BUSINESS

The developer of the award winning game "L.A. Noire" has entered administration according to a report from the Australian Securities and Investments Commission.

Jetstar, Australia's low cost carrier, is looking at expanding presence in China to fuel the company’s long-term growth

CSR has announced a restructure of its Viridian Glass business that will cause about 110 redundancies, in a bid to lift profits.

Demand for fixed interest rate home loans increased by less than 1 percent of approvals over August despite lenders offering large reductions to the cost of their fixed term loans, according to one of Australia’s largest independently-owned mortgage broker.

Telstra Corporation is far from being alarmed over the assessment issued this week by the country’s consumer watchdog, stating that the present form of its structural separation undertaking (SSU) leaves more room for improvements.

A brief ray of sunshine shone on overwhelmed retailers with the Australian Bureau of Statistics revealing that retail stores sales increased by 0.5 percent in July beating the predicted 0.3 rise by economists.

ASIC has launched another surveillance program aimed at ferreting out unlicensed credit providers.

Japan's newest Prime Minister, Yoshihiko Noda, has revealed the members of his new cabinet in Tokyo on Friday after being sworn in as the country's third leader in a short span of less than a year.

The commercial market is quiet, but the next few months could see a flood of interest .

The FBAA will not consider a merger with rival body the MFAA, and the industry is in fact better off with two separate representative associations, according to FBAA president Peter White.

If anyone needed proof of the unique Australian obsession with property as a method of quick capital gain, they need look no further than hit TV show "The Block."

Samsung launched what it calls the "largest screen size with smartphone portability" on Thursday at the IFA technology show in Berlin.

A non-government organization has identified Apple Inc. as one main contributors to environmental pollution in China.

The MFAA will join forces with ASIC to combat mortgage stress, it has been revealed.

The story about the lost iPhone 5 prototype in a San Francisco bar is now looking less probable.

There is no stopping Australia’s resources boom and it appears that investors are racing to cash-in on the surging profits projected from mining activities, according to the latest figures issued on Friday by the Australian Bureau of Statistics (ABS).

CEOs in Sydney and Melbourne are being asked to swap their suits for fluoro vests and try their hand at selling The Big Issue magazine to support homeless and disadvantaged people.

At its current pace of construction, Australia could face a housing shortfall of half a million homes by 2020, the HIA has claimed.

As we once again approach a monthly Reserve Bank board meeting, the Australian economy is not providing any guidance for the central bank, or individuals.

The wait is finally over. The finalists for the 10th annual Australian Mortgage Awards (AMAs) have been revealed.

National Mortgage Brokers has predicted brokers will continue to go from strength to strength as it turned 10 yesterday.

By Greg PeelNo one wants the US dollar to cease being the world's reserve currency ? at least not just yet.

By Greg PeelThe Dow closed down 119 points or 1.0% while the S&P fell 1.2% to 1204 and the Nasdaq lost 1.

US ICSC comparable chain store sales rose 4.6pct in August compared with a year earlier. Wholesale and luxury retailers recorded the bulk of the growth. US ISM-Manufacturing fell from 50.9 to 50.6 in July

U.S. stocks kicked off September on a sour note, snapping a four-day winning streak as financials weakened and investors expressed repidation ahead of the government's monthly jobs report.

Australian construction firm CSR announced a $22-million restructuring program after facing tough competition from cheap Chinese glass imports on the back of the high Australian dollar. The restructuring will affect some 115 jobs, The Australian reported on Thursday.

Planning Minister John Day is calling for expressions of interest from interested parties to purchase land in the Perth City Link in Western Australia, touted as the most significant inner-city development opportunity in more than a century.

Hold your breath, Apple Inc.'s iPhone 5 is expected to debut in October.

Federal Court ruling dismays Australian shareholders and investors for its failure to impose penalties on six directors of Centro Properties Group despite violating corporate laws. The court's decision to fine former Centro CEO Andrew Scott was also criticized.