No dividend as RBA focuses on strengthening capital reserve
The Reserve Bank has notched up its biggest profit in four years, making $4.3 billion in the year to June, thanks to the sharp fall in the Australian dollar.
Mining slowdown hits PacBrands
Pacific Brands has become an unlikely victim of the mining slowdown, with a fall in jobs in construction and resources leading to weaker sales of its workwear brands such as Hard Yakka.
No dividend as RBA focuses on strengthening capital reserve
The Reserve Bank has notched up its biggest profit in four years, making $4.3 billion in the year to June, thanks to the sharp fall in the Australian dollar.
Newcrest battens down the hatches
Newcrest Mining has indicated it is preparing for further gold price declines that could lead to more asset write-downs. At the same time, a low gold price could open the door for Newcrest to buy assets on the cheap.
Big banks the brawn behind a strong finish
The sharemarket finished higher, driven by strong gains among the big banks, as the share price of Australia's biggest lender, Commonwealth Bank, surged to a record high.
Sugar-dependent industries could be facing leaner times
Food manufacturers could be facing their tobacco moment as growing consumer awareness on wellbeing turns towards commodities such as sugar, according to a global report by the Credit Suisse Research Institute.
Paperlinx says hybrid buyout is a watershed moment
A challenge by hybrid holders to the buyout plan is thwarting attempts to move on after large losses, managing director Price says.
Phosphagenic's 14-year record surge
Phosphagenics enjoyed its best one-day surge in over 14 years today after management finally delivered something shareholders could cheer about.
Veda seeks to raise $340 million in a December IPO
Pacific Equity Partners will retain a majority stake in the credit-checking company.
Aust stocks close higher
Local market lifts on surge in major banks ahead of full-year results releases.
Spain still struggling to find its feet
The glimmer of hope in Spain's GDP numbers won't be enough to drag it out of a lost decade. With few levers available, the Spanish government can only cut its way to growth - a policy that's unlikely to work.
Business Accelerators: The customer is kingmaker
Apple Tree Inn in Donnybrook WA is trying to grow its online presence and gain patrons for its restaurant, bar and backpackers. Rather than engage in expensive marketing programs, find out how the owners can use happy customers and social media to drum up business.
NCM to escape AGM unscathed
Proxy votes suggest miner's directors and remuneration report will be endorsed.
Aust stocks lift slightly at noon
Local market gains after sell-offs yesterday and falls on international markets.
Warrnambool maintains support for Saputo bid
The dairy company's chairman Terence Richardson still backs the Canadian takeover offer.