Latest Finance News



Banks and miners drag shares lower

The share market has fallen as weaker commodity prices and concerns that banks may be over-priced caused falls in the heavyweight sectors. Investors sold out of ANZ despite its record $3.5 billion ..

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Markets unmoved by audit report

Economists were unsurprised by the commission of audit report and say measures in it are unlikely to hurt economic growth in the short term. The National Commission of Audit report contained 86 rec..

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Inquiry to look at bank debt guarantee

The head of an inquiry into Australia's financial system says government backing of the big four banks during the global financial crisis may have given them an unfair advantage over smaller rivals. ..

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Stocks to watch at lunch

Stocks to watch on the Australian stock exchange at noon on Thursday: ANZ - AUSTRALIA AND NEW ZEALAND BANKING GROUP - down 43 cents, or 1.25 per cent, at $34.04 Investors have sent ANZ's share p..

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