Latest Finance News



QR executive pay levels ‘topical’

A senior executive with rail freight giant QR National has downplay shareholder anger at its executive pay levels, describing it as "topical". QR National's senior vice president of coal business d..

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Santos tips further production growth

Oil and gas company Santos expects its production to rise in 2013 as new projects come online. In a presentation to investors on Thursday, the company repeated its forecast for production in calend..

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Woolies confident of profit growth

Woolworths still expects profit to rise in this financial year after a pleasing first four months. Chief executive Grant O'Brien said on Thursday the company maintained its expectations of a rise i..

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Myer CEO calls for December rate cut

A December interest rate cut from the central bank would give the economy a boost and deliver retailers a pre-Christmas shot in the arm, Myer chief executive Bernie Brookes says. Mr Brookes said My..

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Goodman Fielder on track for savings

Breads and spreads supplier Goodman Fielder says it is confident that it can generate $100 million in targeted annual savings by 2015. Goodman Fielder managing director Chris Delaney said the compa..

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US stocks score modest gains

US stocks have notched up modest gains after a mixed batch of economic data and another eurozone failure to agree on a crucial aid payment for Greece. The Dow Jones Industrial Average was up 48.77 ..

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