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Bendigo and Adelaide Bank says interest rates on deposit accounts may be about to fall as other sources of funds become cheaper and more accessible for banks.
US President Barack Obama has called for quick congressional action designed to grow the US economy, create jobs and make the US a magnet for manufacturing.
Public Transport Authority costings for Labor's Metronet rail plan show the party can't be trusted to fund and deliver major infrastructure projects, Treasurer Troy Buswell says.
Australian-based miner Perseus is looking forward to improved earnings and production results after its first half profit more than doubled to $32.5 million.
Economists from two of Australia's largest banks say several more interest rate cuts are needed to support the economy in 2013 as the boom in mining investment peaks.
Opposition Leader Tony Abbott has laid out the coalition's broad economic strategy, saying his government would inject an "instantaneous adrenalin charge" into the economy through scrapping taxes a
The head of Australia's competition watchdog says it was hard to get grocery suppliers to come forward to give evidence about alleged improper practices by Coles and Woolworths.
Federal Treasurer Wayne Swan is urging the Group of 20 major economies to close tax loopholes that allow profitable multinational companies to exploit differences in taxation regimes to avoid tax.
US stocks have traded flat despite the excitement from two giant M&A deals, the merger of American Airlines and US Airways, and Berkshire Hathaway and 3G's takeover of ketchup maker Heinz.
The Australian dollar marked time during the afternoon session after traders earlier pushed it to a fresh one-week high in response to brighter consumer confidence data.
Global miner Rio Tinto says it will concentrate on operating low-cost mines and selling non-performing assets after posting a full year net loss of almost billion for 2012.