Latest Finance News



Australian stocks open flat

The Australian stock market has opened flat, with strong gains in consumer discretionary stocks offset by weakness in mining-related sectors. At 1027 AEDT on Monday, the benchmark S&P/ASX200 in..

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Hills books first half loss of $73.6m

Electronics, building materials and lifestyle products supplier Hills Holdings says it has already taken most of the pain involved in its restructuring and will be looking for growth in the 2013/14 fi..

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Rio wins case blocking access to rail

The world's second largest iron ore miner, Rio Tinto, has tightened its already firm grip over the Pilbara region by winning a ruling that blocks other miners from using its rail lines.Rio released a ..

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IAG’s flood costs up to $140m

The cost of recent floods and bushfires have reached up to $175 million for Insurance Australia Group, but analysts still expect profits in the industry to grow this financial year.IAG, which operates..

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