Latest Finance News



Reject Shop profit down more than 30%

The Reject Shop has reported a "disappointing" result as full year profit fell 31 per cent after the discount chain was caught in the fallout of the summer's natural disasters.Company chairman Bill St..

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Westfield looks beyond retail malaise

Shopping centre owner Westfield Group says it is looking beyond the current malaise in retail spending, pinning its hopes on its first foray into Italy and Brazil while the outlook for its US operatio..

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Boral boss defends $530m takeover

Boral's chief executive has defended the $530 million price the building materials company paid to buy the other half of its Asian plasterboard joint venture.Some analysts regard the price tag as too ..

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Tabcorp’s profit lifts 14%

Wagering and gaming firm Tabcorp says its continuing businesses are well positioned, and the company is confident heading into the current financial year.Tabcorp, which demerged its casino operations ..

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Westpac aims to slash costs

A new push by Westpac Banking Corporation to improve productivity is likely to result in job losses and outsourcing overseas.The country's second biggest bank plans to reconfigure its back office and ..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange at close on Tuesday:ANN - ANSELL LTD - up 54 cents at $13.68Ansell has increased full year profit by 2.7 per cent as the rubber gloves and condom maker..

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