New vehicle sales slumped again in April as part of an ongoing trend tied to housing market woes, tightening of loans, drought, floods and the upcoming Federal election. The Federal Chamber of Automotive Industries’ figures […]
Approvals for the construction of new homes dropped by a seasonally adjusted 15.5 per cent in March, driven by a decrease in units and townhouses. Approvals for private sector houses fell 3.2 per cent, while […]
Medical products company ResMed says it lifted revenue in the three months ended March 31 by 12 per cent, to $US662.2 million ($A952.2 m). Resmed said it made $US157 million ($224m) in profit, up 15 […]
Macquarie Group beat full-year profit guidance but the company’s share price has slumped in early trade after it warned of a more subdued performance over the next 12 months. Macquarie announced a 17 per cent […]
Oil plunged overnight, with US crude dropping almost three per cent as the market grappled with oversupply fears as increased US sanctions on Iran had more gradual impact than expected and US crude oil inventories […]
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