Latest Finance News



AGMs could be on the chopping block

Shareholders could lose their once-a-year opportunity to mingle with the company directors, if the government's corporate law adviser has its way and scraps annual general meetings (AGMs). Corporat..

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Crown raises $532m in notes offer

James Packer's Crown Casino has raised $532 million through its subordinated notes offer. The amount exceeded the $400 million Crown in August said it was seeking to raise. Crown said it had iss..

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Thiess wins $154m Barangaroo contract

Leighton Holdings' engineering, construction and mining services subsidiary Thiess has won a $154 million contract to build a walkway through Sydney's CBD to the Barangaroo development. The key ped..

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Aussie dollar surges on US stimulus

The Australian dollar has surged to its highest level in a month after the US Federal Reserve announced fresh measures to stimulate the country's sluggish economy. At 0700 AEST on Friday, the curre..

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Fortescue shares drop on debt request

Fortescue Metals Group has had $1.5 billion wiped from the value of its market capitalisation as its share price slumped to a fresh three-year low, amid reports it has asked lenders to waive its debt ..

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Retailers call for GST on online sales

Retailers have launched another campaign to have GST charged on internet purchases from overseas, warning that Australian governments will forgo revenue of more than $2.4 billion over the next three y..

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