Latest Finance News



Banks lead share market higher

Encouraging signs for the housing sector have driven a rise in banking shares, which pushed the market to a fifth straight day of gains. The release of China's latest economic growth figure of 7.5 ..

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RHG accepts latest Resimac bid

Mortgage business RHG, formerly RAMS Home loans, has accepted a sweetened takeover bid by lender Resimac, trumping a rival bid. On Monday, RHG directors announced they had agreed to accept the late..

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China growth slows to 7.5% in Q2

China's gross domestic product expanded 7.5 per cent in the April-June quarter, a second consecutive slowdown in growth as worries mount over the health of the world's second-biggest economy. The G..

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AGL to buy rival power play

Australia's second largest energy retailer AGL Energy is set to remove a rival in Australian Power & Gas (APG) by buying it for $103 million. The offer is a friendly one, with APG recommending ..

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Australian market set to open higher

The Australian market looks set to open in positive territory after Wall Street edged up to new highs following strong banking earnings that offset a profit warning from UPS and fresh trouble for Boei..

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