NEWS.com.au | Business | Top Stories
Shares close down despite positive start
Gunns shares fall as mill declared 'dead'
AWB profit jumps as drought eases
Shares close down despite positive start
THE share market closed lower despite a positive start to the trading day.
CEO share sales in spotlightTHE Rudd Government is examining certain share market practices as a result of the volatility in financial markets, such as margin lending by corporate bosses.
Growth to slow, but economy OK - RBA- Our economy will avoid recession - RBA
- Rate cuts, stimulus plan to cushion
- Growth's biggest slump since mid-80s
SHARES in wood chipper Gunns dived today after former Tasmanian premier Paul Lennon said the controversial pulp mill project he supported appeared dead.
Trader shoots himself on trading floorA TRADER shot himself in the open outcry pit of Brazil's main financial exchange yesterday, in an apparent suicide attempt.
Sluggish growth boosts recession riskAUSTRALIA'S projected economic growth pace has suffered the biggest monthly slump since the mid-1980s, which increases the risk of a recession in early 2009, a report shows.
Shares open stronger as banks gainTHE share market has opened stronger led by the financial and resources sectors and after modest gains on Wall Street.
Babcock & Brown to slash jobs- Babcock & Brown set to halve workforce
- Will reinvent itself as infrastructure company
- Markets: Track Babcock's share price
WHEAT exporter and agricultural services group AWB has reported a 137 per cent rise in annual profit, after benefiting from strong demand for fertiliser, seeds and farm chemicals as drought conditions eased.
Oil prices mired under $US55OIL prices fell overnight in a market awash in worries over the slowing global economy and its negative impact on energy demand.
Wed, 19 Nov 2008 17:37:36 +1100
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NEWS.com.au | Business | Personal Finance
Gen Y not saving
Gen Y not saving
FOUR out of five young Australian women have a solid, sensible plan for their financial futures - they're going to live off their partner's income, according to a new survey.
Wed, 21 Nov 2007 16:43:47 +1100
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NEWS.com.au | Business | Property
Perth's house prices rise again
Perth's house prices rise again
PERTH house prices have clawed back ground lost in a mid year slump.
Non-bank lenders attack banks on rate riseNON-bank lender Resi Mortgage Corporation says the banks have misrepresented the true impact of the global credit crisis after a third big lender increased rates on home loans.
Building approvals surge, mostly in NSWTHE number of residential building approvals surged in November, but the jump was largely the result of growth in multi-unit dwelling approvals in New South Wales.
Housing affordability falls almost 10pcHOUSING affordability declined by almost 10 per cent over the past year, a report shows, and there appears to be little relief in sight for renters and those looking to enter the property market.
New home sales tumble 2.6pcTHE sale of new homes and units among Australia's largest builders and developers fell 2.6 per cent in November, according to new figures out today.
Price of Brisbane units increases 32pcTHE average price of new home units in Brisbane has increased by 32 per cent in the last quarter, according to new research.
What do you do when one mansion isn't enough?BROTHEL owner and racing identity Eddie Hayson is selling what could well be the most expensive house block on the market in Australia.
Tue, 19 Feb 2008 00:23:24 +1100
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