BUSINESS

The Australian share market is expected to start in positive territory after the Dow Jones Industrial Average saw gains for the fourth consecutive day.

The consumer price index (CPI), the key measure of inflation, is believed to have increased in the June quarter by 1 per cent for an annual rate of 3.4 per cent, an AAP survey of 11 economists shows.

Developer Australand Property Group (ASX:ALZ) says housing affordability will become more and more difficult due to higher interest rates although the company remains well placed to meet Australia's housing shortage.

Australia's largest independent grocery network, IGA, has launched a new campaign on 25 July giving a voice to its customers from stores across the nation.Focusing on the global trend towards localisation and IGA's advantage of being able to tailor each store specifically to its local area, the camp...

Second quarter profits at credit card company American Express nearly triples, and came in well ahead of analyst estimates, as spending by card holders vaulted 16 per cent. American Express also benefited from having to put away less than half as much money to cover losses as it did in the previous ...

In an exciting development after the 2010 final, Coles is pleased to announce it has signed a new two year deal as the exclusive supermarket sponsor of Network Ten's MasterChef Australia.The new partnership will see Coles continue its relationship with the groundbreaking show in 2011 and 2012, inclu...

Kraft Foods announced plans to significantly increase the whole grain content in its leading Nabisco cracker brands, more than doubling the amount of whole grain currently used across the Nabisco portfolio. Over the next three years, some of America's favorite cracker brands, including Wheat Thins, ...

Neither major political party has a policy on something that affects every Australian, every day - food and groceries, the Australian Food and Grocery Council (AFGC) said today.Highlighting that Australia's $100 billion food and grocery industry is four times larger than the automotive sector and em...

The Australian market managed to hold onto gains but couldn't sustain itself above 4500

Westpac Banking Corporation (ASX: WBC) denied on Tuesday circulating speculations that the bank is about to launch a strategic move on Asia as it clarified that the company is maintaining its concentration on its Australasian business operations.

The Australian share market ran out of steam in late afternoon trade, however it still managed to notch up a third successive win, on the back of a strong lead from Wall Street.

Telstra (ASX:TLS), through its philanthropic arm, today committed $3.5 million to support five projects driven by Indigenous leaders to improve education, create leadership opportunities and promote cultural pride among young Indigenous Australians, according a statement from the Telstra foundation.

Optus today announced that it will offer the iPhone 4 in Australia on July 30 with a range of plans.

The Australian share market is slipping into bad habits, once again rallying on positive overseas leads before giving up the gains in the afternoon session.

Australian submarine- and ship-building company ASC announced today the appointment of Paul Gay as General Manager for its Air Warfare Destroyer Project.

Wesfarmers Ltd (ASX: WES) reported on Tuesday that coal production on its Premier mine site near Collie in Western Australia suffered an output decline of 7.6 percent in the June quarter.

Sir Richard Branson launched the first phase of Virgin Money's new range of banking products this morning, heralding a new era of competition for the Australian banking industry.

Uranium is quickly attracting the attention of the speculative investment community.

Uranium is quickly attracting the attention of the speculative investment community.

Real estate developer Australand Property Group (ASX: ALZ) said on Tuesday that its half-year net profit has more than doubled, enabling the company to reach its full year earnings guidance for fiscal year 2010.

More than 50 percent of Australian executives are being negatively affected by late payments, according to a survey by Dun & Bradstreet.

Newcrest Mining Ltd (ASX:NCM) has signed a Heads of Agreement to obtain at least a 7.1 per cent stake in British firm Sumatra Copper and Gold Plc.

The local stock market started on a strong footing this morning on the back of better than expected new home sales in the US. This is the second day of positive moves for the local bourse, with base metal prices also lending support.

The National Highway Traffic Safety Administration (NHTSA) said Monday that Nissan is recalling 46,000 units of the 2009-2010 Cube due to possible problems with fuel spilling during rear end collisions.

The market is up 25. The SFE Futures were up 26 this morning.Wall Street closed up 100 overnight. It was the third strai...

Victoria’s train services suffered chaotic delays on Tuesday morning as power was cut on Metro’s transport system at about 0500 AEST when a train got entangled by overhead broken wires between South Cross station and North Melbourne station.

Number two in our series of book reviews this week.

UK's financial services giant Virgin Money has selected Sydney for its new headquarters in Australia.

Eight out of ten Australians are concerned about a lack of infrastructure and affordable housing amid the expanding and ageing population, according to new research findings.