The growth forecasts underpinning the federal budget look a touch optimistic, according to economists. The federal budget contained few surprises for watchers...

The Reserve Bank has kept the official cash rate at a record low of 1.5 per cent as widely expected. The decision...

Approvals for the construction of new homes rose by a surprisingly strong 19.1 per cent in February, but economists quickly warned against...

Former Commonwealth Bank chief executive Ian Narev has been appointed chief operating officer of online jobs advertiser Seek. The New Zealander, who...

Australia’s unemployment rate fell 0.1 percentage points in February to an eight-year low of 4.9 per cent, but the number of people...

Myer has reported a $38.4 million first-half profit despite a 2.3 per cent fall in comparable sales. The department store chain, which...

Lendlease is looking at offloading its engineering and services unit after the property and infrastructure group’s first-half profit crashed 96.3 per cent...

The value of household lending excluding refinancing fell 5.9 per cent in December, dragged down by an 8.2 per cent plunge in...

Macquarie Group expects annual profit to soar 15 per cent to nearly $3 billion for what should be a fourth straight record...

JB Hi-Fi has lifted first-half profit 5.5 per cent to $160.1 million despite volatile holiday trading for the electronics and home entertainment...