Latest Finance News



Australian share market closes lower

The Australian share market finished more than one per cent lower after better than expected jobs data cut the chance of another interest rate cut. Analysts say interest rates will stay on hold for..

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Pay TV joins attack on media reforms

Media companies are subject to enough regulation and piling any more on them will restrict their growth, the head of Australia's pay TV industry says. The chairman of Subscription Television Austra..

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Sigma says PBS growth outlook is flat

Sigma Pharmaceuticals is looking at new ways of enticing customers into its pharmacies in an attempt to drive revenues.The drugs distributor and pharmacy services provider says it can't rely on growth..

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Aurizon wins major Xstrata deal

Freight rail operator Aurizon has won a coal haulage contract in Queensland with mining giant Xstrata. Aurizon has won the right to haul coal from Xstrata's expanded Rolleston mine, where productio..

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Australian shares edge higher

The Australian share market has opened higher, with gains by bank, retail and health stocks offsetting further losses by the miners. At 1015 AEDT on Thursday, the benchmark S&P/ASX200 index was..

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Dow extends record-setting streak

The Dow Jones Industrial Average set a new record closing for the seventh straight day Wednesday as US stocks registered small gains. The Dow added 5.22 points (0.04 per cent) at 14,455.28, also it..

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Australian market set for flat start

The Australian market is set for a flat start despite an unexpectedly strong increase in US consumer spending in February. Wall Street rose slightly, its ninth straight session of gains. At 0702..

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