Fortescue ups dividend, profit rises 259pc
Fortescue Metals Group has joined in the dividend bonanza that is sweeping the Australian market this month, announcing a higher than expected half year dividend of 10¢.
Australian Financial Review
Thank You
Your Fairfax Membership Account setup is complete. We are redirecting you now. Please use this email:
Markets Summary
| Change | % Chg | ||
| S&P/ASX 200 | 5415.8 | 23.0 | + 0.43% |
| Dow Jones | 16130.40 | - 23.99 | - 0.15% |
| FTSE 100 | 6796.43 | 60.43 | + 0.90% |
| SPI 200 MAR4 | 5382.000 | 19.000 | + 0.40% |
| AUD/USD | 0.9007 | - 0.0016 | - 0.18% |
National
Wage growth hits weakest pace in 16 years
Annual wage growth slowed to the weakest pace for at least 16 years, according to official data that supports the Reserve Bank of Australia’s desire to keep the cash rate stable in coming months.
Business
Street Talk
Markets
Technology
Opinion
World
US minimum wage could cost 500,000 jobs