Category: Finance

Chevron considers appeal in $300 million-plus tax case

Chevron considers appeal in $300 million-plus tax case

US oil and gas giant Chevron has indicated it is looking at appealing against a Full Federal Court decision confirming the Australian...

Oil prices falling again

Oil prices falling again

Oil prices have dived below $50, falling more than 2 per cent on Friday on concerns that OPEC’s pact to reduce the global oil glut is...

API expects 10 per cent profit growth

API expects 10 per cent profit growth

Australian Pharmaceutical Industries has foreshadowed profits to rise at least 10 per cent this year on the back of its Priceline stores...

Growth prospects limited: Westpac

Growth prospects limited: Westpac

Growth prospects are limited beyond this calendar year, according to the Westpac-Melbourne Institute Leading Index. The Index showed the...

Banks scrap bonuses linked to targets

Banks scrap bonuses linked to targets

Australia’s banks have been forced to do away with giving high performers bonuses linked to them hitting targets. The banks are doing...

Consumer confidence falls as geopolitical and housing risks rise

Consumer confidence falls as geopolitical and housing risks rise

Despite last week’s strong jobs figures, Australian consumer confidence has fallen again. The ANZ Roy Morgan Consumer Confidence Index...

Global stocks slide as geopolitical jitters take hold and iron ore crashes

Global stocks slide as geopolitical jitters take hold and iron ore crashes

Stocks around the world are falling with British Prime Minister Theresa May’s snap election call adding to geopolitical uncertainties for...

RBA focuses on housing and jobs with risks rising

RBA focuses on housing and jobs with risks rising

The Reserve Bank of Australia has identified the soft labour market and housing as the two big risks that need to be watched carefully....

Weaker US dollar and geopolitical tensions send gold to new highs

Weaker US dollar and geopolitical tensions send gold to new highs

A gradually weakening greenback on the back of foreshadowed rate hikes in the US, sliding equity markets amid mounting geopolitical risk...

China's economy grows 6.9 per cent

China’s economy grows 6.9 per cent

The Chinese economy has expanded by a faster than expected 6.9 per cent. The growth rate for the world’s second biggest economy...