Australia is well placed to avoid a sub-prime housing crisis like the US crisis had in 2008 because of high-quality lending practices, a Reserve Bank of Australia official says.RBA head of financial stability ...

APN News & Media has unveiled a $45.1 million full year loss as it prepares to expand its outdoor advertising business.The company announced the loss on Thursday as it confirmed it would form a joint venture ...

New Zealand stocks eked higher at the open, side stepping the weaker tone on global equity markets overnight with investors showing interest in oversold shares and those with reporting earnings growth. Cavalier led gainers, while Westpac fell.

NEW YORK, Feb 22 (Reuters) - U.S. crude oil futuresadded to losses and Brent crude pared gains in post-settlementtrading after industry data showed that U.S. crude stockpilesrose much more than expected ...

There has been a mechanical problem for the new ferry operating between Yorke and Eyre Peninsulas.The ramp problem affected the Aurora V ferry at Lucky Bay near Cowell on Wednesday, delaying vehicles.Sea ...

* Brent oil hits $123, at highest since last May * Asia, Europe cut back on Iranian crude imports * Europe, China PMIs shrink, stoke growth fears * Coming up: API U.S. oil data due at 2130 GMT By Gene ...

The Australian dollar has fallen to its lowest level in a month, as the US dollar strengthens and leadership tensions re-ignite in Australia.At 0700 AEDT on Thursday, the Australian dollar was trading ...

Greek unions have staged fresh protests as parliament took up emergency legislation to implement a massive eurozone bailout and Fitch ratings warned the country was close to default.Athens, bolstered by ...

* Gold up in sharp late-session rally on fund buying * Bullion breaches technical resistance * Platinum hits 5-month high on S. African supply concerns * Coming up: U.S. weekly jobless claims Thursday ...

The Restaurant and Catering Association says the South Australian Government is failing to take seriously its concerns about a proposed new public holiday regime.The SA Government is planning to legislate ...

NEW YORK, Feb 22 (Reuters) - Brent crude oil futuresrose for a third straight day Wednesday and ended near $123 abarrel on worries that Iran's confrontation with the West wouldheat up further after talks ...

NEW YORK, Feb 16 (Reuters) - U.S. crude edged up onWednesday, extending gains to a fifth straight day, on worriesthat Iran's confrontation with the West would escalate aftertalks with U.N. nuclear inspectors ...

The Australian dollar was lower on Thursday morning after US stocks fell in overnight trade as relief at a massive Greek debt bailout gives way to growing scepticism the deal can really work.At 0630 AEDT, ...

The New Zealand dollar slipped below the US83 cent mark overnight, as investor appetite for higher yielding currencies continued to wane in the wake of the Greek bailout deal.

New Zealand-born billionaire Richard Chandler has talked up the responsible investment approach he operates with as his investment vehicle undertakes due diligence on Tasmanian timber company Gunns.In response to the "high degree...