Latest Finance News



Business profits get surge from mining

The mining and resources sector have reminded us that they are still the big guns of the Australian economy, pushing company profits to an 18-month high in the March quarter. Company gross operatin..

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Retail spending soft in April

Retail spending is a little stronger than it was a year ago, but consumers are still cautious and are likely to remain that way for the near future. Retail spending was up 0.2 per cent in April, se..

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Figures point to plodding GDP growth

The latest batch of figures seems to confirm that the economy grew in the early months of this year, but only at a plodding pace unlikely to add any pep to the jobs market. Over the long haul, the ..

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Cochlear drops to fresh low on guidance

Cochlear has lost nearly a fifth of its market value after the hearing-implant maker flagged weakness in its key US market and slowing growth ahead of a new product launch.Cochlear, which dominates th..

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Australian market set to fall

The Australian share market is set to open significantly lower after heavy falls on Wall Street on Friday night. But encouraging manufacturing data out of China on the weekend could provide a boost..

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