Australia’s trade surplus dipped slightly in April to a seasonally adjusted $4.87 billion, narrowly missing expectations after downward revisions were applied to the last two monthly releases. Market consensus was for the nation’s trade balance […]
The Australian dollar is clinging to gains as bears focus on the negatives for the United States and Europe and look past weakness in domestic economic conditions. Dealers emphasised the market was still structurally short […]
There was no recovery in the falling pace of new car sales across Australia in May, the country’s peak motor industry group says. The number of vehicles sold last month was down 8.1 per cent compared to […]
Vocus Group shares have dropped more than 15 per cent after Swedish private equity firm EQT Infrastructure withdrew its $3.3 billion buyout offer. The owner of the iPrimus and Dodo brands told the market late […]
Australia’s economy expanded by 0.4 per cent in the March quarter and grew by 1.8 per cent over 12 months, official figures show. The growth was slightly under market consensus forecasts, which had predicted quarterly […]
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