Latest Finance News



Market rally continues

Australian shares have closed significantly higher for a second straight day as investors grew more confident about China's financial system. A positive lead from Wall Street also helped local shar..

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Tinkler pays $12m bill on time

Former billionaire Nathan Tinkler has paid a $12 million bill to coal explorer Blackwood allowing him to avoid moves to freeze his assets. Blackwood released a statement on Thursday saying that Mr ..

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Job vacancies fall 7.3%

The number of job vacancies in Australia fell by 7.3 per cent, official statistics show. The total number of vacancies in May 2013 was 138,900, in seasonally-adjusted terms, compared with 149,800 i..

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GrainCorp rises as ACCC backs takeover

The competition regulator says it won't oppose the $3 billion-plus takeover of Australia's largest grain-handler GrainCorp by American food giant Archer Daniels Midland.Australian Competition and Cons..

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Toll Holdings warns of job cuts

Transport and logistics group Toll Holdings has warned it will cut jobs due to the poor performance of its global freight services business.The comments came as the company announced a $200 million wr..

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