Latest Finance News



Figures confirm productivity bounce

New figures confirm labour productivity growth has bounced back over the past couple of years. The figures were in the annual national accounts from the Australian Bureau of Statistics on Friday. ..

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Cash rate about as low as it will go

The chances of interest rates getting any lower are very slim, following a recent surge in the housing sector and improved confidence in the Australian economy. Eight out of 12 economists surveyed ..

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Shares drop after radio duo quits

Southern Cross Media shares have plunged after controversial Sydney breakfast radio duo Kyle and Jackie O announced they are quitting their top-rating 2Day FM show. The pair will leave the competit..

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DJs boss says he just needs a break

Outgoing David Jones boss Paul Zahra says there's nothing sinister about his departure, as he works on a seamless handover to a successor. Mr Zahra, who has been chief executive of the department s..

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China manufacturing index hits high

China's manufacturing activity expanded at its strongest pace in 18 months in October, the government says, another sign of increasing strength in the world's second-largest economy. The official p..

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Whitehaven sets records in October

Whitehaven Coal says it has set a new company record by moving more than 1 million tonnes from its mines to the port of Newcastle in October. Whitehaven also achieved record monthly export sales of..

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Sony shares plunge 11% on poor outlook

Sony shares have plunged more than 11 per cent after the Japanese electronics giant slashed its full-year profit outlook, dealing a blow to its much-vaunted turnaround plan.The stock finished at Y1,66..

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