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All Ords 4195.00  -19.70 (-0.47%)
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As at May 17, 2012 - 01:49 PM
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Australian Indices

Industrials (XNJ) 3457.10 -14.40 -0.41%
Materials (XMJ) 9876.30 49.50 0.50%
Financials (XFJ) 4082.40 -42.60 -1.03%
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TOL 4.371 -0.360 -7.610 %
RRL 3.661 0.250 7.330 %
OST 1.013 0.037 3.790 %
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CBA prepared for a Greek default

Commonwealth Bank's CEO says most of the world is prepared for the consequences of a debt default by Greece.

Many consumers struggle to pay off credit

One in four consumers struggling to meet credit commitments could fall into a debt spiral if Australia suffers an economic downturn.

BHP Billiton backs away from joint venture

Resources giant BHP Billiton is walking away from a silver, lead and copper joint venture with Breakaway Resources.

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