Australia - Business

 

CBA CEO Says Will Raise Variable Rate More Than RBA if Needed

Nov 9, 2009, 3:00 am

CBA says it cannot guarantee that increases in interest rates for home lending rates won't exceed those made by the central bank.

China's Jinchuan Won't Buy BHP Billiton Ravensthorpe Nickel Mine

Nov 9, 2009, 3:00 am

The Jinchuan Group, has been axed from the next stage of BHP Billiton Ltd's process to sell its Ravensthorpe mine.

Westpac set to Introduce 'Green Loans' for Homeowners

Nov 8, 2009, 3:00 am

Westpac Banking Corporation is set to introduce interest free "green loans" worth up to $10,000.

Study Says Research & Business Ties With Asia Have Largest Decline in 10 Years

Nov 5, 2009, 9:00 pm

Australia's research and business ties with Asia have experienced the largest decline in a decade, a new study shows.

Banks a Bit Too Quick Raising Rates for PM's Liking

Nov 3, 2009, 5:00 pm

The major banks were a bit too quick off the mark raising their lending rates for the prime minister's liking.

Westpac Year Profit Down, Bad Debt Stabilising

Nov 3, 2009, 5:00 pm

Westpac Banking Corporation says the bad debt cycle is stabilising and its business has strong momentum going into fiscal 2010

Myer Shares Drop Further on First Day of Listing on ASX

Nov 2, 2009, 4:00 am

Myer shares has been caught in the whirlwind of the market after listing on the ASX, analysts say.

Maltesers Challenge Sweet Rewards

Nov 2, 2009, 4:00 am

Maltersers take on Sweet Reward in court over trademark infringement claim.

Don't Go Too Far With Stimulus, IMF Warns

Oct 28, 2009, 11:00 pm

The International Monetary Fund (IMF) has warned governments not to unnecessarily overstimulate their economies.

'Grave Fears' Foreign Firms Could Buy Aussie Steel Makers, Says AWU

Oct 28, 2009, 7:00 pm

Australia's two remaining steel makers could be taken over by an Indian or Chinese competitor for a bargain price.

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