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For the eleventh time this year, the Reserve Bank of Australia has used the minutes of its monthly monetary policy meeting to signal the possibility of further interest rate cuts. It also signalled..
Australian mobile payments group Mobile Embrace wants to expand its presence throughout Asia after securing a deal with Singapore Telecommunications.Mobile Embrace will provide direct billing services..
Another cash rate cut could be on the cards but the Reserve Bank would rather see a lower Australian dollar do the heavy lifting to boost the economy.The RBA said it would not close off the possibilit..
Bad news about a slow Australian economy, the high Australian dollar and endless will they-won't they fretting about the US taper have obscured a surprising truth this year - investors did pretty well..
Five General Motors factories in three states will soon share in a $US1.3 billion ($A1.46 billion) investment so they can make higher-quality pickup trucks and new fuel-efficient engines and transmiss..
Coca Cola Amatil boss Terry Davis has a million dollars' worth of beer to deliver to new customers this week.The soft drink distributor is back in the beer market after an enforced two year hiatus bro..
US stocks have jumped following a strong report on US industrial output that came a day before a much-anticipated US Federal Reserve policy meeting.The Dow Jones Industrial Average rose 129.21 points ..
The Australian share market has closed lower ahead of the US Federal Reserve's last meeting for 2013. The US Fed's Federal Open Market Committee is widely expected to approve the tapering of econom..
There will be no Christmas joy at the bowser for motorists, with national petrol prices expected to stay above $1.50 a litre for the festive period. Petrol prices averaged $1.51 per litre in the pa..
Diversified conglomerate Wesfarmers is selling its Australasian insurance underwriting operations to Insurance Australia Group (IAG) for about $1.85 billion - its biggest ever divestment. Wesfarmer..
Senex Energy chief executive Ian Davies says he is no longer interested in a merger with AWE following the company's move to make preliminary dealings between the companies public.AWE said it had reje..
The Australian stock market has started the week lower amid a selloff in banking and resources stocks. CMC Markets chief market analyst Ric Spooner says the week start followed a lacklustre Friday ..
Construction giant Leighton and property group Mirvac have won a contract to develop a large part of the multi-billion dollar Perth City Link project. The West Australian government has selected th..
US stocks have ended mostly higher after the US House of Representatives approved a budget deal that would avert another government shutdown. The Dow Jones Industrial Average added 15.93 (0.10 per ..
The Australian share market has broken a six day losing streak as bargain hunters picked up the banking and mining stocks that had fallen in value the past week. But shares still posted their fourt..
Wesfarmers will sell its remaining 40 per cent stake in industrial gas producer ALWA to Air Liquide Australia, reaping a $95 million profit. The chemicals, energy and fertilisers division of Wesfar..
The Australian dollar is at a three-and-a-half month low after comments from the Reserve Bank of Australia governor and strong US economic data. At 1200 AEDT on Friday, the local unit was trading a..
Shares are flat as the falling Australian dollar turns off overseas investors. Two of the big banks, the mining giants and Telstra were weaker, offsetting gains in the energy and insurance sectors...
Canadian diary giant Saputo has extended its takeover offer for Warrnambool Cheese and Butter by a week. Saputo's offer will now remain open until December 20, instead of Friday. Rival bidder Be..
Personal finance loans were up 1.7 per cent in October. The Australian Bureau of Statistics (ABS) on Friday said personal finance commitments, seasonally-adjusted, rose to $7.839 billion in October..
Reserve Bank of Australia governor Glenn Stevens says he'd prefer a fall in the value of the Australian dollar over lower interest rates as a means to lift the local economy. Stevens told The Austr..
Australians are expected to spend more than $18 billion this Christmas, with the next few days expected to be the busiest time for retailers. According to research from the Commonwealth Bank, consu..
Australian stocks have fallen for a sixth straight day with investors appearing to book profits after a good year and recent negative economic news. The ASX200 is down 7.0 per cent after a year-hig..
The trend in employment is flat, but that's not boosting the jobless rate. Well, not much anyway. The main effect in recent months has been to discourage many potential jobseekers from staying i..
Facebook shares will be added to the Dow Jones S&P 500 Index, a portfolio of stocks considered a barometer of the market and even the overall US economy. The world's leading online social netwo..
