Australia's four major banks all moved today on their lending rates, with the ANZ making the largest cut, of 25 basis points, but National Ausralia Bank continuing to be the market leader with the
Northern Australian cattle producers say more stringent government regulations are giving exporters confidence, despite many of them sliding further into debt.
The Australian share market has opened flat with strength in materials stocks offsetting weakness across the financials sector after a disappointing trading session on Wall Street.
US stocks have closed mixed after China lowered interest rates to spur its slowing economy, while Federal Reserve Chairman Ben Bernanke dented stimulus hopes for the United States.
The Australian dollar has continued its upwards march back towards parity with its US counterpart following unexpectedly strong domestic employment data.
The long-running shortage of off-road tyres that has frustrated mining contractors looks set to be alleviated, after Goodyear announced the acquisition of Nippon Giant Tyre and a $250 million inves
Western Australia is divided over the state government’s $560 million Elizabeth Quay foreshore plan, with less than half of respondents to a new opinion poll saying they support the development.
Aurora Oil and Gas has announced it will be elevated into the S&P/ASX100 index later this month, making it the 11th WA-based firm to join the top 100 listed companies in Australia .
South Korea’s SK E&S has bought into Santos and ConocoPhillips’ Caldita Barossa gas discoveries in the Timor Sea, leading Santos to flag the potential development of a floating liquefied natura
Former Greens leader and outgoing senator Bob Brown has compared the fight over a proposed $30 billion Kimberley gas hub with his successful Franklin River dam campaign.
Indonesia's appetite for beef continues to rise and should lead to a recovery in live imports from Australian producers, a leading agribusiness firm says.
Australia's unemployment rose to 5.1 per cent in May, official figures show, while Western Australia’s jobless rate was steady at a nation-low 3.8 per cent.
BGC Construction will begin work next month on the $95 million redevelopment of nib Stadium, after the state government announced it as the successful bidder today.
US stocks jumped more than 2.3 per cent Wednesday after the European Central Bank said it would keep open its unlimited liquidity loans for eurozone banks at least through 2012.
The Australian dollar rose to its highest level against its American counterpart in more than two weeks following better than expected domestic growth data.
Australian stocks have closed higher for a second straight day despite giving up early gains after a closer inspection of the latest economic growth figures.
The value of Western Australian listed companies dipped by $18.7 billion over the month of May, mirroring the downward pressures on global financial markets, new research says.