SHARES of oil and gas producer Santos Ltd been placed in a trading halt, at the request of the company, pending the release of an announcement.

TOWER Australia has forecast the life insurance market to treble by 2017 after it posted a 19 per cent lift in underlying first half profit on the back of growing retail and group premium revenue.

MACQUARIE Bank is hoping it can grab thousands of dollars from up to 1000 borrowers set to refinance their home loans with rival lenders.

EDDY Groves, whose ABC Learning fortune was nearly wiped out, has fallen out of the prestigious BRW list of the nation's 200 wealthiest individuals.

QANTAS has announced a savage round of cuts in services and jobs to cope with record high oil prices and an escalating fuel bill.

TELSTRA shares have defied predictions of a wave of selling in the run-up to today's final payment date for T3 receipts.

AUSTRALIA's biggest residential developer, Stockland, has sacked at least 15 people from its $15 billion residential land business in Melbourne and Sydney as it restructures its business.