Latest Finance News



Australian share market slightly lower

The Australian share market is trading slightly lower as investors take stock after recent gains and wait on Tuesday's cash rate decision. The local market was fairly directionless ahead of the Res..

Full Article >

Company profits expected to be flat

Despite the strong rise on the share market over the past year, expectations for the forthcoming company reporting season are decidedly flat. After a 2012/13 financial year that featured a slowdown..

Full Article >

Virgin Aust expects loss of up to $110m

Airline Virgin Australia expects to book an annual loss of $95 million to $110 million, blaming the difficult economy, competition, restructuring costs and the carbon tax.Virgin Australia also took lo..

Full Article >

iiNet buys Adam Internet for $60m

Internet provider iiNet will pay $60 million to purchase South Australian-based Adam Internet. The purchase will add about 70,000 new broadband subscribers to iiNet's books. Adelaide-based Adam ..

Full Article >