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US stocks have closed mixed with the Dow and S&P 500 essentially flat for the second straight day as fresh data releases failed to give any clearer picture of US economic growth.
Shares in Hastings Diversified Utilities Fund (HDF) fell after Pipeline Partners Australia (PPA) Pty Ltd increased its cash offer for the fund by 10 cents to $2.43 per security.
Westfield has lifted its first half profit by nearly a third and says it will boost investment in its better-performing Australian shopping centres to drive earnings further.
One of the world's largest credit agencies has warned Australia's states and territories to watch their persistent budget deficits and rising debt levels.
Businesses facing a high staff turnover must re-examine hiring policies, or suffer the expense of continually taking on new workers, a specialist recruitment firm has warned.
The Australian stock market opened stronger this morning, with a strong earnings report from the Commonwealth Bank giving the market a boost in the early session of trading.
US stocks gave up early gains helped by a better-than-expected reading on retail sales and closed flat, with the Dow held up by a strong performance from Home Depot.
The Australian Greens say Woodside Petroleum has heavily underestimated whale numbers off the Western Australian coast, near the site of its proposed $34 billion gas hub.
Four people face a total of six corruption charges over allegedly tampering with urine samples at a laboratory in the Pilbara in order to secure work in the resources sector.
Bipartisan support is expected for proposed new legislation in Western Australia banning taxpayer-funded government advertising within three months of a state election, the oppositio
Melbourne has claimed gold as the world's most liveable city, but Sydney has lost its status as Australia's second most desirable destination ... to Adelaide.
Environmental groups have called on the federal government to reject a push to allow state governments to approve certain business developments without federal oversight.
Australian businesses regained their confidence in July, as global sentiment stabilised, and the impact of Reserve Bank of Australia rate cuts began to be felt.
National Australia Bank made a $1.2 billion profit in the three months to June, while its revenue dropped because of higher funding costs and weak financial markets.