Latest Finance News



IAG to make a loss from UK sale

Shares in Insurance Australia Group have fallen after it finalised the sale of its ailing UK assets for a loss of $240 million. The company, which owns the CGU and NRMA Insurance brands in Australi..

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Storm investors sue Bank of Queensland

Investors who lost money through the $3 billion collapse of Storm Financial are suing the Bank of Queensland (BoQ) over its role in the group's demise. Lawyers acting for the investors filed a stat..

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Macmahon shares drop to eight-year lows

Shares in Macmahon Holdings slumped to an eight-year low after the mining contract launched a $80.7 million capital raising and sold its ailing construction business. The stock dropped heavily afte..

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APN shares tumble on profit warning

APN News & Media had $33 million wiped off its market value after its shares plunged to new lows following a profit warning. In a statement released after the market closed on Thursday, APN sai..

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Stocks to watch early on Friday

Stocks to watch on the Australian stock exchange on Wednesday December 14 BOQ - BANK OF QUEENSLAND - down seven cents or 0.97 per cent to $7.16 Bank of Queensland is optimistic about a recovery ..

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