Latest Finance News



Shares fall for a third day

Australian shares ended lower for the third straight day as brokers took profits ahead of the reporting season and after one of the best monthly starts to the calendar year in around 40 years. At t..

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Coles cuts prices further

Shoppers are in the box seat as Coles vows to entrench itself in the supermarket price wars for the long-term. Despite a tough retail environment and widespread price falls, Coles outperformed riva..

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New home sales decline

Successive interest rate cuts failed to halt a decline in new home sales in December, a survey shows. The Housing Industry Association (HIA) on Wednesday said new homes sales fell 4.9 per cent in D..

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Boral sells Indo business

Building materials maker Boral has sold its Indonesian business for $US135 million ($A127.87 million) and confirmed its previous expectations for its half-year profit. Boral has been looking to off..

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US stocks end slightly down

A roundup of trading on major world markets: NEW YORK - US stock markets closed slightly lower overnight after the country's manufacturing statistics and home price data came in worse than expected..

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Stocks to watch Wednesday

Stocks to watch on the Australian stock exchange early on Wednesday: AAC - AUSTRALIAN AGRICULTURAL COMPANY LTD - up 0.5 cents at $1.39 Beef producer Australian Agricultural Company Ltd (AACo) ha..

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