BUSINESS

Australian stocks made small gains as losses among big miners were offset by higher retail and industrial shares.

Admin System Jan 11, 2011

The Australian share market managed a small win today, after trading in the red for most of the session.

Admin System Jan 11, 2011

Transfield Services (ASX: TSE), an Australian provider of operations, maintenance, asset management and project management services, says its earnings have not been materially impacted by the Queensland floods.

Sharon Olalia Jan 11, 2011

Customers of Wesfarmer’s (ASX: WES) Coles supermarkets have donated over $1 million to help the victims of the Queensland flood disaster.

Sharon Olalia Jan 11, 2011

Arc Exploration (ASX: ARX) had recommenced on its highly prospective West Papua project held under a strategic alliance with global mining player Anglo American.

Sharon Olalia Jan 10, 2011

Flood damages to coal hauler QR National’s rail network could reach $46 million, severely affecting the company’s earnings for the fiscal year, says analysts.

Admin System Jan 10, 2011

Australians' demand for fixed rate home loans has not been this high since May 2008, according to loan approval figures from the country's largest independently-owned mortgage broker.

Sharon Olalia Jan 10, 2011

Retail trade increased in November 2010 with turnover rising by 0.3 percent from a 0.8 percent decline in October.

Admin System Jan 10, 2011

Activity in Australia's construction industry remained relatively subdued in December last year, according to the the latest Australian Industry Group Australian Performance of Construction Index (PCI).

Sharon Olalia Jan 10, 2011

Dwelling approvals in the country dropped by 4.2 percent in November 2010 says the Australia Bureau of Statistics Building Approvals.

Admin System Jan 10, 2011

Construction activity in Australia in December continued to decline with only the engineering construction showing improvement.

Admin System Jan 10, 2011

Virgin Blue Group (ASX: VBA) and Skywest airlines have inked a 10 year strategic alliance to service regional Australia with Skywest operating up to 18 new Virgin Blue branded turbo prop aircraft to a number of existing and new destinations around Australia.

Sharon Olalia Jan 10, 2011

Local stocks have started the trading week on a muted note, following a weak offshore lead and a fall in commodity prices.

Admin System Jan 10, 2011

As major Australian retailers push for tax for online purchases, Australians are forecast to spend $36.8 billion by 2013 says PayPal Australia.

Admin System Jan 10, 2011

The Australian dollar opens up little changed form Friday’s level in the low 0.9900’s after the release of US employment data on Friday night which generally disappointed the market.

Admin System Jan 10, 2011

The financial sector led a drop in U.S. stocks Friday as an adverse foreclosure ruling for banks in a Massachusetts court gave investors another cause for concern, in addition to a disappointing jobs report.

Admin System Jan 10, 2011

US non-farm payrolls (employment) rose by 103,000 in December, short of expectations for a lift of 150,000.

Admin System Jan 10, 2011

The Aussie continues to be on the back foot against the Greenback as a raft of positive releases Stateside indicated that the US economy is heading in the right direction and the that F.O.M.C. will continue with QE2 over the next several months.

Admin System Jan 10, 2011

Properties found in the New South Wales region of Northern Rivers are selling well with Wollongbar becoming the most popular area.

Admin System Jan 08, 2011

The company announced it will return $800 million via a fully franked special dividend of just under $140 million, nd a proposed capital return of $661 million, subject to shareholder approval.

Sharon Olalia Jan 07, 2011

Government funded National Broadband Network operator NBN Co today reminded Australia's development industry of new arrangements to provide fibre broadband infrastructure in new estates.

Sharon Olalia Jan 07, 2011

Queensland’s floodwaters struck a blow to local tourism in addition to losses incurred from production losses in the mining and agriculture industry.

Admin System Jan 07, 2011

Australia’s north-east is expecting more heavy rainfall that will only worsen the already flooded state.

Admin System Jan 07, 2011

Equinox Minerals Ltd (TSX and ASX: EQN) has initiated compulsory acquisition procedures under the Australian Corporations Act to acquire all remaining shares in Citadel Resource Group Ltd. The company has a relevant interest of 90.59 per cent in Citadel.

Sharon Olalia Jan 07, 2011

Perth’s property market is on the upswing with building approvals increasing for the third month in a row based on figures reported by the Australian Bureau of Statistics.

Admin System Jan 07, 2011

Retail mogul Gerry Harvey remains committed on his stand to GST on Australian consumers’ internet-based shopping despite the backlash spawned by his campaign.

Erik Pineda Jan 07, 2011

The Insurance Council of Australia (ICA) has re-affirmed the commitment and focus of the general insurance industry in assisting policyholders affected by the Queensland floods.

Sharon Olalia Jan 07, 2011

Home builders have joined forces to offer affordable housing in eight Satterley estates across Western Australia.

Admin System Jan 07, 2011

Former Fairfax Media executive Sankar Narayan has been appointed as Virgin Blue Holdings Ltd's (ASX:VBA) new chief financial officer.

Sharon Olalia Jan 07, 2011