Latest Finance News



Australian market closes higher

Australian stocks have closed higher as ANZ's $3 billion plus half-year profit dragged its shares to record highs and the local market along for the ride. RBS Morgans Brisbane senior client adviser..

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Wet weather affects Origin production

Extreme wet weather in Queensland has contributed to a fall in quarterly revenue and production from energy supplier Origin Energy's oil and gas fields. Origin on Tuesday released its March quarter..

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Rio opens $2.2 billion diamond mine

Mining giant Rio Tinto says its new $2.2 billion underground diamond mine at Argyle will produce up to 20 million carats per year. Rio opened the mine in the remote East Kimberley region of Western..

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Poseidon to reopen Windarra mine

Andrew "Twiggy" Forrest's Poseidon Nickel will re-open the historic Windarra nickel mine in Western Australia. Poseidon on Tuesday announced that a study had confirmed the viability of the company'..

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NRW Holdings wins $180m Rio deal

Mining services provider NRW Holdings has won a $180 million contract at Rio Tinto's Nammuldi iron ore mine in Western Australia's Pilbara region. The contract includes bulk earthworks for the proc..

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