Latest Finance News



Syria conflict hits Aussie share market

The Australian share market has suffered its steepest one-day fall in three weeks as speculation about a US military strike on Syria hits the big miners.CommSec market analyst Steven Daghlian said the..

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Dollar hits Warrnambool Cheese profit

The strong Australian dollar and high dairy prices have hit Warrnambool Cheese and Butter's annual profit, but the company maintains a glass half full outlook.Warrnambool's profit of $7.5 million in t..

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Domestic travel slump hits Wotif profit

Online travel agent Wotif.com's annual profit has dropped 12 per cent as tourists took advantage of a strong Australian dollar to journey further from home.That trend has boosted Wotif's volume of fli..

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BC Iron shares reach record high

Shares in iron ore miner BC Iron have reached an all-time high following a record production run.Shipments from its Nullagine mine in Western Australia, in which Fortescue Metals holds a 25 per cent s..

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Consumer confidence weighing on Woolies

Retail giant Woolworths expects consumer confidence to remain weak for the next 12 months as Australians deal with cost of living pressures and a flat job market.But it hopes the end of the federal el..

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AGL may be interested NSW power sale

Australia's second largest energy retailer AGL has raised the prospect of buying a NSW government-owned coal fired power station.The comments surprised analysts, given the current weakness in wholesal..

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US stocks sink amid Syria worries

US stocks have plunged as the country moves closer to punitive military action against Syria for its alleged use of chemical weapons in a devastating attack on civilians.Warnings stepped up from the U..

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