Latest Finance News



NAB CEO says more rate cuts expected

National Australia Bank (NAB) chief executive Cameron Clyne says he expects the central bank to deliver more interest rate cuts. "We're likely to see another 50 basis points of cuts over the course..

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US stocks end the week in the red

US stocks took a beating this week, only to face more turbulence from Europe as Greece grapples with rising political uncertainty that could cost the country's crucial EU-IMF bailout. Investors are..

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ANZ cuts interest rates by 37 points

ANZ has become the last of the big four banks to pass on some of the Reserve Bank of Australia's (RBA) interest rate cut. ANZ trimmed its standard variable home loan and business lending rates on F..

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Optus posts $787m after-tax net profit

Optus has managed to lift its annual net profit by 1.5 per cent to $787 million despite intense competition from its rivals and regulatory changes. The result for the year to March 31 was unveiled ..

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Stocks to watch early on Thursday

Stocks to watch on the Australian stock exchange on Thursday May 10 BSL - BLUESCOPE STEEL LTD - down 1.5 cent at 37 cents International steel manufacturer BlueScope Steel has completed a tender ..

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Optus posts modest growth in customers

Optus added 80,000 customers in the three months to the end of March, taking its total to nearly 9.5 million. Australia's second largest telco had 9.49 million customers at March 31, up from 9.41 m..

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