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At the core of AAP Newswire is our unbiased, 24/7 breaking newswire that feeds the latest news from Australia and the world. Supported by over 200 journalists, AAP Newswire provides the news that matters.

Government 26 Oct 2011

Swan says households still doing it tough

Treasurer Wayne Swan says Australian households are still doing it tough, despite encouraging news on inflation.

Government 26 Oct 2011

Super Retail says good start to year

Specialty retailer Super Retail Group says it has started the current financial year well, despite uncertain conditions in the broader retail sector.

Mining 26 Oct 2011

Miners face market share loss: Rinehart

The resources sector could lose market share to other countries if new exploration incentives are not introduced and costs continue to rise, warns the nation's richest person, Gina Rinehart.

Government 26 Oct 2011

ACCI backs PM's free trade position

Australia's peak business group has backed Prime Minister Julia Gillard's support for free trade access to developing nations against rising calls for protectionism in international markets.

Financial Services 26 Oct 2011

CPI eases but market divided on rate cut

The rate of inflation has slowed but economists are divided on whether there will be an interest rate cut in the coming months.

Mining 26 Oct 2011

Europe talks key to world economy: Rudd

Foreign Minister Kevin Rudd says decisions made by European leaders this week will determine the future of the world economy.

Financial Services 26 Oct 2011

Shares dip after US slump

Australian shares opened lower as investors worried a resolution to the European debt crisis may not come as soon as hoped.

Financial Services 26 Oct 2011

Fortescue borrows $US1.5bn for expansion

Fortescue Metals Group has borrowed $US1.5 billion ($A1.44 billion), half a billion more than initially intended, to fund the iron ore miner's expansion plans.

Financial Services 26 Oct 2011

$A weaker on European debt crisis worries

The Australian dollar fell on scepticism that Europe's leaders are close to resolving the region's debt crisis and as traders await local inflation data.

Financial Services 26 Oct 2011

Global markets down, waiting for EU summit

Global stock markets were lower in cautious trade as investors waited in hope for a second EU summit to produce a long-awaited plan to solve the eurozone debt crisis.

Financial Services 25 Oct 2011

$A firmer ahead of CPI data

The Australian dollar was trading higher today ahead of key domestic inflation data but drifted for most of the day session.

25 Oct 2011

Iron ore prices will soften: Forrest

Fortescue Metals Group chairman Andrew Forrest says the iron ore price will be softer in the longer term.

25 Oct 2011

Wine sector still challenging: TWE

Wine maker Treasury Wine Estates (TWE) says trading conditions remain challenging but that the company is well placed for growth.

25 Oct 2011

More flights on time in September

More flights were on time during September than in the previous year but still below the long-term average, new data shows.

25 Oct 2011

Shares dip to weaker close

Australian shares declined 0.6 per cent, after yesterday's 2.6 per cent jump, as traders awaited two key announcements due tomorrow.

25 Oct 2011

Dr Doom says 50% chance of recession

The economist known as "Dr Doom" told the Commonwealth Business Forum in Perth today that there is a more than 50 per cent chance of another world recession.

25 Oct 2011

Stockland says sentiment has improved

Property developer Stockland says consumer sentiment improved in the first three months of the financial year, as evidenced by its sales figures for the period.

25 Oct 2011

WorleyParsons expects earnings growth

WorleyParsons has reaffirmed its guidance of improved earnings in the current financial year and says it continues to evaluate opportunities for new business growth.

Mining 25 Oct 2011

Gold may hit $US2,200/oz: AngloGold

The gold price could rise to $US2,200 an ounce by 2013 as global economic uncertainty continues, South Africa-based gold mining giant AngloGold Ashanti says.

25 Oct 2011

Taxes 'a burden' for Australia: Blackrock

Australia's carbon tax and minerals resources rent tax (MRRT) have helped make the country a less-favoured destinations for mining investment, says one of the world's largest resources investment m

25 Oct 2011

Shareholders reject Pacific Brands' pay

Shareholders have rejected the remuneration package for the management of clothing and linen producer Pacific Brands.

25 Oct 2011

Government still talking to miners about tax: PM

Prime Minister Julia Gillard says the government is still engaged in talks with miners to nail down the detail of its planned minerals resource rent tax.

25 Oct 2011

Gillard plays down Aust help for Europe

Prime Minister Julia Gillard has dismissed as premature reports Australia might be asked to help fund a Eurozone rescue plan.

25 Oct 2011

Man charged over CHOGM breach

A man has been arrested and charged after he allegedly entered a restricted security zone put in place for the Commonwealth leaders' meeting in Perth.

25 Oct 2011

Greens poll boost lifts Labor slightly

The Australian Greens have made slight gains, following a fortnight of Labor and the coalition playing a blame-game over asylum seekers.

25 Oct 2011

Customs staff to walk off job on Thursday

Customs staff at international airports across the country plan to strike this week over a pay deal dispute with the federal government.

25 Oct 2011

Shares flat despite positive leads

The Australian market has opened flat with all sectors down apart from resources, while the Australian dollar rose along with commodities overnight.

Financial Services 25 Oct 2011

RBA reaffirms possible interest rate cuts

The Reserve Bank of Australia (RBA) has again left the door open to lower interest rates and flagged tomorrow's inflation data as potentially paving the way for a move.

25 Oct 2011

$A climbs on EU optimism

The Australian dollar rose to a six-week high on hopes that European leaders would soon announce plans to contain the region's debt crisis and avert a recession.

25 Oct 2011

Caterpillar's third-quarter profit soars

Strong demand for construction and mining equipment should boost Caterpillar Inc's revenue through next year, even as the health of global economy remains in doubt.

24 Oct 2011

Aussie currency hits six week high

The Australian dollar hit a six-week high today, buoyed by encouraging Chinese manufacturing data.

Financial Services 24 Oct 2011

Aussie shares rally strongly

Australian shares gained about $35 billion in value as buyers and confidence returned, amid hopes of a comprehensive fiscal stability plan for Europe that also led to a rally on offshore markets.

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