Nearly half of all Australians are not hopeful about the future of the economy a new report shows.
Development company, Stockland, has formalized plans to build one of the country's largest suburbs located at Melbourne's outer north at Kalkallo with a populations of 30,000.
Granting BHP Billiton continues to fly high at least within the next five years, the giant resources firms’ top executives are poised to be overwhelmed by windfalls that could see chief executive Marius Kloppers amassing some $71 million in share bonuses.
Two major developments slated for Melbourne's north and western suburbs will expand the city's scope and increase population by 37,000.
Local stocks are recovering from yesterday’s losses thanks to strength from the key blue chip players.
Despite housing loan rates showing signs of improvement, economists predict that numbers will again slow down in the coming months as mortgage interest rate rise.
Anglo-Australian Rio Tinto (ASX: RIO) and Canada's Ivanhoe Mines have ended a long-running dispute between them after signing a new agreement under which Rio Tinto will assume direct management of the Oyu Tolgoi copper-gold project in Mongolia.
The Australian dollar was sold lower throughout yesterday’s Asian session as rumours emerged of further North Korean shelling.
U.S. stocks flitted in and out of negative territory as surging financial stocks outweighed declines in the materials sector.
The US Mortgage Bankers´ Association index eased 0.9pct in the latest week.
The Aussie was under more pressure than Ricky Ponting yesterday and moved steadily towards an intraday low of 0.9780.
Any improvement in Australia's housing finance may be momentary as the impact of the latest rate rises flows through, economists have warned.
Local stocks eased into the red today, as a bout of afternoon selling dragged down financial, mining and energy stocks.
The Australian share market closed in the red after financial stocks fell following the Federal Treasurer's pledge to release banking competition measures within the next week.
Business investment will take off in 2011 as Australian economic growth continues, according to the annual survey of financial and macroeconomic forecasts made by members of the Executive Committee of the Australian Business Economists (ABE).
TrimTabs Investment Research and BarclayHedge report that hedge funds inflow of $16.0 Billion in October is the fourth as well as the heaviest in the string of inflows recorded since November 2009.
Australian entrepreneurs are now using E-business channels to uncork opportunities in China's lucrative wine market.
The Green Building Council of Australia's (GBCA) has made changes to its Green Star building rating tool by revising two credits into the system to measure storm water and commuting mass transport.
Southeast Queensland residential market prices are expected to stay steady at least in the short-term says a CB Richard Ellis report.
Australia's overall construction sector prices were considered inconsistent this year although Melbourne's performance outshone the rest based on a survey conducted by real estate consultant Davis Langdon.
Housing affordability in Australia posted the largest annual decease since the beginning of the decade, a new report shows.
Hennessee Group LLC, hedge funds investment adviser, reported hedge fund index advance of +0.2% in November.
As heavy rains slowly subside in central Queensland, giant global mining firm Rio Tinto Ltd gradually returned to its mining activities in the region, following the incessant downpours during the past few days that transformed the area’s mining pits into temporary dams.
Australian stocks are trading flat at lunchtime in the East, but have managed to recover from losses reached early in the session.
Loan lenders are urging Australians to ditch their debt cycle and become smarter with their holiday spending to avoid financial stress in 2011.
The Australian dollar opened weaker today after overnight gains from RBA statement to hold rates.
The Australian retail market faces challenging times ahead as rising interest rates, utility bills and rents strain sales.
Coal producer Aston Resources reached a deal with giant Japanese firm Itochu Corporation, allowing the latter to acquire up to 15 percent interest on its Maules Creek project in the northern part of New South Wales.
Wholesale telecoms carriers have a significant opportunity for growth by delivering managed services, according to an independent market analyst firm.
Buyers are expected to flock the sale of mixed-use waterfront site at the Promenade located in the Kingston Foreshore development.
