Latest Finance News



China looks beyond mining in Australia

Australia is the third most popular investment destination for Chinese companies and funds are being directed not just to mining and resources. Chinese companies with operations in Australia are in..

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Ansell CFO stands down

Medical gloves and condoms maker Ansell is looking for a new chief financial officer after Rustom Jilla stood down to take another job. Ansell said Mr Jilla was leaving to take up another opportuni..

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NBN ‘too expensive’ for TV networks

The national broadband network (NBN) will hurt regional broadcasters, and TV stations should get free access to the network, Seven West Media chairman Kerry Stokes says.Seven's regional Queensland net..

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Optus Satellite business under review

Optus' parent company is considering selling the Australian telco's satellite business. Optus Satellite has five satellites providing services for broadcasters including the ABC, SBS, Foxtel, South..

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Australian share market opens lower

The Australian market has fallen by almost 1.5 per cent due to concerns about a bailout of Cyprus and falls on Wall Street. A European Union bailout of Cyprus had scared investors and led to a negati..

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Visa to outlaw hefty card fees

Hefty credit card surcharges could be on the way out after Visa became the first company to ban Australian retailers from slapping on the fees. New rules come into force on Monday, which Visa says ..

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