Latest Finance News



Aust shares at highest level since 2008

The Australian share market closed at its highest level since 2008 as bank stocks soared on a better than expected profit from Commonwealth Bank (CBA). At the close on Wednesday, the benchmark S&am..

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Ansell disappoints with 15% profit fall

Gloves and condoms maker Ansell insists it can lift full year earnings despite a steep drop in first half profit. Ansell disappointed the market with a 15 per cent fall in net profit to $55 million..

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Australia stocks nudge pre-GFC highs

The Australian share market has breifly broken through the 5,000 point mark as a better than expected profit by Commonwealth Bank boosts sentiment. At 1030 AEDT on Wednesday, the benchmark S&P/..

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Stockland selling housing, office assets

Property group Stockland is offloading struggling residential and commercial office assets after announcing a $147.1 million interim loss.The result for the six months to December 31 is a deterioratio..

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CSL on track to lift FY net profit 20%

Blood products and vaccine supplier CSL is on track to lift its full year profit 20 per cent after a bumper interim result.Presenting his final set of results before leaving the company he has headed ..

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Boral says Aust housing volatile

Building products maker Boral is banking on further recovery for US housing but says the Australian market is too volatile to predict.The company reported a net loss for the six months to December 31 ..

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Dow hits fresh five-year high

The Dow blue-chip stock index has climbed back above 14,000 to a fresh five-year high as markets await President Barack Obama's State of the Union address.The Dow Jones Industrial Average gained 47.46..

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