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Surprises are often a pleasant part of travel but a more unpleasant and costly one may await on the return home. Consumers seem to be losing out when it comes to spending overseas despite the buoya..
Adelaide-based brewer Coopers has been named the world's top family business for 2011 in a poll by a UK magazine. London-based magazine CampdenFB, which focuses on high-value family-owned businesse..
An appeal has been lodged in a class action against ANZ over allegedly unlawful fees. Justice Michelle Gordon ruled earlier this month that late fees charged by ANZ on credit cards could be charact..
Internet service provider iiNet has announced a second purchase in as many months with the acquisition of South Australian-based Internode Pty Ltd for $105 million. The payment will be a mixture of..
Gloucester Coal is expected to make an announcement on Thursday about a potential takeover. Gloucester shares have been in a trading halt since Tuesday, and on Thursday were suspended at the reques..
Stocks to watch on the Australian stock exchange on Thursday: AJL - AJ LUCAS GROUP LTD - last traded at $1.35 AJ Lucas Group Ltd to hold its annual general meeting on Thursday ASB - AUSTAL LT..
The IMF's chief economist says dithering EU policy makers wasted a year and allowed their crisis to deteriorate, leaving Europe more exposed to "schizophrenic" investors. Olivier Blanchard describe..
A roundup of trading on major world markets: NEW YORK - Technology stocks led US markets lower on Wednesday after a disappointing earnings report from Oracle Corp. Uncertainty over whether Washi..
Australian shares broke their two-day losing streak to end sharply higher after strong gains on offshore markets sparked hopes for a long-awaited Christmas rally. At the close on Wednesday, the ben..
The outlook for economic growth has fallen back below trend, although the pace of current activity is still strong, a survey shows. The Westpac/Melbourne Institute Leading Index, which indicates th..
Transurban has confirmed the NSW government will go ahead with a major upgrade of the M5 toll road in Sydney's south west. Transurban has a 50 per cent stake in Interlink Roads, which operates the ..
The communications watchdog has put Vodafone on notice over the telco's leaking of personal customer details earlier this year. The Australian Communications and Media Authority (ACMA) has ordered ..
St.George Bank has cut its fixed home loan interest rates again as variable rates become more attractive. St.George has cut its one, two and three year fixed rates on home loans by 15 basis points,..
Australia's housing shortfall is expected to blow out to more than 640,000 in 20 years, prompting industry calls for tax cuts and other measures to stop prices going through the roof. The gap betwe..
Former chief executive of market operator ASX Robert Elstone will join the board of Westpac Banking Corporation in the new year. Mr Elstone will join the Westpac board as an independent non-executi..
The EU announced on Tuesday a summit for January 30 as negotiations over a new "fiscal union" to combat the eurozone debt crisis opened with a key lawmaker warning the bloc is becoming a "monster."Eur..
Stocks to watch on the Australian stock exchange on Wednesday: BBG - BILLABONG INTERNATIONAL LTD - down 26 cents, or 12.8 per cent, at $1.77 Shares in Billabong slumped a further 18 per cent to ..
A roundup of trading on major world markets: NEW YORK - US stocks are surging following encouraging signs out of Europe and a jump in apartment building in the US The Dow Jones industrial average j..
Hearing implant maker Cochlear says about 1.9 per cent of registered implants globally of its Nucleus C1500 series devices have failed. It said the proportion of failure was similar in all three re..
Australian stocks ended slightly weaker after a day of choppy trade as positive minutes from the central bank's meeting helped investors shrug off the ongoing economic gloom. Telecoms, healthcare a..
Incitec Pivot has started the fiscal year strongly with the explosives and fertiliser maker's sales volumes and prices above those of a year earlier. In fiscal 2012 the company was expecting a cont..
Shares in Billabong slumped a further 18 per cent to a fresh record low following its biggest one-day percentage fall on Monday, as analysts warned the surfwear retailer is heading for a wipeout. S..
The Reserve Bank of Australia (RBA) says it expects global economic growth to stall in the coming year, keeping the door open for more cash rate cuts in 2012. The RBA elected to cut the cash rate b..
Retail spending rose in November, a new private sector survey shows, despite major retailers complaining of weakening demand. The Commonwealth Bank (CBA) Business Sales indicator (BSI) rose by 0.3 ..
Mining-focused engineer Macmahon Holdings has upgraded its full year profit forecast because of additional work. Macmahon said on Tuesday it expects net profit for the year to June 30, 2012, to be ..
