Latest Finance News



Australian shares fall heavily

The share market has posted a significant fall as investors took profits and consider the possibility of the United States reducing its economic stimulus program soon. OptionsXpress market analyst ..

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Seven flags glimmer of Xmas cheer

Seven West Media chief executive Tim Worner is hopeful of improved market conditions in December but says the broader ad market remains short and unpredictable.The Seven Network's key "tentpole" progr..

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Modest wage rise gives RBA scope to cut

Australians saw a modest rise in wages in the September quarter, giving the Reserve Bank of Australia scope to cut the cash rate further if need be.Total hourly rates of pay, excluding bonuses, rose b..

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CSR lifts profit, expects further growth

People are again starting to buy new homes now the election is over, building supplier CSR says.Managing director Rob Sindel says uncertainty over the election outcome had discouraged people from buyi..

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