Latest Finance News



Economy sluggish: survey

The Australian economy will continue to grow at a sluggish and below-trend pace, an industry study shows. The Westpac-Melbourne Institute leading index of economic activity, which indicates the lik..

Full Article >

Vodafone committed to Australia

Vodafone has scotched rumours that it is looking to offload its Australian mobile phone joint venture. The news came as the former head of Vodafone in Japan and the United Kingdom, Bill Morrow, was..

Full Article >

Aussie stocks finish weaker

The Australian share market finished weaker in line with Asia bourses, as investors digested comments on monetary policy from the central bank amid concerns about a possible slowing of China's demand ..

Full Article >

RBA to ban high card fees

Businesses will be banned from imposing excessive credit card charges on customers under plans being developed by the Reserve Bank of Australia (RBA). Under the proposal, credit card providers such..

Full Article >

Optus says job cuts likely

Optus workers are the latest to find themselves in the firing line as the telco reviews its operations. Optus on Tuesday confirmed it would cut its 9,500-strong workforce as management casts an eye..

Full Article >

Sundance strikes rail deal

African-focussed iron ore explorers Sundance Resources and Equatorial Resources are exploring the potential to share rail infrastructure. Sundance's Mbalam/Nabeba iron ore project straddles the rep..

Full Article >

Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange early on Tuesday: COH - COCHLEAR LTD - up 70 cents at $57.95 Ear implant manufacturer Cochlear has led its workers "down the garden path" by refu..

Full Article >

US stocks extend upswing

US stocks have finished at new multi-year highs, extending last week's solid gains, after Apple's shock announcement of a massive dividend plan and share buyback plan and UPS's takeover deal for TNT. ..

Full Article >

Miners push stocks higher

The Australian share market finished stronger, boosted by the resources sector with iron ore players Fortescue Metals Group and Atlas Iron the standouts. At the close on Monday, the benchmark S&..

Full Article >

DJs shares enter trading halt

David Jones shares have been placed in a trading halt as the department store chain exercises caution about corporate disclosure rules before releasing its first half results. Market watchers expec..

Full Article >

S&P nears four-year high

A clear improvement in the Federal Reserve's economic outlook, and a solid outcome of the Fed's stress tests for major banks, gave the markets another strong two per cent-plus boost this week. The ..

Full Article >

Stocks to watch on Monday

Stocks to watch on the Australian stock exchange early on Monday: AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - up one cent at $1.32 The chairman of the nation's largest cattle producer Australian..

Full Article >

MUA’s Patrick strike to end

The Maritime Union of Australia (MUA) says its strike affecting Asciano's Patrick stevedoring operations will end on Monday. However, the union pledged to undertake further industrial action if it ..

Full Article >

Aussie stocks finish flat

The Australian share market closed flat, having recouped losses earlier in the day. The benchmark S&P/ASX200 index on Friday was down 1.6 points, or 0.04 per cent, at 4,276.2 points, while the ..

Full Article >