Latest Finance News



Aussie shares erase gains

Australian shares slumped in line with stock markets across Asia as warnings from two ratings agencies wiped out optimism that Europe's debt crisis may be nearing a resolution. Shares ended 1.4 per..

Full Article >

Real estate is going nowhere

Dwelling starts have fallen to their lowest level in two years in another sign that the property market remains flat. Dwelling commencements in the September quarter fell 6.8 per cent from the June..

Full Article >

Gen Y has a financial edge

Generation Y is far more financially savvy than they are given credit for, research shows. A survey of 2,300 Australians showed 64 per cent of people aged between 18 and 29 had drawn up a personal ..

Full Article >

SMSF asset growth booms

Self-managed super fund asset growth has grown at twice the pace of that in the superannuation industry over the five years to June 2010, new figures show. Assets held by SMSFs increased by 122% ov..

Full Article >

Lend Lease names new CFO

Lend Lease has appointed Tony Lombardo as its new chief financial officer, effective immediately. A chartered accountant, Mr Lombardo worked for almost ten years at GE before joining Lend Lease in ..

Full Article >

Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: LEI - LEIGHTON HOLDINGS LTD - up 23 cents at $21.25 Leighton Holdings subsidiary Thiess has won a $140 million contract with Australi..

Full Article >

Mortgage arrears set to fall

Mortgage arrears stabilised during the September quarter and are expected to fall as the impact of the central bank's recent interest rate cuts reach borrowers, Fitch Ratings says.The global ratings a..

Full Article >