Latest Finance News



Australian shares close higher

The share market has closed higher. At the close on Friday, the benchmark S&P/ASX200 index was up 44.1 points, or 0.83 per cent, at 5,338.1, while the broader All Ordinaries index rose 41.3 poi..

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iiNet boss Malone resigns

Michael Malone has resigned as chief executive of iiNet, more than 20 years after co-founding the internet services provider. Mr Malone, who co-founded the company in a garage in Perth in 1993, ann..

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Metcash spends big to boost growth

Metcash boss Ian Morrice says the grocery wholesaler can still reach the $15 billion sales target set by his predecessor, after unveiling a major spending program to address declining revenues. The..

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