Latest Finance News



Australian stocks close flat

The Australian share market has closed flat as investors gave a muted response to the Bank of Japan's plan for a more expansionary two per cent inflation target. At 1615 AEDT on Tuesday, the benchm..

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Business investment at 15-year low:ACCI

Businesses' enthusiasm to invest has sunk to its lowest level in at least 15 years against the back drop of a high Australian dollar and soft growth in non-mining sectors of the economy. The Austra..

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Downer wins $90m NSW rail contract

Engineering firm Downer EDI has clinched a $90 million contract for a NSW rail infrastructure project aimed at removing bottlenecks on a major freight corridor. The NSW government contract will see..

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Ken Henry joins ASX board

Former Treasury secretary Ken Henry has been appointed to the board of the Australian Securities Exchange (ASX). Dr Henry will join the ASX as a non-executive director on February 1, with sharehold..

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NAB shares fall after Santander denial

Shares in National Australia Bank have tumbled after Spanish giant Santander had denied it was interested in buying its troubled UK banks. Investors had pushed NAB shares up on Monday after London'..

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GUD first half profit falls 21%

Household appliances and cleaning products supplier GUD Holdings says it is in a strong financial position although most of the sectors in which it trades remain highly competitive. GUD on Tuesday ..

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Competition shades GUD’s Sunbeam

Household appliances and cleaning products supplier GUD Holdings has booked a 21 per cent fall in first half net profit and says its well-known Sunbeam appliances brand is feeling pressure from stiff ..

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