Australian bond futures have risen to new record highs as Europe's debt crisis took a turn for the worse as the focus shifted to Spain's troubled banks.RBC Capital fixed income strategist Michael Turner ...

Workers at the Fulham prison in south-east Victoria have decided to cease most of their work bans, as an industrial dispute drags on.Prison officers were preparing to introduce new work bans today, including ...

The New Zealand share market opened in the red, having taken its leads from offshore, with investors spooked after ratings agencies moved to downgrade Spanish banks.

Virgin Australia will revive its weekday service between Mount Isa and Brisbane, ending the Qantas monopoly on the route.The move has been announced in a joint statement between the airline and mining ...

Consumers are being warned about unlicensed companies based on Queensland's Gold Coast offering investors huge returns on the share market.The Australian Securities and Investments Commission (ASIC) says ...

Labor is using the latest employment data to step up its attack on the State Government's jobs record in country Victoria.The jobs debate has intensified in recent weeks and the State Opposition says the ...

The New Zealand share market may face some headwinds today, with a drop off in earnings reporting likely to leave it vulnerable to offshore momentum.

Facebook's initial public offering of stock is shaping up to be one of the largest ever. The world's definitive online social network is raising at least $US16 billion, a big windfall for a company that began eight years ago with...

The Australian dollar has fallen back below 99 US cents amid reports of widespread bank withdrawals in Spain and Greece as fears grow that the eurozone debt crisis will worsen.At 0630 AEST on Friday the ...

Fitch ratings agency has downgraded debt-crippled Greece deeper into junk territory, warning of a "probable" Greek exit from the euro currency union if new national elections next month produce ...

The New Zealand dollar drifted lower against the greenback overnight but held its ground against most other major currencies with investors regarding Australasia as a relative safe haven amid European ratings fears. The kiwi recently traded at US7...

Facebook says it has priced its initial public offering of stock at $US38 per share.That's the high end of its expected range of $US34 to $US38.It means investor demand is strong for the world's largest ...

A new report suggests more than 500 water bores on farms across Queensland's southern inland will be affected by the coal seam gas (CSG) industry.Around 40,000 CSG wells are expected to be drilled in the ...

Investors are running for the hills by opting for the relative safety of the fixed-income securities deemed safest as the turmoil in Europe continues, fanning the fire of concern over the risk of a euro break-up."It's not...

Facebook has priced its initial public offering at $38 per share, which will see the company stand to reap a windfall US$18.4 billion.Facebook's stock is expected to begin trading on the Nasdaq Stock Market tomorrow under the ticker...