Latest Finance News



Optus scores $530m ANZ deal

Singapore Telecommunications (SingTel) subsidiary Optus has secured a $530 million contract to run ANZ's telecommunications services for another five years.The deal with Optus Business includes ANZ's ..

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SP Ausnet loses tax dispute

Electricity and gas distributor SP Ausnet has lost a court appeal against amended tax rulings worth millions of dollars.The company had disputed amended tax assessments relating to deductions it claim..

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Unemployment rate hits four year high

Unemployment has hit a four year high and could get up to six per cent as the mining investment boom plateaus.The unemployment rate hit 5.8 per cent in August, in line with economists' forecasts - up ..

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Bega lobs takeover to become big cheese

Bega Cheese has made a $319 million play for fellow dairy producer Warrnambool Cheese and Butter that could create one of Australia's largest listed food companies.But the 125-year-old Victorian diary..

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Dow scores triple-digit gain

US stocks have closed mixed, with the Dow surging sharply higher and Apple dragging down the Nasdaq after its iPhone launch missed expectations.The Dow Jones Industrial Average surged 135.54 points (0..

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