Financial Services

The Australian dollar fell half a US cent amid concerns that Italy risked defaulting on its sovereign debt.

The Australian share market closed firmer after a positive US lead but trading volumes were low as investors sat on the sidelines as anxiety over eurozone debt continued.

Economic activity softened in contrast with increased confidence in October, a private survey has shown.

One of the world's largest investment management organisations has doubled its stake in Perth-based Cape Lambert Resources.

Commonwealth Bank of Australia expects subdued credit growth to continue into next year, and says gains in productivity will drive improvements in its performance.

Australian stocks have opened firmer, with the gold and metals and minerals sectors leading the broader market higher after a positive lead from Wall Street.

The Australian dollar has lifted this morning, on the back of positive economic news from the US, and optimism around local data due today.

US stocks jumped strongly in the last two hours of trade Monday to finish in the green after a day spent mostly in the loss zone under more clouds from the eurozone crisis.

The Australian dollar fell almost half a US cent as traders awaited further developments on the resolution to Greece's sovereign debt woes.

Privately-owned engineering and contracting company Calibre Global has announced its fifth acquisiton in the past two years, with the purchase of Melbourne-based infrastructure servi

Australia's unemployment rate is expected to have risen in October as global economic uncertainties kept local employers from hiring new staff.

The Australian share market closed slightly lower after energy stocks lost ground and Westpac and Macquarie Group traded without a dividend.

Australian stocks have opened marginally lower, much less than the declines on offshore markets late last week.

The Australian dollar has dropped slightly after a disappointing conclusion to the G20 Summit over the weekend.

Oil prices gained on Friday as markets prepared for another weekend of mystery over the fate of the eurozone rescue plan.

Engineering contractor Monadelphous Group will become the eighth Western Australian company included in Standard & Poor’s ASX 100 index when trade resumes on Monday.

The Australian dollar rose around one and a half US cents as concerns over Greece's debt crisis eased.

Resources giant Rio Tinto says it's comfortable with its dependence on China but warns that investors have become more apprehensive about investing in Australia.

The federal government is doggedly sticking to its plan to bring the budget back to surplus in 2012/13, despite new Reserve Bank of Australia (RBA) forecasts suggesting revenues will be somewhat lo

Consumer credit demand has risen in the September quarter, driven by a turnaround in personal loan applications, a private sector study says.

Premier Colin Barnett has confirmed Mines Minister Norman Moore is being considered for the post of the state's agent-general in London.

Australia must not get involved in the eurozone bailout unless Europe does all it can to get its own house in order, federal Opposition Leader Tony Abbott says.

The central bank's revision of its economic forecast paints a slightly bleaker picture for economic growth but inflation is not a problem.

The Australian share market has opened more than two per cent higher.

The Australian dollar has risen almost two US cents after Greece indicated it would not hold a referendum on a debt bailout package.

US stocks shrugged off more eurozone turmoil to rack up solid gains on Thursday, helped by earnings reports, slightly improved jobs numbers and the European Central Bank's interest rate cut.

The world's biggest economies will agree to increase the International Monetary Fund's (IMF) resources to help tackle the European debt crisis, officials at the Group of 20 summit said Thursday.

Western Australia's health department chief has defended the performance of the state's hospitals following a damning national report.

The Australian dollar has continued its wild ride, slipping to 102.48 US cents after being as high as 107 US cents less than a week ago.

The University of Western Australia has appointed Department of Finance director general Anne Nolan, Woodside chief executive Peter Coleman and Alverstoke Group founder John Willinge to its Busines

The Australian share market lost ground for the fourth consecutive day as investor worries about Europe trumped a rebound in the US overnight.