Latest Finance News



Home sales fall could be temporary

Sales of new homes have fallen, after reaching their highest level in two years in September, a survey shows. New home sales fell by 3.8 per cent in October, seasonally adjusted, following a 6.4 pe..

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Ramelius focused on Mt Magnet

Gold miner Ramelius is working to get its flagship asset in Western Australia profitable next year despite a weaker gold price. Although exploration expenditure for the current financial year had b..

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Leighton awarded Qld highway contract

Leighton subsidiary John Holland Group has been awarded a $112 million highway construction project in Queensland. The company has been appointed construction contractor for stage two of flood miti..

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Business investment still holding up

A bigger than expected rise in business investment shows the moderation in the mining sector won't hit the overall economy, an economist says. Australian business investment rose by 3.6 per cent in..

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Non-mining investment picking up pace

Business investment is surprisingly strong across all of the sectors of the economy, which may mean there won't be a central bank interest rate cut in the coming months. Business investment rose by..

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Another new bid in dairy takeover battle

Murray Goulburn has lifted its offer for Warrnambool Cheese and Butter to $533 million to stay in the three way race for the historic dairy company.The latest Murray Goulburn offer - $9.50 for each Wa..

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Origin sells gas to BG Group

Origin Energy has struck a deal to supply gas to petroleum company BG Group's Queensland Curtis liquefied natural gas (LNG) project. The move continues a trend by the partners in the state's three ..

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Dow, S&P 500 hit records on new data

US stocks have risen to new records following a stream of mixed economic data on the eve of the Thanksgiving holiday.The Dow Jones Industrial Average tacked on 24.53 (0.15 per cent) at 16,097.33 on We..

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