Latest Finance News



Aussie bond prices close sharply lower

Australian bond futures prices have fallen on profit-taking, with low volumes accentuating the drop. CMC Markets chief market strategist Michael McCarthy said the fall was surprising, given the lac..

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Origin chief’s pay hits $8.35 million

The head of Australia's biggest electricity retailer has received a pay rise, taking his remuneration package nine per cent higher to above $8 million. Origin Energy's chief executive Grant King, o..

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Dulux poised to take control of Alesco

DuluxGroup is poised to take control of reluctant takeover target Alesco Corporation. The paint maker on Friday said its holding in Alesco had leapt to 50.2 per cent, just three days after the take..

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ANZ Bank sells its mortgage business

ANZ Banking Group has sold its wholesale mortgage distribution business as it continues to strengthen its capital position. ANZ's Origin Mortgage Management Services provides funding for about $2.2..

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Stocks to watch early on Thursday

Stocks to watch on the Australian stock exchange today AMC - AMCOR LTD - steady at $7.58 Amcor's chief executive Ken MacKenzie enjoyed a $1 million pay rise in 2011/12. BBG - BILLABONG INTERN..

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US jobless claims fall to 382,000

The number of Americans seeking unemployment benefits fell only slightly last week to a seasonally adjusted 382,000. The level suggests hiring remains weak. The Labour Department said on Thursday t..

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US markets rebound after opening lower

US stocks have ended mixed after poor economic data in the US, Europe and China pushed markets to losses in early trade. Healthcare and utility stocks fared well while transportation was a signific..

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