Dick Smith shares plummet

Shares in electronics retailer Dick Smith have halved after a sales downturn forced it to abandon its profit forecast.

Price war hurts Metcash profit

Supermarket wholesaler Metcash has suffered a 12.7 per cent decline in underlying earnings as the food and grocery price war eats into its bottom line.

Aussie market trading flat

The Australian share market is trading flat on the last day of the month following minimal leads from overseas markets. At 1033 AEDT on Monday, the benchmark S&P/ASX200 index was up 0.06 points, or 2.9 per cent, at 5,205.5

$A weighed down by weak data, commodities

The Australian dollar has fallen below 72 US cents as last week's weak business investment figures and falling commodity prices weigh on the currency.

Gold falls more than one per cent

Gold has dropped almost two per cent to a near six-year low, set for a sixth straight weekly decline under pressure from a firm US dollar and prospects of a US interest rate rise in December.

Shares close 8pts lower

The Australian share market has faded into the red after a positive start, dragged back by the absence of a lead from US markets, and investor fatigue.

Australia Post gets price hike tick

Australia Post has been given the thumbs up by the consumer watchdog to raise the price of a basic stamp by more than 40 per cent while taking longer to deliver the letters they are stuck on.

Shares open 38pts higher

The Australian share market has opened higher, following positive leads from European bourses overnight with Wall Street closed for the Thanksgiving holiday. It's the third consecutive positive open, and again has been boosted by the banks and resources sectors.

$A lower ahead of busy data week

The Australian dollar is slightly lower as currency traders largely sit on the sidelines ahead of a flurry of key economic data next week.

Oil prices fall in holiday-muted trade

World oil prices have drifted lower in muted trading conditions amid the Thanksgiving Day holiday in top consumer United States.

Shares close 17pts higher

The Australian sharemarket has retreated from one per cent gains to end modestly higher.

Women earn a quarter less than men

The pay packet for an average full-time female worker was $27,000 less than a man's last financial year.



Rio Tinto$24.61bn
BHP Billiton$21.42bn
North West Shelf Venture$16.37bn
Fortescue Metals Group$9.91bn
Woodside Petroleum$7.42bn
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