Latest Finance News



Australian shares fall heavily

Australian shares have suffered their heaviest daily fall in almost two months as nervous investors sold out due to a political impasse in the United States. But analysts say the falls are not worr..

Full Article >

Uniqlo heading Down Under

The operator of Japanese cheap-chic clothing chain Uniqlo says it's opening a store in Melbourne early next year. "Uniqlo has selected Emporium Melbourne, a brand new retail complex in the heart of..

Full Article >

Australian share market trading lower

The Australian share market is trading lower as investors react to the political impasse over the United States' debt ceiling. "The American debt ceiling and political imbroglio has had an effect o..

Full Article >

Inflation rises slightly in September

Inflation is expected to remain benign despite the weaker Australian dollar, giving the Reserve Bank scope to cut the cash rate further if needed. The TD Securities/Melbourne Institute Monthly Infl..

Full Article >

Origin sells more than $1bn in bonds

Australia's largest electricity retailer Origin Energy has sold 800 million in euro bonds ($A1.17 billion) to refinance debt.The proceeds from the eight-year medium-term notes will be used to repay cu..

Full Article >

Funtastic looks overseas to boost profit

Toy company Funtastic is shifting its focus towards international markets due to the persistent weakness of the Australian retail sector.Chief executive Stewart Downs said sales of Funtastic products ..

Full Article >