Latest Finance News



Australian shares close stronger

The Australian share market enjoyed a bumper day, closing almost one and a half per cent higher on positive overseas leads. Lower than expected inflation in China in March appears to have convinced..

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Rex applies to develop SA copper mine

Rex Minerals hopes to start work on developing what it says is Australia's largest unexploited copper project, from next year. The mining hopeful has asked the South Australian government for appro..

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Alumina shares jump on good news

Shares in Australia's Alumina have leapt up after its joint venture partner Alcoa signalled that the aluminium industry had turned around, with a jump in profit. The US aluminium giant Alcoa report..

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NBN able to work with both parties

The company charged with building the national broadband network will adjust to any changes the federal opposition makes to the project if it wins the September election. Opposition Leader Tony Abb..

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Stocks to watch at noon on Tuesday

Stocks to watch on the Australian stock exchange at noon on Tuesday: TEN - TEN NETWORK HOLDINGS - up one cent, or 3.4 per cent, at 30.5 cents Ten has posted a $243.3 million first half loss, its..

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Michael Hill sales rise

Michael Hill International, the jewellery chain that bears its founder's name, said sales in the first nine months of the year rose 8.8 per cent on revenue gains in its biggest markets of Australia an..

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Ten posts $243 million first half loss

Ten Network Holdings has posted a $243.3 million first half loss, its results dragged down by one-off redundancy, termination and impairment costs. The network's loss was hit by $304 million in cos..

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