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Housing lending stronger in December

Home loan approvals grew by volume and value in December.

Rio shares firm after slumping to a loss

Mining giant Rio Tinto's shares are slightly higher after the mining giant posted a net loss of $US866 million and scrapped its dividend policy.

RBA can cut rates, watching volatility

The Reserve Bank says it is watching the impact of recent global financial market turbulence and whether the strength in the labour market continues.

Aussie dollar pushes up motor repair costs

Suncorp chief executive Michael Cameron says the falling dollar has bumped up the cost of motor repairs in Australia.

Optus to take $200m revenue hit

Recent wholesale price changes for mobile terminating access services will lead to a $200m revenue hit at Optus.

RBA downplays weak capex

The RBA has downplayed the impact of apparent weakness in non-mining business investment, citing unexpectedly strong jobs growth.

WorleyParsons denies equity raising plan

Engineering and construction giant WorleyParsons has denied a media report that it is considering a rights share issue.

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