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Aussie shares higher on bank rally

Australian shares have finished strongly, driven by strong gains among Australia's big four banks, with CommBank posting record highs

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Pac Brands expects challenging conditions

Pacific Brands says trading at the start of the 2014 full year has been below expectations and expects challenging trading conditions to continue

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No rise for RBA boss’ million-dollar pay

Reserve Bank boss Glenn Stevens' million-dollar salary didn't rise in 2012/13.

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RBA earnings still historically low

Low interest rates are keeping the central bank's earnings low and preventing it from restoring its reserve fund quickly.

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Newcrest bosses admit making mistakes

Gold miner Newcrest's bosses have admitted they got a lot wrong following the $9.5 billion Lihir acquisition

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API says consumer confidence improving

Australian Pharmaceutical Industries has reported a lower annual net profit but says consumer confidence is improving.

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