Latest Finance News



Cheese maker doubles half year profit

Canadian owned Warrnambool Cheese and Butter Factory says international demand for dairy commodities remains strong. The company says its outlook for the remainder of the 2013/14 financial year rem..

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James Hardie rides US housing recovery

James Hardie is rewarding shareholders with a special dividend after more than doubling its profit as the US housing market picks up. The building products maker made a net profit of US$286 million..

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Credit growth picks up, but still slow

The value of credit outstanding to the private sector has risen 0.4 per cent. That rise, for January, was marginally slower than the 0.5 per cent rise in December, but it has still produced the big..

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Australian share market trading flat

The Australian sharemarket is flat at midday in the wake of a record session on United States markets overnight. "It is fairly flat but not a bad effort," Lonsec senior client adviser Michael Heffe..

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Virgin boss attacks Qantas over losses

Virgin Australia's boss has blamed Qantas for the air war that has left both airlines bleeding money and says its rival does not deserve government help. Virgin slumped to a first half net loss of ..

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Bulls drive S&P 500 to fresh record

The S&P 500 has set a new record close as buyers pushed up stocks helped by a cautiously positive view of the economy from Federal Reserve Chair Janet Yellen. The Dow Jones Industrial Average a..

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