Latest Finance News



Aussie shares slide as commodities dip

Australian shares slid as weaker commodity prices weighed down the big miners and banking giant Westpac paid out its dividend. A fall in most base metal prices dented diversified resources giant BH..

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Groupon trims 3Q loss

Groupon has whittled its losses during the third quarter, but weak revenue growth underscores the challenges facing the online daily deal service as it tries to morph into a more comprehensive destina..

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$A lower as RBA cuts growth forecasts

The Australian dollar is lower after the Reserve Bank changed its growth forecasts for the economy. At 1200 AEDT on Friday, the Australian dollar was trading at 94.41 US cents, down from 94.83 cent..

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ANZ home mortgage rates left on hold

ANZ will keep its home mortgage rates on hold following the Reserve Bank of Australia's (RBA) Melbourne Cup day decision to leave the cash rate unchanged. The bank's standard variable rate remains ..

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Australian share market trading lower

The Australian market is trading lower on the back of weakness on Wall Street and Westpac paying out its dividend. US markets fell overnight in the wake of better-than-expected US gross domestic pr..

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Echo unveils $1.5b Qld casino plans

Echo Entertainment plans to spend $1.5 billion on a "once in a lifetime opportunity" to take a leading role in Queensland's bid to become a gambling epicentre.The company has unveiled plans to redevel..

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US stocks tumble despite Twitter IPO

US stocks have tumbled despite a successful launch of trading in Twitter stock and report on US economic growth that bested expectations by a wide margin. The Dow Jones Industrial Average lost 152...

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