Latest Finance News



Retail sales rise in August

Retail spending rose 0.6 per cent in August, according to official figures.Retail trade rose in the month to a seasonally adjusted $20.813 billion, compared to an upwardly revised $20.679 billion in J..

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Services sector activity rises

Activity in the Australian services sector expanded in September for the second consecutive month, with some sub-sectors helped by the mining boom, a private survey shows.The Australian Industry Group..

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Coffey to raise $40 million

Engineering firm Coffey International says it will issue about $40 million in new shares to pay down debt.The company announced a fully underwritten capital raising on Wednesday to "substantially stre..

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Stocks to watch Wednesday

Stocks to watch on the Australian stock exchange on Wednesday:CEU - CONNECTEAST GROUP - steady at 54.5 centsHorizon Roads' $2.17 billion take-over of toll road owner ConnectEast will proceed after the..

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