Latest Finance News



CSR cuts 150 jobs in Sydney

CSR is preparing to cut up to 150 jobs and bracing for a big drop in profits as it battles a weak construction industry and high Australian dollar. The affected staff are from CSR's glass-making bu..

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Tinkler case back in court

A judge will this week hear why troubled businessman Nathan Tinkler's lawyers think he should not have to answer questions from the liquidators of his Mulsanne Resources in court. The former billio..

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RBA falls prey to cyber hackers in 2011

The Reserve Bank of Australia's computer systems have been hacked in at least two highly sophisticated online raids.The central bank says it was the victim of a "highly targeted" email attack in Novem..

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Australian shares open higher

The Australian share market has opened slightly higher, with gains by bank and industrial stocks outweighing losses among the miners. At 1017 AEDT on Monday, the benchmark S&P/ASX200 index was ..

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Thiess wins more Gorgon work

Leighton subsidiary Thiess has won a new contract, worth $212 million, for work on Chevron's $52 billion Gorgon project in Western Australia. Thiess will deliver "miscellaneous civil works" at the ..

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CSR cuts 150 jobs and lowers guidance

Building products company CSR shares are down more than four per cent as it prepares to cut about 150 staff and lowers profit guidance.The jobs will go as CSR closes a glass manufacturing facility in ..

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