Australian Market Report. Australian shares rose 0.1 per cent but pared back stronger earlier gains as caution set in ahead of key economic and earnings news. More...
Senior bankers say the short-term outlook for the economy remains bleak. More...
The nation's trade deficit has blown out, with exports falling at a faster rate than imports in May. More...
They have been two of Qantas's most profitable routes but the combination of slumping demand, the cheapest fares in decades, and the arrival of two new carriers today have created a discount war on the Sydney-Melbourne and Australia-US routes. More...
Australia's credit unions and building societies have experienced strong growth in retail deposits at the expense of regional banks. More...
China has won an undeclared war against Japan to become Australia's biggest export customer. More...
Rupert Murdoch's No. 2, Chase Carey, may not have the final say, but he has up to $53.6 million worth of reasons not to disagree with his boss. More...
Rio Tinto expects a strong take-up of the local portion of its mammoth $US15.2 billion ($A19bn) rights issue following a 97 per cent take-up of the rights in its London-listed stock. More...
Holden's financial accounts depict a company in strife at the end of last year, and its uncertain future was duly noted in the company accounts. More...
Long-serving Bendigo and Adelaide Bank chief executive Rob Hunt has hit out at his bigger rivals as he prepares to step down today, saying the Federal Government's wholesale funding guarantee reinforced the privileged position of the Big Four rivals. More...
The Hedley Leisure & Gaming Fund, founded and majority owned by embattled pub baron Tom Hedley, yesterday played down any fallout from the collapse of his private empire just 24 hours earlier. More...
Tom Hedley lives in a modest dwelling annexed to the Red Beret Hotel in the hills outside Cairns. More...
National Australia Bank has capitalised on the freeze in international credit markets and a resulting fall in prices by offering to buy back $US250 million ($309 million) of long-term borrowings at a substantial discount to face value. More...
Thousands of Timbercorp timber growers have been thrown a lifeline in the form of news that a consortium led by a superannuation fund may buy their trees More...
The veteran Macquarie Group chairman, David Clarke, has lightened his workload before his return to the investment bank. Yesterday he quit several chairman roles, including his post at the industrial property giant, Goodman Group. More...
Santos has broken a recent lull in coal seam gas sector consolidation by paying $476 million in two transactions to grab more ground in the prospective Gunnedah Basin of NSW. More...
Marine phosphate mining hopeful Minemakers has taken a large stake in joint-venture partner Union Resources, which it recently trumped in a takeover war for Bonaparte Diamond Mines. More...
Woodside Petroleum says start-up costs at its proposed Browse LNG development in the Kimberley will be far from a widely speculated $50 billion. More...
The 950 remaining workers at Townsville's Yabulu nickel refinery should have a better idea of their fate once BHP Billiton makes a decision on what to do with the plant in coming weeks. More...
BHP Billiton and Mithril Resources have pulled out of the Silver Swan North nickel and gold joint venture, with ownership of the project reverting to FerrAus. More...
Gladstone is enjoying a spike in coal demand from India and China that is more than making up for a drop in demand from traditional customers. More...
More than 100 Allens Arthur Robinson staff have left the top-tier firm, choosing to take voluntarily redundancies, in a move that will avoid a firm-wide forced redundancy program. More...
Bank of Queensland has raised $750million in a government-guaranteed domestic bond issue that was three times oversubscribed on the $500m sought originally. More...
Hundreds of thousands of Commonwealth Bank customers continue to find their NetBank accounts in disarray, four days after the bank said it may have been the victim of a cyber attack. More...
Australia's only listed health insurer, NIB Holdings, says it expects economic conditions to remain difficult this financial year despite better than expected growth in the number of policyholders. More...
Optus could face a costly backlash from its dealer network as seven parties prepare to file a class action More...
An exclusive agreement between leading property group Lend Lease and a London council for the multi-billion-dollar Elephant and Castle redevelopment lapsed this week without an agreement. More...
Simon Marais, the largest investor in Valad Property Group, said yesterday the Sydney-based highly-geared company would now survive, following a deal with the Bank of Scotland. More...
