Latest Finance News



Leighton signs new funding deals

Construction giant Leighton has signed a new $1.4 billion funding agreement and raised another $US500 million ($A484.75 million) from an issue of notes. The company said on Tuesday it had signed a ..

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Travel figures suggest population surge

On the day the Melbourne Cup runs 30 minutes after the reserve bank announces its interest rate decision, overseas travel figures are never going to make anyone sit up and take notice. Even figures..

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PMP flags flat to negative earnings

Printing and publishing business PMP says it can't see any real increase in its earnings this year, due to tough trading conditions. PMP says it expects its 2012/13 earnings before interest and tax..

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No Cup Day joy for homeowners

It wasn't a good day for favourites: the heavily-backed Americain and Dunaden disappointed Melbourne Cup punters and the Reserve Bank of Australia (RBA) dashed hopes for an interest rate cut. The R..

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Stocks to watch early on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Nov 6: AIO - ASCIANO LTD - down eight cents, or 1.77 per cent, at $4.43 Asciano, Australia's largest rail freight and ports operator,..

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US stocks score gains on election eve

US stocks have scored gains on the eve of the presidential vote, with President Barack Obama and Republican challenger Mitt Romney locked neck-and-neck in the race for the White House. The Dow Jone..

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Virgin passengers up in September

Virgin Australia has reported an improvement in passenger numbers on its domestic flights in September. However, the 3.2 per cent lift in passengers carried in the month, compared with the prior co..

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Banks rake in $23 billion in 12 months

The big four banks have reaped a collective annual profit of $22.8 billion, the same as winning the Melbourne Cup more than 6,300 times over. But they need to streamline their businesses if they ar..

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Stocks to watch early on Monday

Stocks to watch on the Australian stock exchange on Monday, November 5 ASX - AUSTRALIAN SECURITIES EXCHANGE - up five cents at $29.40 Australia needs to prepare for the next mining boom by givin..

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NSW pensioners protest cost of living

About 150 pensioners have rallied in Sydney's Hyde Park to protest against the rising cost of living in NSW. Members of The Fair Go for Pensioners Coalition travelled from as far away as Newcastle,..

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