Latest Finance News



RBA confirms rates on hold, for now

The Reserve Bank of Australia has signalled it's happy to maintain its current perch on the fence. The central bank validated widely held expectations by leaving the benchmark cash rate on hold at ..

Full Article >

Tinkler company could be sold

Receivers are preparing to put Nathan Tinkler's Aston Metals resources company up for sale after it failed to pay its debts. The metals explorer, which owns five projects around Mt Isa in Queenslan..

Full Article >

Nokia sells its phone unit to Microsoft

Beleaguered Finnish company Nokia has announced the sale of its mobile phone unit to Microsoft for $US5.44 billion euros ($A6.08 billion), bringing to an end its days as a phone-maker.Nokia will grant..

Full Article >

Current account data point to tepid GDP

Australia's balance sheet has received a bit of a blow, which may mean a sluggish result for June quarter gross domestic product (GDP) figures, due out on Wednesday.Balance of payments and internation..

Full Article >

ACCC approves Virgin-Air NZ alliance

The competition watchdog has given the green light for a trans-Tasman airline alliance between Virgin Australia and Air New Zealand to continue for another five years.Australian Competition and Consum..

Full Article >

Australian stocks open higher

Australian stocks have opened slightly higher following positive leads from European markets. CMC chief market analyst Ric Spooner said the market had taken its cue from official figures which show..

Full Article >