Latest Finance News



Shares fall due to weaker commodities

Australian shares have finished lower as weaker commodities prices and the prospect of higher unemployment weighed on investors. RBS Morgans client adviser Bill Chatterton said the big miners and b..

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RHG board recommends takeover offer

The board of mortgage business RHG - formerly RAMS Home Loans - has recommended its shareholders accept a $145.3 million takeover deal. The RHG board unanimously recommended shareholders accept the..

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Tiger air becomes part of Virgin

Virgin Australia is back in the budget travel business after inking its 60 per cent stake in the newly-rebranded Tigerair Australia. The partial takeover comes after the move, announced in October ..

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ASIC to monitor analysts briefings

The corporate watchdog will monitor briefings between analysts and company officials in the wake of the Newcrest Mining disclosure scandal. The Australian Securities and Investments Commission (ASI..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, July 8 CWN - CROWN - up 39 cents, or 3.2 per cent, at $12.60 EGP - ECHO ENTERTAINMENT - down 15 cents, or 5.2 per cent, at $2.76 Sh..

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US stocks surge on jobs report

US stocks have racked up solid gains after a good US jobs report for June. At the closing bell on Friday, the Dow Jones Industrial Average jumped 147.29 (0.98 per cent) to 15,135.84. The broad-b..

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