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Latest Business News

iiNet agrees to buy AAPT consumer div

iiNet has bolstered its position as one of Australia's major telecommunications providers, agreeing to buy the AAPT consumer division from Telecom NZ.

AAP - Friday 30 July 2010 04:30PM

Rates tipped to stay on hold - for now

Borrowers will be spared an interest rate rise on Tuesday and it's unlikely that there will be another rate rise until the end of the year.

AAP - Friday 30 July 2010 04:03PM

Japan's unemployment rises

Japan's unemployment rate rose to 5.3 per cent in June, rising by 0.1 percentage points from the previous month, government data shows.

AFP - Friday 30 July 2010 10:25AM

US stocks surge as jobless claims fall

US stock markets surged on Thursday on news of an unexpected fall in jobless claims.

AFP - Friday 30 July 2010 12:04AM

New Zealand lifts interest rates

New Zealand's central bank has raised the official interest rate for the second time in less than two months, despite deteriorating economic prospects.

AFP - Thursday 29 July 2010 07:55AM

House price growth strong, but slowing

Australian house price growth continues to rise in most capital cities, but the pace of growth is slowing, Australian Property Monitors says.

AAP - Wednesday 28 July 2010 11:01PM

Low inflation quashes rate rise fears

Borrowers and the government can breathe easy after lower than expected official inflation data all but rules out a mid-election rate rise, economists say.

AAP - Wednesday 28 July 2010 05:39PM

Downer shares recover on $2b coal win

Shares in Downer EDI rose to a two-month high on Wednesday after the engineering firm said it secured contracts worth $2 billion.

AAP - Wednesday 28 July 2010 04:53PM

Mortgage applications rise 2.3% in Q2

Mortgage applications are rising slowly, but consumers are still shying away from greater credit card usage, Veda Advantage says.

AAP - Wednesday 28 July 2010 04:19PM

Sigma appoints new CFO

Drugs maker and distributor Sigma Pharmaceuticals Ltd has appointed Jeff Sells as chief financial officer.

AAP - Wednesday 28 July 2010 10:00AM

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