Latest Finance News



Australian shares soar on US debt talks

The Australian share market has posted its largest one day gain in more than three months due to signs the US will avoid a debt default by raising its debt ceiling. Investors snapped up banking and..

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Fairfax ditches BRW print edition

Fairfax Media will scrap the print edition of BRW Magazine from the end of November as it moves away from its traditional print-based mastheads and bolsters its online business. In an email to Fair..

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ANZ leaves rates unchanged

ANZ's interest rates will be left unchanged for another month. The bank decided to leave its standard variable mortgage rate at 5.88 per cent at its latest rate review meeting, after the Reserve Ba..

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Seven and Prime extend TV deal

Broadcasters Seven West Media and Prime Media have agreed to continue their affiliation for another six years. The companies have signed a deal securing a partnership across metropolitan and region..

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OzForex enjoys strong market debut

Shares in financial group OzForex have soared by 30 per cent after listing on the Australian share market. The company began in 1998 as an Australian foreign exchange information website and has gr..

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Leighton scandal leads to third exit

A third former Leighton executive has quit his current post because of an alleged connection to the construction giant's bribery scandal.Russell Waugh, the engineering chief at UGL, has mutually agree..

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US stocks surge on Washington debt deal

US stocks have surged on progress towards a potential deal in Washington to prevent a debt default, recovering a hefty portion of their losses since the partial government shutdown began. The Dow J..

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