Latest Finance News



Banks lift share market

The Australian share market is higher as strong gains among the major banks offset falls by several major resources companies. IG Markets institutional dealer Chris Weston said there was no real ex..

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Seek defies rising unemployment

Jobs website Seek has made a record profit but its chief executive warns its business will go backwards unless the economy improves. A weakening job market is bad news for the company, as the numbe..

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Super Retail Group profits up

Super Retail Group has grown its full year profit by 23 per cent as discerning shoppers tweak their budgets so they can afford to keep up their hobbies. The auto, sports and leisure retailer lifted..

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NBN speeds up iiNet profit, growth

Australia's second-largest internet provider iiNet is proving there's nothing wrong with being number two, after posting a 64 per cent rise in profit.The company made a net profit of $60.9 million in ..

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Iluka learns but profit well down

Iluka Resources' chief says he has learnt from the violent swings in the mineral sands market and does not want a repeat of them or the $31.1 million in restructuring costs incurred this year.A year a..

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US stocks fall ahead of Fed minutes

US stocks have opened lower after a series of mixed retail earnings reports ahead of the afternoon release of minutes from the last Federal Reserve monetary policy meeting.Five minutes into trade on T..

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