Latest Finance News



Suncorp lifts profits by 74%

Suncorp will hike insurance premiums to offset claims costs and lower investment returns after Melbourne's Christmas Day hailstorms topped off the company's worst year for natural disasters. Speaki..

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SEEK posts record profit

The continuing migration of job advertisements to the web and growth of its Chinese and education businesses helped online jobs website SEEK to a record first half profit. However, chief executive ..

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Coca-Cola’s profit up 19%

Beverages supplier Coca-Cola Amatil (CCA) says markets in Indonesia and Papua New Guinea are its strongest performers, and boosting investments there will be a high priority in 2012. CCA said on We..

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Wotif posts record profit

An expansion into flight bookings has paid off for online travel company Wotif.com Holdings, lifting its first half profit to record levels. Wotif's net profit for the six months to December 31, 20..

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Shares in Woodside climb

Woodside Petroleum has met analyst expectations with a full year net profit of $US1.507 billion ($A1.42 billion) and is assessing acquisition opportunities that may be funded with cashflow from the Pl..

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Hourly wages grow by 0.9%

Wage growth is restrained and should not put any significant pressure on inflation nor stand in the way of a future rate cut, economists say. Total hourly rates of pay, excluding bonuses, rose by a..

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Dow bobs above 13,000

The Dow Jones Industrial Average topped 13,000 for the first time since May 2008 before falling back to close flat on Tuesday, in a bumpy day spurred by news of a long-awaited new bailout for Greece. ..

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Stocks to watch Wednesday

Stocks to watch on the Australian stock exchange early on Wednesday: AAI - ALCOA LTD - last traded at $10.50 Alcoa says it is not seeking to relocate staff en masse to a new plant in Saudi Arabi..

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