Latest Finance News



Billabong still open to takeover offers

The outgoing chairman of embattled surfwear brand Billabong says the company remains open to takeover offers as it fights to revive its fortunes. Addressing Billabong's annual general meeting for t..

Full Article >

Stocks to watch early on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday October 24 AGK - AGL ENERGY LTD - down 26 cents at $14.70 AGL Energy says it has cut marketing and ended some customer discounts in ..

Full Article >

Aussie share market closes almost flat

The Australian share market closed almost unchanged, as investors awaited key manufacturing data from China and more news on company earnings in the United States. At 1615 AEDT on Tuesday, the benc..

Full Article >

IAG maintains full-year guidance

Insurance Australia Group (IAG) says it is on track to achieve its full year financial forecasts after a steady first quarter performance. "Our performance in the first quarter has built on the mom..

Full Article >

Stocks to watch early on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, October 23: ANN - ANSELL LTD - down 34 cents at $15.82 Gloves and condom maker Ansell is confident of overcoming a sales slowdown and..

Full Article >

RBA announces changes to securities

The Reserve Bank of Australia (RBA) is introducing industry-wide reporting standards for mortgage-backed securities to boost investor confidence in the market. The new standards, which for the firs..

Full Article >

Super funds return to pre-GFC levels

Australian superannuation funds have returned to their pre-global financial crisis (GFC) performance levels of 2007, a report says. A report by SuperRatings, a financial services research company, ..

Full Article >

Ansell predicts growth despite slowdown

Gloves and condom maker Ansell is confident of overcoming a sales slowdown and meeting its forecast for earnings growth this financial year. Chief executive Magnus Nicolin told shareholders at Anse..

Full Article >