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Clive Palmer falls from rich list

Falling commodity prices have hurt the fortunes of Australia's mining magnates, while a real estate boom lifted the value of property tycoons.

Oil Search flags spending cuts

Energy giant Oil Search has flagged cutbacks in expenditure only hours after crude oil prices hit a new six-year low.

Fortescue cuts costs, stays profitable

Fortescue Metals continues to cut production costs and says it is making "very healthy" profit margins at current iron ore prices.

Mining sector to continue to hurt: Orica

Explosives supplier Orica expects the problems being seen by its major customers to continue in the short term.

Older Queensland women are happiest

Older women are Australia's happiest while women in their twenties are the gloomiest, a quarterly wellbeing study by a major bank has found.

API flags improved underlying profit

API says sales at its Priceline and Priceline Pharmacy stores are growing despite the tough retail environment.

Queensland worst for mortgage defaults

The suburb of Kingston, south of Brisbane, is the worst in the country for mortgage delinquencies.

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