Latest Finance News



Webjet full-year profit grows by 25%

Online travel agent Webjet posted a net profit increase of nearly 25 per cent to $13.6 million for 2012 as consumer enquiries to the site through mobile devices doubled. Rising fuel costs and a str..

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Newspapers force News Corp loss

Rupert Murdoch's struggling Australian newspapers have helped drag down News Corporation's performance enough to produce a fourth quarter loss of $US1.6 billion ($A1.52 billion). The result was hit..

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APA ups stakes in Hastings takeover

Takeover target Hastings Diversified Utilities Fund (HDF) says it will consider an increased offer from pipeline operator APA Group. Hastings, which invests in energy infrastructure, is the subject..

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Telstra adds $500m to network spend

Telstra will invest an extra $500 million in its mobile and the national broadband (NBN) transition networks over the next two years, the telco says. Telstra said the investment of $500 million of ..

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