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ConsMedia moves closer to takeover of News Ltd

Consolidated Media says it is moving closer to sealing a $2 billion takeover deal with Rupert Murdoch's News Ltd.

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Rate cut not on the RBA’s agenda, say economists

The Reserve Bank of Australia is unlikely to cut interest rates again unless the global economy takes a turn for the worse, economists say.

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Amcor’s full-year profit rises by 16%

Packaging supplier Amcor has lifted its annual profit by 16 per cent and says its flexibles packaging business is set for more growth in China.

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APA wins takeover battle for energy investor Hastings

APA's revised takeover offer for Hastings Diversified Utilities Fund has finally been accepted after a protracted bidding war.

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Arrium’s profit slumps 75%, but shares rise

Arrium has outshone BlueScope Steel, making steelmaking profitable again but faces a difficult year of weak demand and falling iron ore prices.

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Aussie shares close flat in steady trade

The Australian share market was relatively flat in early afternoon trade.

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