The family owned Melbourne-based retailer Besen Group has granted an option over a third of its 50 per cent share of Highpoint Shopping Centre, one of Australia's top centres, to the GPT Group. More...
The Esky brand is the latest Australian icon to become foreign-owned after Coleman buys the beer cooler from Nylex. More...
Glenda Korporaal. Australian home buyers and businesses are not expected to get any relief when the RBA board meets next week. More...
John Durie. Macquarie and Challenger face investigation, along with Commonwealth Bank and Bank of Queensland. More...
Malcolm Maiden. The Australian arm of Rio Tinto has about 150,000 retail shareholders, three times more than the London arm, and for that reason the local take-up of Rio's $US15.2 billion ($A18.9 billion) share offer may be slightly lower than the 97 per cent level achieved in Britain More...
Elizabeth Knight. There is a Chinese proverb: "He who seeks revenge should remember to dig two graves." Chinalco delivered a message yesterday to Rio Tinto when it announced that it had taken up its entitlement to the $US15.2 billion ($18.9 billion) Rio rights issue More...
Alan Kohler. Telstra's IT transformation has become a sort of Kafkaesque metamorphosis into a cockroach. David Thodey must get it right before the company is forced to split into two More...
Robert Gottliebsen. Australia's superannuation review could turn into a kangaroo court without representation from self-managed super funds, especially if you look at the government's strangely skewed data on the sector More...
Bryan Frith. The responsible entity for Hastings Diversified Utilities Fund foisted a $250 million capital raising on securityholders as an alternative to selling the fund's main undertaking, its Epic Energy gas pipeline operator, and possibly transferring control of the fund. More...
Tony Boyd. After years of delays, the last chapter in the One.Tel saga may soon be written, with former directors James Packer and Lachlan Murdoch facing the prospect of legal action in the near future More...
U.S. Market Report. An updated report of the latest action on Wall Street More...
World Market Report. An updated report of the worlds' latest market movements More...
The number of jobs lost in the US last month came in at 467,000, which is much more than had been expected. More...
Governor Arnold Schwarzenegger declares a fiscal emergency in California to deal with a $US24.3bn deficit. More...
The U.S. Treasury will hold four auctions next week for the first time to sell $US73 billion of notes, bonds and inflation-protected securities as the U.S. accelerates debt sales to finance a record budget deficit. More...
Economic growth of 7% in India is possible this year, according to a report from the country's finance ministry. More...
China, the largest holder of foreign currency reserves, renewed its call for a stable dollar and damped speculation the nation is seeking talks on a new international currency at next week's Group of Eight meeting. More...
The unemployment rate across the 16 countries using the euro rose to 9.5% in May from 9.3% in April, data from the Eurostat agency has shown. More...
The European Central Bank's (ECB) rate-setters have kept their key rate unchanged at 1.0% for another month following their regular meeting. More...
Japan's recovery from its worst postwar recession may lose momentum as companies cut investment and job losses undermine consumer spending. More...
Foreign direct investment in China faces "unprecedented difficulties" after falling for eight months, the longest stretch of declines this decade, Vice Commerce Minister Chen Jian said More...
Morgan Stanley may report a third straight loss because of accounting charges related to an improvement in the company's own debt and the cost of repaying $10 billion in government bailout money. More...
Chrysler Group LLC, the automaker run by Fiat SpA, will sell four models of the Italian carmaker's 500 subcompact in the U.S., Chief Executive Officer Sergio Marchionne said More...
President Obama is pouring $US13 billion into an ambitious high-speed rail project. Some say it will never make money. Some say it will. And still others say profit is not even the point. More...
General Motors returned to bankruptcy court Thursday for closing arguments seeking approval of its plan to restructure and create a "new GM." More...
Johnson & Johnson agreed to pay $1 billion for a stake in Elan Corp. and will develop the Irish drugmaker's medicines against Alzheimer's disease. More...
OAO Gazprom, the Russian company that ships a quarter of Europe's gas, is seeking supply deals in the Caspian, Africa and around the world to anchor its lead in areas where European buyers may turn to rival producers. More...
Paul La Monica. The U.S. economy may be in better shape now than six months ago, but the June jobs report proves that the recovery is not going to be quick. More...