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Top Stories Australian shares close lower The Aust share market has closed weaker after the RBA forecast below-average economic growth for the year. Basis for PEFO same as budget - Treasury The head of Treasury has denied claims made by the Coalition that the numbers in the budget are unreliable. » Low inflation, high $A prompted rate cut » Transfield shares tumble to record low » Seven West appoints new CEO » Unions want wage hike, business cautious » Libs dismiss negative gearing reports



New ventures Can you make money from a blog? Small Business NBN rollout hits asbestos snag A union official has demanded asbestos problems are dealt with. » Hockey says jobs still short of promise » $A up after surprisingly good jobs data » Farmers will 'bleed first' in budget » Unemployment to remain steady in April » more Small-Business News


NATIONAL BUSINESS Basis for PEFO same as budget - Treasury The head of Treasury has denied claims made by the Coalition that the numbers in the budget are unreliable. » Low inflation, high $A prompted rate cut » Transfield shares tumble to record low » Seven West appoints new CEO » Unions want wage hike, business cautious » More National Business News	MARKETS Australian shares close lower The Aust share market has closed weaker after the RBA forecast below-average economic growth for the year. » Tokyo stocks open down 0.63% » US stocks dip despite M&A activity » Oil prices gain for 4th straight session » $A higher but trading in narrow range » More Markets News
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WORLD BUSINESS British inflation slows to 2.4 per cent Official data shows British 12-month inflation slowed to 2.4 per cent in April, hitting a seven-month low. » Eurozone crisis hits Vodafone profits » Yahoo! to buy Tumblr for $US1.1bn » Thousands join Rome anti-austerity march » Gates overtakes Slim on rich list » More World Business News	PERSONAL FINANCE Home loans rise shows rates working Lower interest rates are driving an increase in housing finance. » Low earners struggling to feed families » More Personal Finance News
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PROPERTY CSR happy on housing despite big loss CSR says it believes Australia's housing market is recovering, after posting a $147 million loss. » Strongest jump for home loans since 2009 » Housing finance flood erodes rate-cut » RBNZ warns risks of housing market » Boost of 10,000 affordable rental homes » More Property News	SHARES Asia shares mostly up as US stocks dip Asian shares were mostly stronger as Japanese stocks hit a fresh multi-year high after Wall Street dipped. » Tokyo market seen to stay bullish » Virgin shares down after profit warning » Hong Kong shares 0.50 per cent higher » Low kiwi helps boost exporters on NZX » More Shares News
MORE FINANCE NEWS » Australian shares close lower » Basis for PEFO same as budget - Treasury » Low inflation, high $A prompted rate cut » Transfield shares tumble to record low » Seven West appoints new CEO » Unions want wage hike, business cautious » More Finance News » Libs dismiss negative gearing reports » KKR to sell Seven West stake » Eurozone crisis hits Vodafone profits » British inflation slows to 2.4 per cent » Tokyo stocks open down 0.63% » US stocks dip despite M&A activity

11:11 PMBritish inflation slows to 2.4 per cent
11:05 PMEurozone crisis hits Vodafone profits
11:05 PMKKR to sell Seven West stake
08:41 PMBasis for PEFO same as budget - Treasury
04:42 PMLibs dismiss negative gearing reports
04:41 PMLow inflation, high $A prompted rate cut

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