Industries

FlexiGroup eyes Fisher & Paykel finance

FlexiGroup is believed to be circling Fisher & Paykel’s asset ­finance business.

Unrest growing over iiNet deal

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A shareholder backlash is brewing over proposed sale to rival broadband provider TPG Telecom.

ANZ's Smith urges end to rate cuts

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ANZ chief says a higher currency is just 'something we are going to have to live with'.

Rio Tinto holds firm on iron ore plans

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Jan du Plessis insists miner's controversial iron ore expansion plans will move forward.

BHP spin-off backed by shareholders

Nasser reiterates growth opportunities for South32 to shareholders in Perth, London.

Drug firms set for budget war

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Drug companies are on the brink of war with the Abbott government over proposed cuts in next week’s budget.

Investa bidders up the ante

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Shortlisted bidders may have lobbed bids with a valuation 33% above book value.

'Flash crash' trader can't pay bail: lawyer

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Judge declines to waive Sarao's bail requirement despite asset freeze.

EU launches wide-ranging e-commerce probe

by AFP
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Anti-trust inquiry a key pillar of plan for single digital market.

BHP's life after South32

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Amid plunging oil and iron ore prices, Nasser and MacKenzie need this demerger to boost BHP.

Germanwings co-pilot changed altitude settings: investigators

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French investigators say settings were changed while pilot locked out of cockpit.

EU announces plans for digital single market

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Scheme aims to unite fragmented markets, crack down on possible abuses by US firms.

Prudential sees Q1 profit fall in UK, US

by AFP
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Insurer and asset manager says mature markets hit by government reform, low interest rates.

IMF files High Court action against ANZ

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Litigation funder prepares for fresh fight on credit card fees.

Pepper takes stake in Chinese finance lenders

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Mortgage lender plans to extend business further into Hong Kong, mainland China.

Analysts cut target on Arrium

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Morgan Stanley analysts have cut their 12-month price target on mining and steel group Arrium to 20c a share from 22c.

Commonwealth Bank shares hit 5-month low

by AAP
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Analysts say investors starting to question growth prospects of the bank and its peers.

Banks rebuked over home loan rate cuts

by AAP
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Hockey says banks should 'act in full' when Reserve Bank cuts rates.

Retailers wary ahead of budget

by AAP
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Industry says rate cuts slow to flow through to economy, eyes federal budget detail.

CBA shares slump on flat Q3 profit

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Shares in nation's biggest lender lose almost 6% as it says competition still hitting margins.

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