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Private sector credit up 0.2% in July

Total credit provided to the private sector by financial intermediaries rose 0.2 per cent in July, the RBA says.

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RBA won’t hike rates at Tuesday meeting, economists say

The RBA is expected to keep the cash rate on hold when its board meets on Tuesday although a rate cut is expected later in the year

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US stocks lower ahead of Jackson Hole speech

US stocks have slid ahead of a speech by Federal Reserve boss Ben Bernanke.

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Kingsgate to produce 200,000 gold ounces

Kingsgate expects to produce at least 200,000 ounces of gold next year, after the miner returned to profitability in FY12.

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Aussie stocks close almost 1% lower on resources sell-off

The Australian share market finished almost one per cent lower, with local resources stocks leading the falls amid lower commodities prices

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Lend Lease’s profit increases, says it’s confident on future earnings

Developer Lend Lease says work and income from existing projects is so stable it has little new business to bring for another year of solid earnings

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