29/08/2008 | AMP says it is in a strong position to take advantage of an expected improvement in financial market conditions next year, after posting a fall in first-half net profit as the value of its investments...
29/08/2008 | The Australian sharemarket closed firmly in the black, driven by gains in resources and finance stocks after a positive lead from Wall Street overnight.
The benchmark S&P/ASX200 closed up 55.3 poi...
29/08/2008 | Gaming firm Tatts Group says all its businesses have good prospects in the current financial year and the first half should be solid.
Tatts booked a reported net profit of $257.6 million for 20...
29/08/2008 | Village Roadshow has boosted its full-year profit and says it is resilient in the face of difficult economic times as people escape to cinemas and into their homes with DVDs.
Village reported a 47...
28/08/2008 | Business for landscaping company Easycare Landscapes was hibernating in autumn but has sprung back to life.
The Pialligo business employs 16 staff, five part time. It faced a downturn of demand in M...
28/08/2008 | The Australian sharemarket ended flat yesterday as gains among the miners offset weaknesses in financial stocks.
The benchmark S&P/ASX200 closed 3.7 points, or 0.07 per cent, higher at 5011.2, whi...
28/08/2008 | Woodside Petroleum says it expects an even better production performance this half after posting record interim profit and revenues, beating analyst expectations.
Australia's second-largest oil an...
27/08/2008 | Fairfax Media shares rocketed yesterday after the company announced it would slash 550 jobs across Australia and New Zealand.
Fairfax said the move was necessary as it cut costs amid tightening econo...
27/08/2008 | The world's third-largest mining company, Rio Tinto, has forecast higher prices for its core commodities of iron, alumina and copper after delivering a record first-half profit.
Net profit for th...
26/08/2008 | Centro Properties Group says its efforts to raise new equity to help recapitalise the company are unlikely to be implemented by the end of the year, as planned.
The shopping centre owner had recei...
26/08/2008 | In a little over a week we will know just how well or badly the economy did in the June quarter.
It's nearly that time of the quarter when the Australian Bureau of Statistics gives its most compreh...
26/08/2008 | Rio Tinto shares rallied after Federal Treasurer Wayne Swan cleared the way for a Chinese state-owned aluminium maker's bid to increase its stake in the company.
Mr Swan approved Chinalco's stake of ...
26/08/2008 | The Australian share market closed higher for a second trading day on gains from the financial sector, after a strong lead from Wall Street over the weekend.
The benchmark S&P/ASX200 rose 83.5 points...
25/08/2008 | The federal government will introduce laws to cut payments to families where children repeatedly miss school.
25/08/2008 | ANZ Banking Group says it will have to wait to see whether it is going to create an individual provision for troubled investment house Babcock & Brown.
Chief executive Mike Smith continued to stan...
25/08/2008 | The Federal Government has approved Aluminium Corporation of China's proposal to acquire a stake in miner and takeover target Rio Tinto.
Federal Treasurer Wayne Swan said he had approved the acqui...
25/08/2008 | Caltex Australia says the Australian public has started to focus more on the crude oil price when it considers the cost of petrol.
Australia's biggest oil refiner also said it wouldn't mind if the...
25/08/2008 | BHP Billiton chief executive Marius Kloppers has acknowledged that some investors are ''sitting on the sideline'' while they await regulatory rulings on its takeover offer for Rio Tinto.
The comme...
25/08/2008 | Wall Street will brace itself for further disappointing figures from the US housing arena this week when numbers for sales of existing and new homes are issued today and tomorrow.
After econo...
22/08/2008 | Coles owner Wesfarmers has delivered a 33.6 per cent rise in annual profit and expects solid growth again this year despite the challenges posed by a tougher economic environment.
The group, whi...