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Investment data show mining boom not over

Capital expenditure data for the June quarter shows the resources boom is not over but investment in non-mining sectors remains weak.

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Housing activity still weak, ABS data shows

Australian residential building approvals fell 17.3 per cent in July, official figures show.

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Toll road firm to pay distribution in 2013

Overseas toll road operator Macquarie Atlas Roads anticipates being able to declare a distribution in the first quarter of calendar 2013.

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Job cuts to continue at Perpetual

Fund manager Perpetual's major restructure which was aimed at reducing costs has contributed to a significant drop in its full year profit.

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Citigroup seeks to settle shareholder suit

Citigroup is offering $US590 million to settle a class action by shareholders who claim the bank did not come clean about losses it faced before the GFC.

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Newcrest resolves dispute in PNG

Newcrest has resumed production at its Lihir gold mine in PNG after resolving a dispute with local land owners.

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