Latest Finance News



Aussie shares higher on bank strength

Australian shares finished higher as investors bought banking stocks in the absence of local drivers. RBS Morgans client adviser Alistair McCorquodale said the local market was in a holding pattern..

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Dodo, Primus buys boost M2 profit

The owner of the Primus and Dodo telco businesses has increased its full year profit by 33 per cent and expects further growth in the year ahead. M2 Telecommunications made a net profit of $43.8 mi..

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Specialty Fashion returns to profit

Specialty Fashion Group has returned to profit but has given a cautious outlook because consumer confidence remains weak. The company, whose brands include Millers, Katies, Crossroads, Autograph an..

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Spark to increase dividends

Electricity network investor Spark Infrastructure's half year profit has fallen but it expects to pay its shareholders higher distributions in the coming two years. The company, which owns interest..

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Australian share market opens higher

The Australian share market has opened higher after Wall Street made solid gains on Friday. "It's really been a bit of a positive lift from the fact that the US dollar retreated on Friday," IG mark..

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Dollar movements challenge Caltex

Caltex remains committed to reducing its oil refinery operations despite better margins and a falling dollar throwing the move's economics into question.Australia's largest transport fuel supplier sai..

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