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The Australian share market opened more than one per cent higher on strong leads from US and European markets, which rallied for the third and fourth straight day respectively yesterday.
Ross Lyon is set to become Fremantle's new AFL coach, after the Dockers sensationally sacked Mark Harvey on Thursday, despite the former Bomber having a year to run on his contract.
Swiss commodities giant Glencore has dropped all conditions attached to its $1.02 billion takeover bid for Western Australian nickel miner Minara Resources.
The Australian dollar is more than one US cent higher on Friday, after major central banks promised overnight to ensure US dollar liqudity to Europe's embattled banks.
US stocks got a boost Thursday despite poor domestic economic data after major central banks joined hands to ensure US dollar liquidity to Europe's embattled banks.
Australian shares rose 1.5 per cent as investors clung to comments from French and German leaders that Greece's future was "in the eurozone" after talks with the debt-ridden country were held.
Qantas has dragged passengers into its pay dispute with workers as the company's baggage handlers and caterers prepare to stop work next Tuesday, their union says.
One of the big four banks expects the Reserve Bank of Australia to raise interest rates six months later than previously expected, after changes were made to a key measure of inflation.
Bathurst Resources posted a wider full-year loss as the dual-listed coal miner acquired reserves and pursued resource consents and infrastructure for its Buller Coal Project.
Local banks and other financial institutions will be allowed to issue covered bonds as a cheaper source of funding under legislation introduced to parliament.
The value of Australia's resources and energy exports soared by 27 per cent last financial year to a record $175 billion, even though a strong local dollar offset some of the benefits of soaring gl
A joint venture between Clough and Downer EDI has won a $600 million contract to build a pipeline and compression facilities for the Santas GLNG project.
Dinosaur footprints near the site of a controversial multi-billion dollar gas hub project in the Kimberley will be examined by Canadian and US experts flown in by the state government.
Optus will start rolling out fourth generation (4G) mobile services next year at the same time as it runs Australia's first trial offering 4G services on spectrum previously used for analog TV.
Department store owner Myer Holdings says it expects profit to fall by as much as 10 per cent in the current fiscal year, after more than doubling its full year profit for fiscal 2011.
The Australian share market opened more than one per cent higher after a rally on European and US markets, as investors clung to positive comments from French and German leaders about the eurozone
The Australian dollar is higher this morning after the euro and major equity markets rebounded overnight, despite continuing concerns about Europe's sovereign debt.
US stock markets closed with strong gains on Wednesday, amid signs that European leaders might be coming together to tackle the continent's debt crisis.
The state government has spent nearly $120,000 since January on lip balm, fake tattoos, lollies and mouse pads promoting its Royalties for Regions program.
The Australian share market closed more than one per cent lower, with broad-based losses across almost all sectors on speculation China was unlikely to inject capital into debt-ridden European econ
Consumer confidence has rebounded strongly in September, a survey shows, as a recovery in economic growth and fading expectations of an interest rate hike reassured households.
Opposition Leader Tony Abbott has taken aim at the prime minister as parliament begins debating government legislation setting up a carbon pricing regime.