Some 10 million Australians spend much of their online surfing accessing their Facebook accounts, with most using their mobile handsets as the preferred tool for posting updates and sharing contents on the popular social networking site.
Property developer Mirvac Group (ASX: MGR) has acquired Harold Park Paceway, Sydney, to be developed into a 1,200 lot masterplanned community, representing total forecast revenue of over $1 billion.
Construction materials specialist James Hardie Industries SE (ASX: JHX) announced today its chief executive, Mr Louis Gries, sold 148,000 James Hardie shares on 9 December 2010.
Local stocks are tracking sideways in early trade following a flat offshore lead.
Buyers wanting to take advantage of the opportunities offered by the New National Rental Affordability Scheme (NRAS) investment properties can now look at units available in Western Australia specifically, Gosnells, a suburb in southwest Perth.
Sir Ron Brierley is stepping down after a 20-year reign as chairman of investment firm Guinness Peat Group plc (GPG) at the close of business today.
Qantas Airways Ltd sought the protection of the Australian Federal Court for fear that Rolls Royce could win the favour of a British court and prevent the national carrier from seeking compensation on losses it incurred at the height of the Airbus A380 engine troubles in November.
The government has confirmed that NBN Co. will be responsible for connecting new homes to the national broadband network to developments with more than 100 premises and not property developers.
Origin Energy (ASX: ORG) said potentially toxic chemicals discovered in coal seam wells pose no major health risk after tests of water from its Australia Pacific LNG coal seam gas fields.
The Australian Dollar has opened firmer this morning, to be trading just under the USD0.9850 level, after receiving a boost from yesterday’s jobs data.
U.S. blue chip stocks slipped Thursday as mixed corporate news overshadowed an encouraging weekly jobs report.
New US claims for unemployment insurance (jobless claims) fell by 17,000 last week to 421,000.
The Aussie rallied quite sharply on Thursday hitting an intraday high of 0.9880 on the back of stronger-than-expected jobs data.
Former Astarra Director Shawn Richard faces jail term as he pleaded guilty to two charges of dishonest conduct in his financial services business.
Oil and gas explorer Beach Energy Ltd (ASX: BPT) Beach said today it has increased its relevant interest in Impress Energy Ltd (ASX: ITC) to above 45 percent, as a result of continued strong on-market acceptances by Impress shareholders.
U.S. stocks flitted in and out of negative territory as surging financial stocks outweighed declines in the materials sector.
Local stocks rallied to one month highs today as stronger than expected jobs data boosted investor sentiment.
The Brisbane City Council went ahead and approved a 12-storey building despite state orders to cut down building density in its West End area.
Caltex Australia appears to have rebounded from the losses in it incurred in 2009, achieving a much better profit in the current year and expressing optimism that full earnings would surpass last year’s results.
Caltex Australia (ASX: CTX) says it expects that the volatility in exchange rate will hit its full year profit for 2010.
Environmentally friendly buildings tend to be rated highly but fail to deliver promised results according to a British building consultant.
From diplomatic disclosures and embarrassments, the WikiLeaks controversies shifted its theatre of operation to commercial cyber battles as global hackers launched coordinated attacks on credit card websites that earlier halted payments being sent to the beleaguered whistle blower.
Westfield (ASX:WDC), one of the world's biggest shopping mall landlords, said its combined operational segment earnings are expected to be 93 cents per security, comprising 74.6 cents for Westfield Group and 18.5 cents for Westfield Retail Trust.
The rate of housing finance commitments for owner occupied homes increased by only 0.9 percent in October as opposed to a 1 percent increase in September according to the Australian Bureau of Statistics.
Housing affordability in the country dropped to a new low, the largest annual decrease in a decade according to the Deposit Power Housing Affordability Report released by the Real Estate Institute of Australia.
The Australian manufacturing industry appears to have fought off the uncertainty bug in the December quarter, assuming a more definite path as business activities, investments and profitability saw firm improvements in the period.
Nearly half of all Australians are not hopeful about the future of the economy a new report shows.
Development company, Stockland, has formalized plans to build one of the country's largest suburbs located at Melbourne's outer north at Kalkallo with a populations of 30,000.
Granting BHP Billiton continues to fly high at least within the next five years, the giant resources firms’ top executives are poised to be overwhelmed by windfalls that could see chief executive Marius Kloppers amassing some $71 million in share bonuses.
Two major developments slated for Melbourne's north and western suburbs will expand the city's scope and increase population by 37,000.
