POLICE say a furious teenager who drove a car through the centre of his family home on Tuesday night did so in a bid to get back at his mother after an argument.
SYDNEY, Dec 20 (Reuters) - Australia's biggest port and rail operator Asciano Group AIO.AX said on Thursday it had reduced its holding in logistics firm Brambles Ltd BXB.AX to 3.44 percent from 4.09 percent.
SYDNEY, Dec 20 (Reuters) - The Australian dollar languished below 86 U.S. cents on Thursday, holding just above recent three-month lows, amid growing concerns about the outlook for global growth and renewed risk aversion.
Bluescope Steel has agreed to buy US steel maker IMSA Steel Corp for & #36;US730m ( & #36;A851.86m), in a move it says will accelerate its North American growth and reach.
SYDNEY, Dec 20 (Reuters) - Australia's largest steel maker BlueScope Steel Ltd BSL.AX said it had agreed to buy U.S. steel maker IMSA Steel Corp for & #36;730 million, accelerating its North American expansion.
SYDNEY, Dec 20 (Reuters) - Australian shares gained 0.2 percent on Thursday, snapping a six-day losing streak, as investors picked up bargains in investment banks while property investor Centro Properties Group CNP.AX extended its rebound.
THE Rudd Government risks opening the biggest diplomatic rift with Japan in decades after promising to expose the "sham" of Japanese scientific whaling.
Sydney, Australia, Dec 20, 2007 - (ABN Newswire) - IBA Health Group Limited (ASX: IBA) - Australia's largest listed specialist information technology company, has today completed the installation of new patient administration systems at seven public and private hospitals run
Air Services Australia says safety reasons were behind its decision to close the air traffic control tower at Launceston Airport three times during the past month.
SYDNEY, Dec 20 (Reuters) - Australian logistics firm Toll Holdings Ltd TOL.AX said on Thursday it had offered to buy Hong Kong freight company Baltrans Holdings 0562.HK as part of an expansion in Asia.
SYDNEY, Dec 20 (Reuters) - Suncorp-Metway Ltd SUN.AX, Australia's second-biggest car and home insurer, said on Thursday its estimated costs from storms that hit New South Wales state earlier this month were between A & #36;150-A & #36;180 million (
WELLINGTON, Dec 20 (Reuters) - Contact Energy Ltd CEN.NZ, New Zealand's largest listed power company, has acquired the local operations of Swift Energy SFY.N for & #36;87.8 million as it moves to bolster its oil and gas assets.
WELLINGTON, Dec 20 (Reuters) - New Zealand's annual current account deficit widened more than expected in the third quarter, data showed on Thursday, backing expectations the shortfall will remain large for some time.
