Latest Finance News



Australian shares close higher

The Australian share market closed higher as cautious investors searched for higher yielding and defensive stocks. IG market analyst Stan Shamu said uncertainty was driving the market, with mixed r..

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Toyota Australia posts $149m profit

Toyota insists it will stay in Australia after posting a $149 million profit, making it the only local car maker to be in the black. Max Yasuda, Toyota Australia's president and chief executive, sa..

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Business confidence still down in May

Lower interest rates and a falling Australian dollar have failed to cheer businesses, with miners the most pessimistic. Business confidence remained poor in May, with the National Australia Bank's ..

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The West Australian to cut 40 jobs

Perth's only daily metropolitan newspaper The West Australian will slash 40 jobs as it undertakes a major restructure under new leadership.At least 33 journalist and seven clerical positions will be a..

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Home loan growth still sluggish

Weak housing finance figures appear to confirm that consumers are still nervous about taking on new debt, preferring instead to pay down existing debt.The number of home loans approved in April rose 0..

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China car sales growth slows

China's auto sales growth decelerated further in May amid signs of weakness in its economic recovery, with Japanese automakers suffering more declines, an industry group reported Sunday. Sales grow..

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Australian market set to open lower

The Australian share market is set to open lower on Tuesday after a lacklustre session on Wall Street. At 0708 AEST on Tuesday, the June share price index futures contract was down 17 points at 4,7..

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