Wesfarmers is selling its Australian and New Zealand underwriting insurance business to Insurance Australia Group for $1.845 billion, in a m…
Wesfarmers is selling its Australian and New Zealand underwriting insurance business to Insurance Australia Group for $1.845 billion, in a m…
The Australian dollar has plunged to a three month low following negativity about the Australian economy. The currency was trading at $US…
The Federal Government’s budget deficit for the 2012 financial year has come in slightly lower than the May estimate. Treasurer Wayne S…
The Federal Government won’t confirm reports it is planning to spend $1.4 billion topping up the private sector wages of childcare workers f…
The Reserve Bank says it has room to cut interest rates further to support the economy in the face of falling commodity prices, the high Aus…
Shares in supermarket giant Woolworths have fallen 2.8% to $28 this morning after it announced a $420 million write-down for the group’s Dic…
The unemployment rate remained steady during July, according to the latest figures from the Australian Bureau of Statistics. The unemploy…
Business confidence and conditions both fell in the June quarter, according to the latest NAB business survey. The survey showed that bus…
The pace of economic growth will continue to grow during the second half of the year and into 2013, according to the latest result from the …
The Australian stock market opened sharply higher after the crucial Greek election that saw the pro-austerity, pro-euro New Democracy party …
The Reserve Bank of Australia (RBA) says that it will use next week’s consumer price index data to decide at its next meeting whether it wil…
The Australian dollar has now reached its lowest point since January, now trading at just $US1.02c. The low point comes after the Spanish …