Latest Finance News



Banks lead Australian market lower

The Australian share market has closed lower as investors put aside a positive lead from US markets and took a breather from a strong run upwards in recent months. US stocks rose on Friday after be..

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Housing figures show imbalances

It's supposed to be part of the "rebalancing" of the economy, but there are signs that the housing industry is getting a bit unbalanced itself. The value of housing loans approved in September was ..

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Australian shares flat

The stock market is flat despite a positive lead from the US market, with local investors unwilling to push prices higher. US stocks rose on Friday after American employers added a better than expe..

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$A weighed down by strong US jobs data

The Australian dollar continues to be weighed down by strong US jobs data which support the case for tapering US quantitative easing sooner rather than later. At 1200 AEDT on Monday, the Australian..

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Elders expects to post a $510m loss

Rural services company Elders expects to report a loss of more than $500 million for its recently concluded fiscal year. The company is due to release its full year results on November 18 but has w..

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Home loan approvals jump in September

Home loan approvals jumped in September as low interest rates continue working their magic.The number of owner-occupier mortgages approved rose by 4.4 per cent in September, the Australian Bureau of S..

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Transurban buys Sydney tunnel debt

Transurban is buying $475 million of debt held by Sydney's Cross City Tunnel as it looks to take control of the troubled toll road. The 2.1 kilometre tunnel, which connects the west side of Sydney'..

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Australian market set to open higher

The Australian market looks set to open higher after Wall Street's strong gains following better-than-expected US jobs figures. At 0707 AEDT on Monday, the December share price index futures contra..

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