.

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Union questions BlueScope’s government handout

The Australian Workers' Union is questioning the government assistance given to BlueScope, with the steelmaker cutting 170 jobs at its Victorian plant.

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Job ads fall in December

Australian job advertisements in newspapers and on the internet were down 3.8 per cent in December, a report says.

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US markets end week slightly higher

The major US indices have closed the week out modestly higher as investors seemed to be searching for direction.

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