Latest Finance News



Australian shares fall

Australian shares have fallen for the first time in seven trading sessions following a jump in China's money market rate. Concerns about a lack of funds in China's banks overcame a buoyant mood in ..

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Telstra reshuffles senior management

Telstra is reshuffling its senior management as part of an effort to boost revenue and focus on new growth areas. Chief executive David Thodey said the restructure was designed to ensure the compan..

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Super Retail expands as sales improve

The owner of Rebel Sports and Supercheap Auto plans to open 25 new stores in the year ahead, and says sales are improving.Super Retail also owns the Ray's Outdoors, Boating Camping Fishing (BCF) and A..

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Jobs lost at NSW coal mine

Almost 40 workers at the Berrima coal mine in the NSW southern highlands will lose their jobs when production at the mine is halted this week. Building products maker Boral owns the mine, which has..

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Plenty of gas on east coast, says AGL

The solution to the predicted gas supply crisis facing 17.5 million east coast Australians is under peoples' feet, the head of utility giant AGL Energy says.Chief executive Michael Fraser says Austral..

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US stocks rise despite weak jobs data

US stocks have risen on generally solid corporate earnings and increased confidence after a weaker-than-expected jobs report suggested the US Federal Reserve will not soon scale back its stimulus prog..

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