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  • Virgin Blue Says New Airline to Fly Sydney-LA Route Sunday, 30 Mar 2008 | 8:09 PM ET

    Australia's Virgin Blue Holdings said on Monday its new airline, V Australia, planned to start daily flights between Sydney and Los Angeles from December.

  • Australia's Rudd Urges Openness on Financial Crisis Thursday, 27 Mar 2008 | 12:01 AM ET
    KEVIN RUDD

    Australian Prime Minister Kevin Rudd promised not to retreat into a new era of protectionism on Thursday in response to the global financial crisis, and urged other governments to hold their nerve.

  • Market Turmoil Is "Unsettling": RBA Chief Wednesday, 26 Mar 2008 | 9:08 PM ET

    Australia's top central banker on Thursday said turmoil in global financial markets had been "quite unsettling", but Australia's financial system was in good shape to deal with the fallout.

  • Australia's David Jones Profit Jumps 25% Tuesday, 25 Mar 2008 | 7:48 PM ET

    Upmarket Australian department store chain David Jones said first-half underlying profit jumped 25 percent, helped by buoyant Christmas sales, and maintained its forecast for the rest of the year.

  • NAB May Buy Citi's Australia Broking Arm: Report Tuesday, 18 Mar 2008 | 7:25 PM ET

    National Australia Bank, Australia's top lender by assets, is in talks to buy Citigroup's Australian retail broking business to expand back into stockbroking, the Australian Financial Review reported on Wednesday.

  • Australia's Central Bank Is Still Wary on Inflation Tuesday, 18 Mar 2008 | 12:14 AM ET

    Australia's central bank was still concerned that interest rates might not be high enough to restrain inflation when it hiked rates to a 12-year high earlier this month, minutes of the policy meeting showed on Tuesday.

  • Sinosteel in Hostile Bid for Australia's Midwest Thursday, 13 Mar 2008 | 9:30 PM ET

    China's Sinosteel has launched a hostile, all-cash offer for Australian iron ore prospector Midwest in a deal that values Midwest at $1.2 billion (US$1.1 billion), as it aims to lock up scarce iron ore supplies.

  • Australia's Hiring Surge Takes Jobless to 33-Year Low Wednesday, 12 Mar 2008 | 10:18 PM ET

    Australian employment growth blew past all expectations in February while the jobless rate hit fresh 33-year lows, reviving speculation that the drum-tight labor market might yet spark another rise in interest rates.

  • Australia Consumer Sentiment Slumps as Rates Rise Wednesday, 12 Mar 2008 | 1:30 AM ET

    Australia's trade deficit ballooned 41 percent in January as strong domestic demand sucked in imports while bad weather and supply bottlenecks crimped export growth. 

  • Australia's Incitec Pivot to Acquire Dyno Nobel Monday, 10 Mar 2008 | 9:42 PM ET

    Australian fertilizer maker Incitec Pivot offered to buy the rest of explosives maker Dyno Nobel in a cash and share offer that values Dyno at $3.1 billion.

  • Australia Trade Deficit Widens as Imports Bulge Wednesday, 5 Mar 2008 | 9:16 PM ET

    Australia's trade deficit ballooned 41 percent in January as strong domestic demand sucked in imports while bad weather and supply bottlenecks crimped export growth. 

  • Consolidated Media Deal Funding in Doubt Wednesday, 5 Mar 2008 | 9:00 PM ET

    Trading in the shares of Australian publishing company Consolidated Media Holdings was halted on Thursday amid speculation funding for a buyout offer from a consortium backed by Lachlan Murdoch was in doubt.

  • Australia's Economy Buoyed by Strong Spending Tuesday, 4 Mar 2008 | 8:52 PM ET

    Australia's economy expanded at its slowest pace in a year last quarter but only because strength in consumer and government spending was tempered by a big drag from the country's trade deficit.

  • Macquarie to Reduce Australian Mortgage Business Tuesday, 4 Mar 2008 | 7:00 PM ET

    A unit of Macquarie Group, Australia's largest investment bank, said on Wednesday it will significantly reduce its Australian residential mortgage business because of high funding costs.

  • CNBC's Cash Flow: Zinc, QBE and BHP Billiton Tuesday, 4 Mar 2008 | 1:58 AM ET

    Tuesday's edition of CNBC's Cash Flow featured technical analyst Brandon Wendell, senior instructor at the Online Trading Academy.  Due to time constraints, Brandon was not able to chart all e-mail requests on air.  But, we are pleased to have him chart requests for zinc, QBE and BHP Billiton exclusively for CNBC.com. 

  • Australia's Central Bank Lifts Rates to 12-Year High Monday, 3 Mar 2008 | 11:39 PM ET

    Australia's central bank on Tuesday raised interest rates to a 12-year peak of 7.25 percent as it fought to keep inflation under control, but noted tentative signs the red-hot economy might be cooling.

  • Australian miners Oxiana and Zinifex plan to merge in an $10.7 billion deal to create the world's No. 2 zinc producer.  A merger of the two mid-tier miners would create a diversified mining company with operations in Australia and Asia, and sizeable production of copper, lead, gold and silver.

  • Centro Properties Posts $1.06 Billion First-Half Loss Thursday, 28 Feb 2008 | 8:00 PM ET

    Australia's troubled Centro Properties Group said it has received expressions of interest for two of its funds as it seeks to raise cash to repay a heavy debt load, and reported a $1.06 billion first-half loss.

  • Westfield 2007 Profit Up, Sees 6% EPS Growth in 2008 Tuesday, 26 Feb 2008 | 6:36 PM ET

    Westfield Group, the world's top shopping mall owner, reported an 11.6 percent rise in net operating profit for 2007, slightly below market forecasts, driven by rental growth at its Australian malls.

  • QBE Year Profit Misses Estimates, Shares Dive Monday, 25 Feb 2008 | 8:28 PM ET

    QBE Insurance Group, Australia's top insurer by premium income, missed market  estimates with a 30 percent rise in full-year profit because of negative currency movements, sending its shares down more than 13 percent.

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