The Australian dollar is close to 106 US cents after touching a near four-month high in offshore trading on the back of a stronger gold price, a rally on equity markets and positive comments from t
The managing director of Gresham Advisory Partners' Western Australian office, Justin Mannolini, quit the firm yesterday and has been replaced by new co-heads Darren Martin and Julian Mills.
US stocks closed higher on Friday, with the S&P 500 hitting its highest level in five years, helped by a steady December jobs report and a surprise improvement in a key index for the service se
The Australian dollar has fallen to its lowest level in two weeks on concerns about US debt, after a plan to raise taxes for millionaires divided Republicans in Congress.
The state government has trimmed its surplus forecast for the current financial year by $56 million as it lifts spending to meet the needs of an expanding population while revenue from mining royal
Ratings agency Moody's has downgraded its outlook for Western Australia's AAA credit rating to negative from stable because of the state's mounting debt.
US stocks swung higher on Thursday as the market appeared to show optimism about a potential deal in Washington to prevent the economy from going over the so-called fiscal cliff.
Australia's ability to repay its debt will be unaffected by the government's admission it's unlikely to deliver a budget surplus this financial year, a global ratings agency says.
The Australian dollar has finished the local session below 105 US cents for the first time in more than a week as the currency loses some of its safe-haven lustre.
The Australian share market has continued its stellar run, finishing higher despite falls on Wall Street amid caution about the outcome of the US budget talks.
The Australian share market has opened slightly lower following a fall on Wall Street, with investors cautious about the ongoing talks to avoid the US fiscal cliff.
The Australian share market closed at its highest level for the year with investors betting on US policymakers to back a deal to avert $US600 billion in federal tax hikes and spending cuts.
The Australian market has opened higher amid signs US politicians are willing to compromise to avoid the world's largest economy falling off the fiscal cliff.
