Consumer gloom spoils day for the big four

The Age 23/05/2013 | The local sharemarket closed lower for a second consecutive day, dragged down by the banks and a surprisingly poor consumer sentiment report.

Fairfax shareholders keen for news on Domain and paywalls

The Age 23/05/2013 | There is a great deal of anticipation for the investor day of Fairfax Media, owner of The Age and The Sydney Morning Herald.

RAMS offer sees shares on the rise

The Age 23/05/2013 | Non-bank lender Resimac has made a bid to acquire the remnants of mortgage firm RAMS in a joint proposal with former Babcock & Brown banker Trevor Loewensohn.

Myer all out to chase sales

The Age 23/05/2013 | Department store Myer will switch its focus from relentless cost-cutting to driving sales growth and grabbing a greater slice of the discretionary spend by shoppers.

Bureau signals end of boom in commodities

The Age 23/05/2013 | Australia's top commodities agency has detailed a year of woe for the local resources industry and joined the Reserve Bank in declaring the peak of investment in the sector.

Telstra to axe jobs in major shake-up

The Age 23/05/2013 | Significant job losses are expected at Telstra after the telco announced sweeping changes to its operational structure as it shifts away from its legacy business.

More...