Latest Finance News



Private sector credit up 0.2% in August

Australian credit grew at a snail's pace for the third month in a row in August. Total credit provided to the private sector by banks and other lenders rose by 0.2 per cent in August after rises of..

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Centro bosses paid millions

The head of the former Centro Properties Group was paid $3 million in the final five months of the shopping centre owner's operation. Centro was one of Australia's highest-profile casualties of the..

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Alesco caves in to Dulux bid

Hostile suitor DuluxGroup has forced Alesco into an 11th-hour acceptance of its takeover offer that saved shareholders from missing out on an extra 27 cents per share dividend. Building products an..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, Sept 28: ALS - ALESCO CORPORATION LTD - in trading halt, last traded at $2.00 DLX - DULUXGROUP LTD - down one cent, or 0.31 per cent, ..

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Caltex plant closure set in stone

Caltex Australia has confirmed it will close its Kurnell refinery in Sydney in the second half of 2014 after discussing the proposal with staff and unions. The company announced on July 26 it plann..

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Australian market preview

The Australian market is set to open slightly higher after world markets reacted positively to the release of Spain's 2013 budget supporting its austerity measures. At 0719 AEST on Thursday, the De..

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Spain budget drives US stocks higher

US stock markets scored solid gains on Thursday amid speculation of additional stimulus measures from China and after Spain announced a 2013 austerity budget. The Dow Jones Industrial Average advan..

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