Latest Finance News



Programmed records flat profit

Programmed Maintenance Services has recorded a flat half year profit despite taking a hit to revenue as a result of a slowdown in investment in the resources sector. The company, which provides rec..

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Daily Mail to launch Australian website

Daily Mail Group will follow in the footsteps of fellow British newspaper The Guardian by launching an Australian website in early 2014. Publisher Martin Clarke on Wednesday announced the company w..

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ADM ups Graincorp spending promises

US food giant Archer Daniels Midland (ADM) has enhanced its takeover offer for GrainCorp with extra commitments to the Australian agriculture sector.ADM is promising an extra $200 million investment i..

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Elders CEO Malcolm Jackman retires

Elders chief executive Malcolm Jackman says he is leaving the rural services provider in good shape - but not great shape. Elders said on Wednesday that Mr Jackman would be leaving the company imme..

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Mining work boosts construction data

There was a strong rise in construction work done figures for the September quarter but recent positive housing data does not seem to be translating into more homes being built. Completed construct..

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Rex expects profit to fall

Regional airline Rex expects its profit to fall in the current financial year because of weak economic growth, the high Australian dollar and rising fuel prices. The company made a profit of $14 mi..

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Bega weighs options in Warrnambool fight

Bega Cheese is considering whether it will join legal efforts to stall Canadian firm Saputo's takeover offer for Warrnambool Cheese and Butter.Dairy cooperative Murray Goulburn on Wednesday sought to ..

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Bank of Qld cautious on local economy

Bank of Queensland (BoQ) says it will be at least another year before it sees any benefits from a lower Australian dollar.While BoQ returned to profit in the year to August, after becoming the first A..

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