Latest Finance News



Unemployment rate drops to 5.1%

Australia's unemployment rate fell to 5.1 per cent in August, official figures show. The July figure was 5.2 per cent. Total employment fell 8,800 to 11.498 million in August, according to the s..

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Brambles says it is in good shape

Pallets and containers supplier Brambles says it has entered the 2012/13 financial year in good shape despite uncertain economic conditions. "Brambles has entered the 2013 financial year in robust ..

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Hacking scandal hits News Corp bonuses

Rupert and James Murdoch have had part of their multi-million dollar cash bonuses withheld as a result of News Corp's UK phone hacking scandal. But the company's most senior executives were still p..

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ING to sell stake in Capital One

Dutch banking giant ING says it will sell its stake in Capital One, which bought ING's US online banking unit in a multi-billion-dollar deal earlier this year. "ING announced today that it intends ..

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US auto sales jump by 20% in August

US vehicle sales jumped 20 per cent in August to the best performance in three years even as higher gas prices drove a shift towards smaller and more fuel efficient vehicles, industry data shows. T..

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RBA keeps an open mind on rate cuts

The central bank is keeping an open mind on a rate cut closer to year's end, after it kept its finger off the interest rate button on Tuesday. The Reserve Bank of Australia (RBA) left the cash rate..

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Stocks to watch early on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, September 4 AIO - ASCIANO GROUP - up one cent at $4.49 Stevedoring group Asciano has signed a contract for the delivery of 44 automat..

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