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Housing and retail to make a comeback

Housing and retail to make a comeback

14 May 2013, 19:42 PM

It may have suffered a few bruises from falling commodity prices and a stubbornly high dollar but the Australian economy is expected to make a comeback. Read more

Swan points deficit blame at $A

14 May 2013, 19:42 PM

Wayne Swan has pointed the finger squarely at the Australian dollar for preventing the budget from returning to surplus for another three years. Read more

Blog: The winning costs of Eurovision 2013

Blog: The winning costs of Eurovision 2013

14 May 2013, 19:24 PM

Australia | The 2013 Eurovision Song Contest in Malmo, Sweden, will be held at a time when many parts of the eurozone struggle with recession, writes Ricardo Goncalves.
Read more

Chrysler recalls 469,000 4WDs worldwide

Chrysler recalls 469,000 4WDs worldwide

14 May 2013, 17:30 PM

Chrysler is recalling 469,000 older model four-wheel drive vehicles worldwide to fix an electrical problem. Read more

Macmahon shares soar on update

14 May 2013, 14:45 PM

Mining services provider Macmahon Holdings' shares have jumped after the company provided a cautious but positive update. Read more

Home loans rise at fastest pace since 2009

Home loans rise at fastest pace since 2009

14 May 2013, 13:54 PM

Australia | Owner-occupier mortgages have grown at the fastest pace since 2009, but economists still see room for more interest rate cuts. Read more

Union wants cooks to earn $230,000 a year

Union wants cooks to earn $230,000 a year

14 May 2013, 13:54 PM

Australia | Union demands that cooks at offshore gas plants earn up to $230,000 have prompted government warnings about killing the resources "golden goose". Read more

Head of hacker-powered stock scam jailed

14 May 2013, 13:18 PM

A US man has gone to prison for orchestrating a hacker-powered scam to pump up stock prices and then dump inflated shares. Read more

Aussie dollar stuck around parity

Aussie dollar stuck around parity

13 May 2013, 20:49 PM

Australia | The Australian dollar is stuck around the 100 US cent mark as expectations grow that stimulus efforts in the world's largest economy will be wound back. Read more

US dollar jumps in Asian trade

13 May 2013, 20:11 PM

The US dollar has jumped in Asian trade after the G7 meeting, as the yen continued to weaken. Read more

Aurizon sale expected to draw interest

13 May 2013, 18:16 PM

Aurizon's move to sell part of its rail network infrastructure business is expected to be popular and free up billions of dollars. Read more

Gas price must be dealt with: Incitec

13 May 2013, 16:17 PM

Explosives and fertiliser maker Incitec Pivot has urged action to deal with soaring local gas prices as it posted a fall in profit. Read more

Credit card rates steady despite RBA cuts

Credit card rates steady despite RBA cuts

13 May 2013, 16:06 PM

Australia | Credit card interest rates have barely moved over the years, putting them out of step with the Reserve cash rate.
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BAE Systems to slash 100 positions

13 May 2013, 16:06 PM

BAE Systems will cut 100 positions, mostly in South Australia, and restructure part of the business to save $15 million. Read more

Home loan approvals surge in March

Home loan approvals surge in March

13 May 2013, 15:50 PM

A surge in home loan approvals in March is further proof Australia's housing sector is recovering after a difficult couple of years. Read more

Samsung announces 5G data breakthrough

13 May 2013, 15:40 PM

Samsung Electronics says it has successfully tested super-fast fifth-generation (5G) wireless technology. Read more

Business confidence falls ahead of budget

13 May 2013, 15:40 PM

NAB's business confidence reading has fallen as companies worry about the federal budget and subdued global growth. Read more

Stockland cuts earnings guidance

13 May 2013, 15:27 PM

Property developer Stockland says its earnings will be lower this financial year because of changes it is making to reduce costs. Read more

Dulux says more rate cuts could be needed

Dulux says more rate cuts could be needed

13 May 2013, 12:38 PM

Paint maker Dulux Group hopes the new housing market will pick up later in the year, but deeper interest rate cuts might be necessary to stimulate housing Read more

Westfield Trust: shoppers still cautious

Westfield Trust: shoppers still cautious

13 May 2013, 12:07 PM

Westfield Retail Trust managing director Domenic Panaccio says Australian shoppers are still cautious despite consumer confidence improving. Read more

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