Latest Finance News



Bega Cheese seals Coles deal

Bega Cheese will supply Coles-branded cheese to the supermarket giant under a five-year deal. The cheesemaker said on Friday it had finalised its previously announced private label cheese supply ag..

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Gunns to sell Portland port

Woodchipper Gunns is selling its export woodchip terminal at the Port of Portland in western Victoria as it focuses on progressing its $2.5 billion pulp mill project at Bell Bay in Tasmania. "There..

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Centro looking for investors

Shopping centre owner Centro Retail Australia is looking for investors to take co-ownership in some of its centres. Centro Retail was established in late 2011 after a restructure of the debt-laden ..

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Aussie shares close higher

The Australian share market has closed higher after gains on overseas markets and stronger than expected job figures domestically. At 1615 AEST, the benchmark S&P/ASX200 index had risen 34.4 po..

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Bonds lower on jobs data

Australian bond futures prices have fallen after stronger than expected domestic employment data lowered expectations the central bank would deliver a string of interest rate cuts in the coming months..

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Aston sued by former boss

The former head of billionaire Nathan Tinkler's Aston Resources has begun a $157 million legal case against the company. Hamish Collins claims he is entitled an `equity participation' worth $157.44..

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Ten shares hit by profit fall

Ten Network Holdings is forecasting a more stable advertising market as it pins its hopes on a suite of new shows to secure more eyeballs and improve earnings. Presenting his first set of financial..

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Iluka’s revenue falls by 13%

Minerals sands miner Iluka's production and revenue fell in the first quarter of 2012. The company said previously advised changes to its mining operations, such as a shutdown for maintenance and a..

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Flinders enters trading halt

Shares in Flinders Mines have been placed in a trading halt pending the outcome of court action aimed at preventing the iron ore explorer's $554 million takeover by a Russian steel maker. Flinders ..

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US stocks bounce back

US stocks have bounced back from the prior day's steep losses, lifted by Alcoa's surprise quarterly profit and easing bond yields in Spain and Italy. The Dow Jones Industrial Average on Wednesday c..

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Aussie stocks close lower

Australian stocks have closed down one per cent as the big miners and other resources-linked companies led the broader market lower. The benchmark S&P/ASX200 index ended down 45.9 points, or 1...

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Flinders Mines shares slip

Shares in Flinders Mines were sold off when its trading halt was lifted, after court action continued to hold up the iron ore explorer's $554 million takeover by a Russian steel maker. Flinders sha..

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Consumer confidence slips

Consumer confidence has fallen to its lowest level in eight months, a survey shows. The Westpac/Melbourne Institute Consumer Sentiment Index fell by 1.6 per cent to 94.5 index points in April, from..

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Jargon a barrier to super

If there's one thing worse than complicated paperwork, it's complicated jargon, especially when it comes to superannuation. A recent survey released by Virgin Super found that although many Austral..

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