Hundreds of thousands of Australians could share in the nation's biggest class action, which has been launched against a number of banks over late payment fees.
US stocks have finished higher, capping a sunny day for global markets in a rally that gained force from a more optimistic perception of conflicts in Ukraine and Iraq.
Bendigo and Adelaide Bank has delivered a better than expected profit in the face of growing competition and customers getting ahead on loan repayments.
Westoz Investment Company stated that it almost tripled its reported profit in the 2014 financial year, with an increase in after tax profit from $7.4 million last year to $21.2 million.
The Australian dollar has stabilised after last week's falls on the back of weaker-than-expected jobs figures and a downbeat economic update from the central bank.
The Australian share market has closed lower, falling more than 1 per cent as Russia announces trade sanctions and the US considers airstrikes on Iraq.
The Australian share market has closed lower, falling more than one per cent as Russia announces trade sanctions and the US considers airstrikes on Iraq.
Interest rates aren't likely to be moving for the foreseeable future as the Reserve Bank waits to see how the Australian economy copes with its current challenges.
News Corporation's Australian titles have suffered an 18 per cent fall in revenue, but chief executive Robert Thomson believes conditions in the advertising market will improve.
US stocks have finished lower as advances by jihadists in Iraq trumped encouraging labour-market data and spurred talk of possible military action by the US.
India's central bank governor, renowned for forecasting the 2008 financial meltdown, has warned that the world economy faces risk of another market crash as asset prices surge.
US stocks have edged higher despite new Russian sanctions against the West and amid disappointing news that major potential media and telecom mergers fizzled.
The share market has fallen for a fourth straight session as investors weigh up a possible escalation of conflict in Ukraine and potential interest rates hikes in the US.
US stocks have fallen sharply in a sell-off analysts attributed to anxiety about a Wall Street correction and worries that the conflict in Ukraine could worsen.
The business banking sector is shrinking in Perth, with falling staff levels and bank branch closures the latest signs of a cooling Western Australian economy.
At its meeting today, the Reserve Bank of Australia left the cash rate unchanged at 2.5 per cent, with Governor Glen Stevens flagging a period of stability in interest rates.
