Latest Finance News



Housing loan growth stalls

The flow of cash into the housing market has slowed for the second month in a row. But, at $26.864 billion, the value of housing loan approvals in January was still 22 per cent higher than January ..

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Housing construction set to strengthen

Housing finance failed to grow for a second straight month in January, but economists are encouraged by a rise in the number of loans approved for construction of new homes.The number of home loans ap..

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Mass job cuts dent consumer confidence

Massive job cuts by Qantas and car manufacturers shutting up shop have helped pushed consumer confidence to its lowest level in 10 months. The Westpac/Melbourne Institute index of consumer sentimen..

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US stocks dip

US stocks have finished lower as the market retreated from last week's records and waited for news that might support further gains. The Dow Jones Industrial Average fell by 67.43 (0.41 per cent) o..

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