Westpac has unveiled its senior executive line-up after merging with St George Bank.
Babcock & Brown Ltd has requested a trading halt on its shares as it tries to sort out a dispute with a bank.
Julie Bishop says the RBA chief's comments are a warning to the government about unwise spending.
Car giant Ford will keep its Geelong engine plant open beyond 2010, despite the global economic turmoil.
Platinum miner Lonmin is to cut jobs at its head office in London and close mines in South Africa.
Wall Street hit levels not seen since 2003 with the Dow Jones industrial average falling 5 per cent to 7994.28.
US auto industry chiefs have pressed their case for urgent help in a second day of Senate hearings to negoatiate a bailout plan.
Oil prices have slipped further, dipping below $54 on fears of global economic weakness.
RBA governor Glenn Stevens says Australia's house prices will soften but should not crash.
Volvo has cut 130 jobs at its Brisbane commercial vehicles factory.
China has overtaken Japan as the US government's largest foreign creditor.
The world's biggest chemical company BASF said it would cut its production worldwide affecting 20,000 workers.
The outlook remains bleak for commodity prices with more falls expected for coal, iron ore and base metal prices.
At least five credit providers have increased their interest rates in the past three months despite cuts to the cash rate.
Graincorp Ltd has posted an annual loss of almost $20 million but says it will return to profitability in fiscal 2009.
The Becton Group is reviewing plans for its $130 million redevelopment of the Club Med site at Byron Bay in NSW.
The operator of Sydney's international terminal Macquarie Airports Group says airport traffic rose 0.8% over the past year.
British Prime Minister Gordon Brown says further measures may be needed to get credit flowing throughout the economy.
Westpac unveils executive line-up
Westpac has unveiled its senior executive line-up after merging with St George Bank.
Babcock and Brown in trading halt
Babcock %amp; Brown Ltd has requested a trading halt on its shares as it tries to sort out a dispute with a bank.
Platinum miner Lonmin to cut jobs
Platinum miner Lonmin is to cut jobs at its head office in London and close mines in South Africa.
Ford's Geelong plant to stay open
Car giant Ford will keep its Geelong engine plant open beyond 2010, despite the global economic turmoil.
