Latest Finance News



CUA to manage $10b by end of FY 2013

Credit union CUA predicts it will have $10 billion in assets under management by the end of the financial year as its revenue streams grow. The total number of new loans settled in the first half i..

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Billabong probes sharp share plunge

Billabong says it notes a media report that the troubled surfwear retailer's equity value could be worthless if its pre-tax earnings guidance falls to around $50 million in the 2015 financial year.It ..

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Australian shares open higher

The Australian share market has opened nearly a quarter of a per cent higher. At 1010 AEDT on Thursday, the benchmark S&P/ASX200 index was up 11.7 points, or 0.23 per cent, at 4,979.0, while th..

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Brickworks rejects restructure calls

Brickworks has shut the door on those keen to end the company's decades old cross-shareholding with Washington H Soul Pattinson, vowing not to waste any more time on proposals with little substance.Br..

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