Latest Finance News



US lead lifts Australian share market

The Australian share market has closed higher in the wake of a positive lead from US markets, but investor focus is set to shift more towards the domestic company reporting season. CMC Markets chie..

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ACCC would review Myer/DJs merger

Australia's consumer watchdog says it would investigate the impact of a potential tie-up of David Jones and Myer on competition if the department store chains decided to pursue a merger. The Austra..

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US job engine sputters for second month

The US job creation engine sputtered for the second straight month in January, raising fresh questions about the economy's momentum. The Labor Department reported Friday that the economy pumped out..

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Australian shares higher

Australian stocks are making gains with most sectors ahead. The Australian share market is following a positive lead from Wall Street, where the major indices shrugged off disappointing jobs number..

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iSelect to take earnings hit

Insurance comparison website iSelect says it will take a hit to its earnings following a new deal with lower commission rates from a car insurance supplier. However, iSelect says it believes the ch..

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Westpac deputy to retire in April

Westpac deputy chairman John Curtis will retire from the board in April. Chairman Lindsay Maxsted says Mr Curtis' business acumen and financial services knowledge has been invaluable during the pas..

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Australian shares open higher

Australian stocks have opened higher following a positive lead from Wall Street on Friday. The local market has started the day strongly, with both the S&P/ASX200 and the All Ordinaries pushing..

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$A higher after US jobless rate falls

The Australian dollar hit a new four-week high after the US posted a solid fall in its unemployment rate. At 0700 AEDT on Monday, the local unit was trading at 89.55 US cents, up from 89.44 cents o..

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