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All Ords 5170.0 +76.0 (+1.5%)
4 Jul 2008, 16:47:00
 
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Latest Business News

Oil prices hit record high above $US146

London's Brent crude oil has hit $US146 a barrel for the first time, as the market was energised by Middle East tensions and falling US crude reserves.

$A firmer, awaits Europe rate decision

The $A closed firmer despite a fall in the nation's trade balance for May as dealers held steady before an interest rate decision in Europe overnight.

Auto industry defies surging fuel costs

Australia's auto industry continues to defy surging petrol prices and higher interest rates, posting a record sales result over the first half of 2008.

Gunns negotiating bank syndicate on mill

Forestry firm Gunns says it is negotiating terms with a banking syndicate to finance its $2 billion pulp mill project in Tasmania.

Herald backs Bumi's higher bid

Takeover target Herald Resources Ltd has backed the highest of two rival bids.

More articles available via the AAP Breaking News Wire
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Personal Finance

See for more personal finance news and information
Talk to the hand
Once bank managers would not let you borrow more than you could afford. These days it's up to the consumer to decline, says Lesley Parker.
Resources just keep on booming
David Potts highlights a few stocks to watch.
Throwing in the corporate towel for an independent life
Leaving a defined career path behind and following your dreams can be scary but very rewarding, writes Helena Keers.

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