Latest Finance News



Australian shares end week on high

Australian shares defied falls on other Asian markets to end the week with a gain. A positive mood among investors came after better than expected quarterly earnings from US companies overnight inc..

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LNG projects to share infrastructure

Two massive Queensland liquefied natural gas (LNG) projects will share pipeline infrastructure and swap gas in a deal expected to save hundreds of millions of dollars. The proponents of the multi-b..

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Pay for BOQ boss grows to $2.9m

Bank of Queensland chief executive Stuart Grimshaw's pay grew by 60 per cent to $2.9 million as the bank returned to profitability. Mr Grimshaw's base salary, bonuses and post-employment benefits r..

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ResMed lifts quarterly income

Sleep disorder equipment supplier ResMed's quarterly income is up 14 per cent with encouraging sales of new products.ResMed, which makes products for the diagnosis and treatment of respiratory disorde..

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Aussie shares firm as risk mood rises

Australian shares are firmer as better than expected earnings from US companies boosts investor sentiment. Ford, 3M and Microsoft were among the companies to post strong quarterly earnings reports ..

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AMP issues earnings warning

Superannuation and insurance firm AMP expects earnings to take a hit of up to $65 million in the final quarter of 2013 due to the poor performance of its wealth protection business.The number of polic..

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Whitehaven sees coal price recovery

Whitehaven Coal says it is seeing a recovery in long-depressed prices, after achieving record quarterly output.The NSW coal miner has also started talks with its lenders, led by ANZ, about restructuri..

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Transfield confident of meeting targets

Construction and maintenance group Transfield Services remains confident of hitting its profit target as it continues to cut costs and reduce debt.Transfield's earnings in the first quarter of the 201..

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US stocks edge higher on mixed earnings

US stocks have risen amid a mixed bag of earnings reports, as investors punished underperforming companies while bidding the overall market higher.The Dow Jones Industrial Average on Thursday rose 95...

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