Australand downgrades profit forecast
Property developer Australand has downgraded its profit forecast of just two months ago, but should be able to pay down a $563 million loan facility due on June 30 after its banks agreed to refinancing.
Aust stocks lose early gains Updated: 12:45, Friday May 25, 2012 The Australian share market has fallen into negative territory as concern about the future of the euro zone outweighs earlier positive sentiment about Greece's future within it.