Latest Finance News



BHP tipped to post $US7bn profit

Mining giant BHP Billiton is expected to have arrested a two year earnings slide in the past six months, and shareholders may be rewarded with an increased dividend. However it is unlikely to match..

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Almost 1500 Forge employees now sacked

Almost 1500 Forge Group employees have now been sacked as all but one of the collapsed company's projects grind to a halt. Michael Smith from receivers KordaMentha said that number could grow. "..

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Vehicle sales fall in January

Sales of new motor vehicles fell 3.5 per cent in January. There were 93,232 new vehicles sold in the month, compared with 96,573 in December, seasonally adjusted figures from the Australian Bureau ..

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UGL hopes to grow earnings amid offers

Engineering and property services group UGL is hopeful of growing earnings in 2014 despite fielding offers for its property business. UGL says it has endured a complicated and challenging year and ..

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Bendigo Bank’s profit grows

Bendigo and Adelaide Bank has lifted its cash profit almost 10 per cent as lower funding costs offset the impact of weak lending growth. Australia's largest regional lender made a cash profit of $1..

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Aurizon increases coal haulage forecast

Australia's largest freight rail operator expects to haul more coal this year than previously forecast, but has suffered a fall in half year profit. Despite a long downturn in the Australian coal m..

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