Latest Finance News



Class action filed against Leighton

Construction giant Leighton has vowed to fight a class action filed by shareholders seeking to recover losses stemming from the company's massive profit downgrade in 2011. Two years after it first ..

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Coles vows its canned fruit all Aussie

Supermarket giant Coles' private label canned fruit will all be Australian-grown from early next year. Wesfarmers' grocery subsidiary has signed a deal with SPC Ardmona (SPCA) to source 100 per cen..

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New home sales hit a two year high

A rise in new home construction appears to be gaining traction with new home sales hitting their highest level in over two years.Sales of new homes increased by 6.4 per cent in September, seasonally a..

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Australian shares open higher

Australian stocks have opened higher after Wall Street's Dow Jones and S&P 500 both hit fresh record highs.IG market strategist Evan Lucas said the local market was benefiting from the US' solid lead,..

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Transpacific Industries selling NZ arm

Transpacific Industries, the Australian waste manager, has put its New Zealand business up for sale, two years after writing down its value.The Queensland-based company has hired Deutsche Bank to help..

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Commodities markets summary

A summary of trading in key commodities markets overseas:ENERGYGlobal oil prices fell as dealers booked profits from the prior gains and awaited the US stockpiles report, expected to show yet another ..

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Dow, S&P 500 close at record highs

The Dow and S&P 500 closed at fresh all-time highs on Tuesday, a day before a US Federal Reserve decision that is expected to maintain its aggressive monetary stimulus.The Dow Jones Industrial Average..

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