The rating of Australian banks by their business customers has declined sharply over the past five years, with one of the few exceptions being Bank of Queensland.
The Australian dollar is higher after disappointing US durable goods data dampened hopes that the Federal Reserve will begin tapering its economic stimulus soon.
Like the captain of a sinking ship, the days of cheaper petrol, electronics, clothing and overseas travel will go down with the falling Australian dollar.
The Australian dollar hit a one month high after the release of lower than expected local inflation figures, but later fell on the release of weak Chinese manufacturing figures.
The corporate regulator is looking at a proposal to relieve greyhound racing and breeding syndicates from Corporations Act provisions which may be too onerous for the small-scale nature of these in
The Australian dollar is higher after gold prices soared and weaker-than-expected American home sales figures put downward pressure on its US counterpart.
The head of West Perth-headquartered AFG has moved to quash rumours regarding the possible sale of the mortgage broker by offering a $10,000 reward for a successful defamation case against the pers
The Australian dollar has gained some ground after China's central bank said it would lift controls on lending interest rates, allowing financial institutions to set them.
US stocks ended mixed on Friday after strong earnings from some industrial companies were countered by feeble results from Microsoft and other technology companies.
Billabong is facing a challenge to its recapitalisation deal with private equity firm Altamont from two US hedge funds seeking to strike their own deal with the troubled surfwear retailer.
Analytical testing services group ALS has raised $112 million from institutional investors as it seeks to complete the funding for its takeover of two businesses.
