Latest Finance News



Fifth straight fall for Aussie shares

Australian shares have weakened for the fifth consecutive session after a key consumer sentiment reading fell to a five-month low. The leading indices fell further when Holden announced it will cea..

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Southern Cross refinances debt

Southern Cross Media Group has reached a deal with lenders to refinance $765 million in debt, as it tries to bring down its gearing levels. The TV and radio company said the new five year debt faci..

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Another spill at Rio Tinto uranium mine

Mining giant Rio Tinto is still trying to find out what caused a toxic spill at its Rossing Uranium mine in Namibia - the company's second major radioactive incident this month. One of 12 leach tan..

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Australian shares open lower

The Australian share market has opened lower. At 1010 AEDT on Wednesday, the benchmark S&P/ASX200 index was down 11.5 points, or 0.22 per cent, at 5,132.1, while the broader All Ordinaries inde..

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APA lifts earnings guidance

Gas infrastructure provider APA Group has lifted its guidance for the 2014 financial year on the back of the strong performance of its assets and investments.APA also expects to pay lower interest cos..

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BHP expects strong returns from US shale

BHP Billiton is backing the US gas boom to continue and says exports from there could start within three years, which could be bad news for Australia's rival projects.The onshore shale projects BHP co..

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