20/08/2008 | Boral's full-year net profit has dropped by 18.6 per cent, dragged down by an earnings loss at its US business which is likely to worsen this year on that country's ongoing housing slump.
But the $24...
20/08/2008 | Qantas chief financial officer Peter Gregg has resigned.
Mr Gregg has announced his departure just weeks after the company named Jetstar head Alan Joyce as its new chief executive to replace Geoff Di...
20/08/2008 | Virgin Blue shares have plunged by more than 20 per cent after the carrier posted a 55 per cent drop in annual profit due to higher fuel prices and warned of a challenging year ahead.
Virgin Blue fe...
20/08/2008 | Australia's second-biggest steel maker, OneSteel, says the outlook for the resources sector and steel prices remains strong.
OneSteel said yesterday its net profit for the 12 months to June 30 c...
20/08/2008 | The resignation of Pakistan's President Pervez Musharraf could create instability with repercussions for the 1000 Australian troops fighting the Taliban in neighbouring Afghanistan, the Australian Gov...
20/08/2008 | The Australian sharemarket closed more than 2 per cent lower yesterday, dragged down by the resource and financial sectors and a weak lead from Wall Street overnight.
The benchmark S&P/ASX200 was ...
19/08/2008 | BHP Billiton, the world's largest mining company, expects demand for commodities and growth from China to remain strong, after delivering another record profit.
Profit for the year to June30 rose ...
19/08/2008 | A popular saying in management circles is if you fail to plan, you plan to fail.
But it seems family-run businesses are struggling to embrace the concept credited to motivational speaker Harvey Ma...
19/08/2008 | The sharemarket nudged a little higher yesterday, after drawing to a flat close last week, as gold and oil prices rose.
The benchmark S&P/ASX200 index rose 3.3 points to 4985, while the broader A...
18/08/2008 | Commonwealth Bank of Australia chief executive Ralph Norris says the credit crunch, which dragged on the bank's full-year earnings, is likely to last another 12 to 18 months.
Mr Norris told ABC TV...
18/08/2008 | Oil fell to its lowest price in three months on Friday, briefly touching the $US111 level after the US dollar muscled higher and OPEC predicted the world's thirst for fuel next year would fall to its ...
18/08/2008 | The Federal Government has scrapped a plan to temporarily close Sydney Airport's east-west runway, saying the move will mean a fairer sharing of increased aircraft noise in nearby suburbs.
But a g...
18/08/2008 | Debt-laden property investor City Pacific has suspended monthly distribution payments to unit holders for July and August in one of its key funds, citing continuing market volatility.
The besiege...
18/08/2008 | Telstra Corp chief executive Sol Trujillo says Australia's biggest telecommunications company has many options for growth, including offshore expansion, even if it doesn't build the national broadband...
15/08/2008 | The sharemarket rose yesterday after stronger commodity prices bolstered resource stocks and countered a negative US lead.
However, overall gains were capped by weakness in the banking sector towa...
15/08/2008 | Leighton Holdings has forecast net profit to increase by at least 15 per cent this year as Australia's biggest construction firm continues to benefit from spending on infrastructure and resource deve...
15/08/2008 | Federal Treasury says it doesn't believe it is necessary to establish a government body or ''Aussie Mac'' to acquire mortgage-backed securities from Australian lenders.
However, it is encouraging ...
14/08/2008 | The Commonwealth Bank has lifted its profit by 7 per cent and forecast economic growth to ease to a modest pace amid continued headwinds from the global credit crunch.
Net profit for the year ende...
14/08/2008 | Privately owned broking house Shaw Stockbroking will spin off its financial news website, Egoli, into an independent company ahead of a possible float of the business.
The separation of Egoli from it...
14/08/2008 | The annual earnings of home builder AV Jennings have been affected by a sluggish NSW housing market.
But the company says it is well positioned to take advantage of the next growth cycle. It report...