Shadow finance minister Andrew Robb has urged Australians to accept an ‘oligopoly economy’, saying it is important for companies in key …
Shadow finance minister Andrew Robb has urged Australians to accept an ‘oligopoly economy’, saying it is important for companies in key …
Coles’ parent company, Wesfarmers, has reported a full year profit of $2.26 billion for the year to June, with chief executive Richard Goy…
The European Union has ended its recession with a second quarter growth rate of 0.3% led by a robust 0.7% gain in Germany and 0.5% in France…
The nation’s largest property developer, Stockland, has told investors it believes the residential property market is due for a recovery. …
David Jones has signed a retail brand management deal with Dick Smith, which will see the consumer electronics retailer manage the business …
The Commonwealth Bank is expected to report a record full-year profit of $7.6 billion after once-off items, up from $7.1 billion a year earl…
Australia will face recession if the Chinese economy grows by 5% or less, ratings agency Standard and Poor’s warns. In such a worst cas…
BHP Billiton chief executive Andrew Mackenzie has turned down a request by Chinese Premier Li Keqiang for cheaper iron ore prices. Accord…
The Reserve Bank cut the official cash rate by 25 basis points to a record low of 2.5% yesterday, with Westpac cutting its advertised variab…
Virgin Australia’s balance sheet is set to slump to a loss of between $95 million and $110 million, with management blaming the carbon tax…
Business groups have welcomed Kevin Rudd’s announcement of an election on September 7, saying the certainty that comes with an election ou…
Federal Treasurer Chris Bowen is set to announce a 0.05% to 0.1% levy on all Australian bank deposits up to $250,000, with the funds set to …
