Latest Finance News



Best day on share market since 2011

The share market has posted its strongest day in 20 months as the global economic outlook improves and interest rates remained on hold. Shares gained about $39 billion in value on Tuesday, in the l..

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Power plant’s waste to become fuel

Greenhouse gas emissions from one of Australia's largest coal fired power stations will be used to produce biofuels as its owner attempts to reduce its carbon bill. Biofuel company Algae.Tec has si..

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BHP says productivity not costing jobs

Mining giant BHP Billiton says its new remote operations centre and trial of driverless trucks will boost productivity without sacrificing jobs.The centre in Perth provides a real-time view of the com..

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Rates unchanged as dollar falls

The Reserve Bank of Australia has kept the cash rate unchanged as the falling Australian dollar does the central bank's work.In a statement accompanying the decision to keep the rate at a record low o..

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Online sales growth slows in May

Online retail spending grew at a slower rate in May, after getting a boost the previous month from Mother's Day. National Australia Bank's (NAB) latest online retail sales index showed online spend..

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US stocks rise on solid economic data

US stocks have spent the day in positive territory on generally strong manufacturing data, although leading indices closed well below their intraday highs. The Dow Jones Industrial Average on Monda..

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