Latest Finance News



Market rises as Syria worries ease

The Australian share market is higher as investor caution caused by possible military action against Syria eased. Shares were buoyed by a strong lead from Wall Street, which was boosted by better t..

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Nufarm fined over death of worker

Farming chemicals supplier Nufarm has been fined $300,000 after a worker died at one of its Melbourne facilities. Steve Turnbull died in May 2011 after being exposed to a toxic chemical used to mak..

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Market higher amid subdued activity

The Australian market is higher amid subdued activity as weary investors await news on whether the West will launch military action against Syria. The All Ordinaries was 0.3 per cent higher in midd..

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Leighton wins $246m project in India

An Indian building company owned by construction giant Leighton has won a $246 million contract to build a luxury apartment building south of New Delhi. Leighton Welspun Contractors is part of the ..

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Ship builder Austal triples profit

Ship building and maintenance company Austal has more than tripled its annual profit due partly to its growing work with the United States Navy.Austal made a net profit of $35.9 million in the 2012/13..

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Harvey Norman optimistic as sales rise

After years of sales and profit declines in his Harvey Norman retail chain, Gerry Harvey finally has a reason to smile.Sales in Harvey Norman stores have lifted in the past six months and Mr Harvey, t..

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Virgin Australia records $98.1m loss

The global airlines that own more than half of Virgin Australia have lent the company $90 million as it fell to a $98.1 million full year loss.The move by the companies to become Virgin's lenders has ..

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