Latest Finance News



Flat day on local market

The Australian share market has closed almost flat, with a healthy quarterly earnings report from the Commonwealth Bank the highlight.Overseas markets had not provided the Australian bourse with any s..

Full Article >

Leighton vows to fight legal action

Construction giant Leighton has seen more detail of a claims being made in a class action related to allegations of corruption in the company, and says it will vigorously defend the action.Melbourne s..

Full Article >

AMP issuing $200m in new securities

Financial services and insurance firm AMP is seeking to raise $200 million from investors through new securities - only weeks after flagging a profit downgrade. AMP is issuing unsecured and subordi..

Full Article >

CBA on track for profit above $8b

Commonwealth Bank is on track for an annual profit in excess of $8 billion after lifting its earnings 14 per cent in the first three months of the financial year.Australia's largest home lender record..

Full Article >

US stocks close mostly lower

US stocks have ended mostly lower as analysts pointed to the need for markets to absorb recent gains after a number of records in the past couple of weeks.The Dow Jones Industrial Average on Tuesday f..

Full Article >