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The federal opposition has continued its attack on Treasurer Wayne Swan, a day after opposition treasury spokesman Joe Hockey was criticised for attacking his Euromoney's Finance Minister of the Ye
Aboriginal MP Carol Martin says she'll sue the people who put out newsletters labelling her a "coconut", saying the racial slur was the worst ever directed at her.
Australia's largest brick and tile maker, Brickworks, says it has axed 17 per cent of its workforce and will close two more factories before Christmas due to the depressed housing market.
Lynas Corporation has flagged a 30 per cent jump in full year pre-tax loss due to higher operating costs at its Mt Weld rare earths mine in Western Australia as production is ramped up.
Foster's suitor SABMiller is likely to introduce more international beer brands into the Australian market, which could result in the sector looking very different in 10 years, says a market analys
Many retailers are struggling because households are saving more and when they do spend, the money goes on services rather than goods, a senior reserve bank official says.
The Australian dollar fell to a six-week low - and back near parity - after the US Federal Reserve announced new measures to support its ailing economy.
The Australian dollar was three-quarters of a US cent higher amid growing optimism the US Federal Reserve will take action to help the struggling American economy.
Many Australians are headed for lean times in retirement, having only about a third of the superannuation that's needed for a comfortable life, National Australia Bank's head of wealth management s
Changes to federal environment laws will add an "unnecessary level of bureaucracy" for state national parks, state Environment Minister Bill Marmion says.
Brewer Foster's Group says a decline in the Australian beer market is easing, and the market should grow again once the current period of economic uncertainty ends.
Prime Minister Julia Gillard says proper science and economics would compel a future Labor government to reinstate carbon pricing if it was scrapped by a coalition government.
Qantas passengers could face delays next week after the Transport Workers Union (TWU) flagged further strikes as part of an ongoing row over pay and conditions.
Australia's economy is expected to slow in the second half of the year due to weakness in consumer spending and ongoing weakness in the property market.
The federal government has released updated Treasury modelling on the impact of its carbon tax, showing personal incomes will grow 0.1 percentage points less per year to 2050 under the scheme.
The Australian share market opened higher this morning as a better-than-expected performance on Wall Street drew some investors back into the heavily sold-off local market.
The Australian dollar was more than half a US cent firmer, as equity markets in Europe bounced back overnight and ahead of tomorrow's announcement from the US Federal Reserve.
US stocks drifted mostly lower Tuesday amid Greek debt concerns and as investors awaited the end of a Federal Reserve policy meeting hoping for new stimulus for the economy.