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Whitehaven Coal says it will start building its controversial Maules Creek coal mine within weeks after an environmental group failed to convince a court to block the project. The $767 million prop..
The liquidators of Ross Asset Management (RAM) are in talks with three former investors over about $NZ3.8 million ($A3.55 million) of payments they received in the two years leading up to the group's ..
Billionaire Gina Rinehart has secured almost $800 million towards her $10 billion Roy Hill iron ore project in Western Australia. Australia's richest person is trying to obtain $7 billion in fundin..
Gallagher Group, the privately held agricultural equipment firm, will exit its 12 per cent stake in rival Tru-Test Corp as a condition of buying Australian firm Country Electronics. The Australian ..
The Australian stock market has opened higher, with gains in financial and energy stocks offsetting weakness among gold miners. CommSec market analyst Juliana Roadley said it was likely to be a qui..
The United States will run out of money to pay its bills by early March if Congress does not raise the nation's borrowing limit, Treasury Secretary Jacob Lew says. In a letter to Congress, Lew urge..
Telstra shares have hit their highest level in almost nine years after selling its stake in Hong Kong mobile business CSL for around $2 billion.The Australian telco, along with fellow owner New World ..
US stocks have closed mostly lower a day after a record-setting surge spurred by the Federal Reserve easing stimulus. The Dow Jones Industrial Average edged up 11.11 points (0.07 per cent) to 16,17..
Spending by consumers, businesses and government rose 0.5 per cent in trend terms in November, the 15th consecutive month of growth. The latest Commonwealth Bank Business Sales Indicator showed ann..
Stocks to watch on the Australian stock exchange on Thursday, Dec 19: ANZ - ANZ BANKING CORPORATION - up 22 cents, or 0.7 per cent, at $30.70 ANZ's chairman John Morschel says the bank is increa..
US stocks have opened slightly higher ahead of the conclusion of a crucial US Federal Reserve policy meeting that could scale back the central bank's aggressive bond-buying program. Five minutes in..
The Federal Reserve has announced it will start tapering its massive stimulus program in January, giving a vote of confidence in the recovery of the US economy and job market.The Fed will buy $US75 bi..
US stocks have surged to new records after the US Federal Reserve modestly scaled back its bond-buying program in a much-anticipated decision.The Dow Jones Industrial Average soared 292.71 (1.84 per c..
Australian shares are marginally weaker as uncertainty about the US Federal Reserve's stimulus decision hits banks and retailers. The US Fed's Federal Open Market Committee is expected to favour a ..
Property investors continue to reap rewards from the resources industry, with mining towns accounting for the top ten rental yields in the country. An RP Data survey shows some of the highest renta..
Bega Cheese has pulled out of the three-way battle for control of Warrnambool Cheese and Butter. The other Australian player in the fight, meanwhile, says it still has the best takeover offer, desp..
More than $280 million has been wiped from the market value of Wotif.com after the online hotel booking group forecast a sharp drop in half year profit. Wotif expects to make a net profit of betwee..
The architect of the Gillard government's school funding reforms, David Gonski, has been appointed as the next chairman of ANZ. Mr Gonski will join the ANZ board in February 2014 and replace curren..
Australian engineering group UGL has been awarded a five-year contract to maintain energy giant Chevron's Western Australia gas assets. UGL will undertake mechanical and electrical work on Chevron'..
The architect of the Gillard government's school funding reforms, David Gonski, has been recruited by ANZ as the bank's board continues to undergo significant changes.Mr Gonski will join the ANZ board..
Sport, reality shows and "shiny floor" TV will be Ten Network's big guns as it fights its way back into ratings contention, chief executive Hamish McLennan says.Mr McLennan has vowed there will be no ..
Low interest rates are doing their bit to boost the economy but business and consumers need confidence to take advantage of the situation, the Reserve Bank of Australia says.The central bank is keepin..
The Australian share market has finished slightly higher as defensive stocks performed well after the release of the government's budget update. Bell Direct equities analyst Julia Lee said investor..
Canadian dairy giant Saputo has again sweetened its takeover bid for Warrnambool Cheese and Butter (WCB), after the involvement of the Takeovers Panel. Saputo has raised its offer due to concerns f..
Australian stocks are trading higher following gains on US and European markets overnight. Morgan's private client adviser Alistair McCorquodale said the move higher offset Monday's losses. "We'..
