Latest Finance News



Coal industry intrigue continues

What to make of Australia's coal industry machinations, such as Rio Tinto opening a new coal mine and selling an old one in 10 days? Less than five years years ago, coal was Australia's biggest exp..

Full Article >

Coffee Club expands into Persian Gulf

A Queensland-grown cafe empire is expanding its presence in the Middle East with The Coffee Club planning to open 100 new stores in the Persian Gulf within the next decade. The group has signed a l..

Full Article >

Australian share market trading higher

The Australian sharemarket is trading at its highest level for the year, led by the major banks. Lonsec senior client adviser Michael Heffernan said the Australian market was looking very strong. ..

Full Article >

Rio Tinto sells Clermont Mine

Rio Tinto has agreed to sell its majority stake in its Clermont coal mine, in central Queensland for more than $1 billion. The mining giant will sell its 50.1 per cent stake in the Clermont mine to..

Full Article >

Treasury Wine may face class action

Treasury Wine Estates (TWE) may be sued by shareholders over writedowns on excess stock in the United States.Litigation funder IMF and Maurice Blackburn lawyers announced the funding of the class acti..

Full Article >

Health clubs boost Ardent revenue

A solid performance from its expanded health clubs division has helped boost first quarter revenue and earnings for Ardent Leisure Group.The leisure and entertainment provider, which operates health c..

Full Article >