Latest Finance News



Tassal fishes for further profit

Australians are eating more salmon, which means another year of booming sales for Tasmanian fish producer Tassal. The company made a net profit of $33.4 million in the year to June 30, a 19.1 per c..

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BHP profit falls 30% $US11b

BHP Billiton has committed $US2.6 billion to its Canadian potash project in a surprise move, as the mining giant suffered a heavy fall in annual profit. BHP's net profit plunged by 30 per cent in t..

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Shares rebound after RBA minutes

Australian shares have lifted following the release of the Reserve Bank of Australia's minutes, but the market remains in negative territory. The S&P/ASX200 was around 0.5 per cent lower in ear..

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RBA not cutting cash rate for a while

Borrowers may have to wait until at least Melbourne Cup day for the next interest rate cut from the Reserve Bank of Australia.The central bank has made it abundantly clear that it won't cut the cash r..

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US stocks drop again in light volume

US stocks have closed lower, continuing their trend downward on mediocre economic news and higher bond yields. The Dow Jones Industrial Average dropped 70.73 (0.47 per cent) to 15,010.74 on Monday...

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