The Australian share market got off to a flier this morning, before slipping, spiking and sliding again to be trading just under 3,900 points, in a volatile start to the week's trading.
The Reserve Bank of Australia should cut interest rates because the local economy is starting to tank with some sectors already in recession, the federal opposition says.
US stocks halted their downward slide on Friday, with the Dow Jones Industrial Average hovering just above the break-even mark at the close, despite ongoing gloom about the state of the global econ
The Australian share market closed at a more than two-year low, with both major indices closing below the significant 4,000 point mark as investors fretted about the possibility of a global recessi
The Australian share market was firmly in the red at noon following tumbles on Wall Street and European bourses overnight, as a cocktail of negative economic data weighed on investor sentiment.
The Australian share market closed more than 2.6 per cent lower to its weakest close in more than two years, amid global uncertainty following big falls on Wall Street over a downgraded economic ou
The Australian share market opened higher this morning as a better-than-expected performance on Wall Street drew some investors back into the heavily sold-off local market.
US stocks drifted mostly lower Tuesday amid Greek debt concerns and as investors awaited the end of a Federal Reserve policy meeting hoping for new stimulus for the economy.
Wall Street celebrated after tech companies and industrials powered US stock markets to five straight days of growth, despite continuing fears over Europe's debt crisis.
Australia’s largest print and design network, Snap Franchising, has announced it will shift its head office out of Perth, after appointing Stephen Edwards to succeed Grant Vernon as chief executive
Two Australian companies, banking group Westpac and property company Stockland, along with international coal miner Xstrata, have been ranked as the world's most sustainable companies in their
NRW Holdings has announced a record net profit of $41.2 million for the year to June 30, on the back of record levels of work for its civil contracting business and the continued strong performance
WESTERN Australian law firms Clayton Utz, Blake Dawson, and DLA Piper have added new partners to their practices in the past week, while a long-serving member of staff has retired from Norton Rose.
The number of home loans approved in March rose by 2.1 per cent on February in Western Australia, in contrast to a 10-year low in housing finance approvals nationally.
The growing number of high-net-worth individuals in Perth has attracted one of the more exclusive players providing advice in that realm – The Myer Family Company.
Consolidated Minerals has urged shareholders of OM Holdings to reject its proposed dual listing on the Hong Kong Stock Exchange, and has flagged major changes to the OM Holdings board.
MANY Rivers Microfinance has undergone a rapid expansion of its operations in the Kimberley, Pilbara, and Goldfields regions since its arrival in Western Australia last year.
Perth-based WHL Energy says its heavily oversubscribed $10 million share placement will provide the funds to progress its Seychelles oil and gas project towards farm-out and drilling.
Perth-based gold miner Focus Minerals says it will raise $40 million to accelerate production at its greenfields Treasure Island gold project near Kalgoorlie, through an institutional placement and share purchase plan.
AMP says the year ahead remains uncertain for the wealth manager despite overcoming market volatility and consumer caution to post a five per cent increase in full year net profit.
Radhika Oswal will argue in the Supreme Court of Victoria that ANZ invalidly appointed PPB Advisory as receivers and managers over Burrup Fertilisers, because she believes Burrup was never in default of its debt repayments to the bank.
Westpac Banking Corporation chief executive Gail Kelly says business credit demand is likely to pick up in the second half of fiscal 2011, and could rebound quite quickly.
Interest rates are not excessively restrictive but Australians are becoming more cautious about their funds, Reserve Bank of Australia governor Glenn Stevens says.
Bankwest has recovered from last year's slump with an interim net profit of $224 million, after reducing its impaired loans expense and cutting business lending by 10 per cent.
