Christine Gaylican

The Reserve Bank of Australia is set to keep interest rates steady in the coming months as an upsetting slowdown most likely sets in around the world.

Australian Defence Minister John Faulkner will announce that he will quit his job in the ministry after the next national elections, which Prime Minister Julia Gillard would likely call by year's end.

Aurora Funds Ltd is set to debut on the local bourse on Tuesday, next week, after acquiring three more asset managers and putting together $2 million.

Australia’s largest grain growing corporation, AACL, has struck a pre-purchase deal with dealer Glencore for the upcoming harvest.

Chevron Asia Pacific Exploration and Production Co said it had found deepwater natural gas deposits off the coast of Western Australia, putting in a new potential to the company’s Clio development.

A widely monitored construction activity private index takes a turn for the worse this June, ending three straight months of progress.

Employers are getting more confident with the economic upturn and are intending to hire more personnel in the coming months, according to a recent Hudson survey.

North Queensland authorities are investigating a case of what seems to be a mass vegetable and fruit sabotage.

Symantec, one of the world’s leading data security firms, reports that complex phishing attacks on Australian businesses have been increasing recently.

Tony Burke, Sustainable Population Minister of Australia, says that better regional centers are the solution to infrastructure stress and urban sprawl piling up in the capitals.

The ATO (Australian Tax Office) has remained stalwart on its position in compelling Australian taxpayers to submit tax returns electronically via Windows-only applications.

Aidan McLindon, Queensland MP, has announced that he will push through with his plan of turning Cairns into Australia’s Las Vegas, despite the city mayor’s rejection of the plan.

Chief Executive Don Matthews, of the Penola Pulp Mill subsidiary, said yesterday that he is confident that construction of the largest ever mechanical pulp mill will become a reality soon.

Boral has identified a new strategic model and has announced its plans of raising $490 million to support investment and reinforce its balance sheet.

Sigma Pharmaceuticals Ltd, Australia’s major drug manufacturer, says it has not been given any formal offer by Aspen Pharmacare of South Africa as of yet, as the latter intends to continue carry out due diligence.

Canegrowers, the sugar lobbyist group, says it is ‘surprised’ about the sale of CSR’s sugar and renewables arm, Sucrogen, to Wilmar International Limited, a company based in Singapore.

A new research points out that Canberra housing affordability is getting worse, and it is getting more difficult for first time buyers to enter the housing market.

Macarthur Coal has upped its 2009-10 profit guidance today following its post of better-than-forecast sales of coal for the fiscal year.

The Australian dollar moved up ending a five-day drop against other currencies, as Asian stocks advanced and signs the nation's labour market is improving enticed demand for higher-yielding assets.

Treasury Secretary Ken Henry has assured that the Australian government's national budget will not be at risk because of the lower revenue estimates since the landmark deal on the proposed tax on resources was finalised last week.

Asian stocks jumped at mid-day trading, lifting the MSCI Asia Pacific Index higher for the first time in five days, as takeover news of two Australian companies and a weaker yen boosted the outlook for Japan's exporters raised the appetite of investors.

The Australian central bank may keep its benchmark interest rate unchanged for the second month as inflation rates are seen to be in the upside keeping consumers on the sidelines.

The Australian central bank may keep its benchmark interest rate unchanged for the second month as inflation rates are seen to be in the upside keeping consumers on the sidelines.

Centennial Coal is urging its shareholders to consent to the cash takeover offer worth $6.20 per share from Banpu Public Co Ltd, a company based in Thailand.

According to a recent survey released showing another significant increase rise in the number of new jobs being offered, a surprising 30+ per cent of Australian workers are intending to change jobs soon.

Vice President Ge Junjie of Bright Food Group of China finally announced its offer of $1.65 billion for Sucrogen, the renewable energy and sugar business of CSR, following several weeks of speculation.

For all the commotion raised regarding foreign investment in the housing sector, an overlooked feature is the foreign demand for mortgage and bank debts of Australia necessary to keep housing loans afloat and moving and prices rising.

Australian Prime Minister Julia Gillard says further consultations and talks will be held with the mining industry players regarding the new mining tax implementation.

Tony Abbot promises to rescind PM Julia Gillard’s new tax on mining if the Coalition wins the elections despite mining giants supporting the new deal.