Latest Finance News



Tinkler faces more legal woes

Whitehaven shareholders could be the big losers from Nathan Tinkler's financial problems as speculation mounts he will have to dump his stock in the coal miner. A second Tinkler-owned company is fa..

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Leighton to sell telco infrastructure

Leighton Holdings is looking to sell its phone and internet infrastructure assets. Leighton owns three telecommunications companies that have their own cable and data networks - Nextgen Networks, M..

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Stocks to watch early on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, September 25 NPX - NUPLEX INDUSTRIES LTD - down 22 cents, or 8.84 per cent, at $2.27 Resins maker Nuplex Industries will close four f..

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US home building rebounds in August

New home construction in the United States rebounded in August from a July decline as the distressed housing market slowly continues to stabilise, government data shows. Housing starts rose 2.3 per..

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US stocks close almost flat

US stocks have pared early gains and closed barely changed, with little concrete news for investors to grab onto. At the close of trade on Friday, the Dow Jones Industrial Average was down 17.46 po..

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Aussie bond prices close sharply lower

Australian bond futures prices have fallen on profit-taking, with low volumes accentuating the drop. CMC Markets chief market strategist Michael McCarthy said the fall was surprising, given the lac..

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Origin chief’s pay hits $8.35 million

The head of Australia's biggest electricity retailer has received a pay rise, taking his remuneration package nine per cent higher to above $8 million. Origin Energy's chief executive Grant King, o..

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Dulux poised to take control of Alesco

DuluxGroup is poised to take control of reluctant takeover target Alesco Corporation. The paint maker on Friday said its holding in Alesco had leapt to 50.2 per cent, just three days after the take..

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ANZ Bank sells its mortgage business

ANZ Banking Group has sold its wholesale mortgage distribution business as it continues to strengthen its capital position. ANZ's Origin Mortgage Management Services provides funding for about $2.2..

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Stocks to watch early on Thursday

Stocks to watch on the Australian stock exchange today AMC - AMCOR LTD - steady at $7.58 Amcor's chief executive Ken MacKenzie enjoyed a $1 million pay rise in 2011/12. BBG - BILLABONG INTERN..

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