Latest Finance News



BHP faces possible corruption action

BHP Billiton is facing possible corruption action by US regulators stemming from the Beijing Olympics and an investigation. The US Securities and Exchange Commission (SEC) and Department of Justice..

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APN looks for more cost savings

Jobs could be on the line as the Australian regional media (ARM) operations of APN News and Media look for more cost savings with revenue continuing to fall. APN chief executive Michael Miller said..

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New car loans boost AHG profits

Australia's largest automotive retailer has boosted its profits thanks largely to the low interest rates offered on personal car loans. Automotive Holdings Group, which owns dealerships in Australi..

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$15.3m loss for builder AVJennings

Home builder AVJennings has recorded another annual loss, but says the real estate market is improving. The company made a net loss of $15.3 million in the year to June 30, compared to a loss of $2..

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Ramsay and Medibank fight over funding

Australia's biggest private hospitals operator, Ramsay Health Care, is urging patients to quit Medibank should a dispute with the insurer over funding not be resolved satisfactorily.But Medibank, whic..

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ANZ optimistic after profit hits $4.8b

ANZ boss Mike Smith is optimistic about ongoing strength in the Australian and Chinese economies, which he says will drive profit growth for country's most Asia-exposed bank. The bank made a cash p..

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