Latest Finance News



Share market closes lower

The Australian stockmarket has closed lower after disappointing Chinese manufacturing figures caused a sell off. It's the third straight week that local shares have finished in the red. Bell Dir..

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Echo unloads Townsville casino

Casinos operator Echo Entertainment Group is selling its smallest operation, the Jupiters casino in Townsville, to the privately-owned Colonial Leisure Group for $70 million. Echo expects to make a..

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Spending on WA oil and gas falls

Exploration spending in the West Australian oil and gas sector dropped by more than 10 per cent in the September quarter. The latest WA Resources and Economics Report shows that contributed to tota..

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ResMed’s US results disappoint

Sleep disorder equipment supplier ResMed is disappointed with the financial performance of its business in the United States, despite a profit rise. The company began in 1989, selling a device deve..

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AACo appoints Jason Strong as CEO

Beef producer Australian Agricultural Company (AACo) has appointed its current general manager of marketing, Jason Strong, as its new chief executive. "Since 2012, Jason has had responsibility for ..

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Share market lower in quiet trade

The Australian stockmarket has pushed its way into positive territory after a soft lead from overseas saw it start the local session in the red. The local market started the day on the back foot in..

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US stocks tumble on weak data

US stocks have sunk after a weak report on Chinese manufacturing activity and the latest batch of lacklustre corporate earnings. The Dow Jones Industrial Average slumped 175.99 (1.07 per cent) to 1..

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