Latest Finance News



Retailers lead strong gains on market

A strong performance by the share market has more than recovered losses suffered in the previous two days, with retailers and banks among the best performers. "The bulls are back in town, lifting s..

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Aust shares close higher

The Australian share market has closed higher, with the big miners, banks and food retailers recovering from losses earlier in the week. At the close on Thursday, the benchmark S&P/ASX200 index..

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Iluka pursuing possible takeover

Mineral sands miner Iluka has approached the operator of a titanium mine in Mozambique about a possible takeover. Iluka has confirmed it has approached Kenmare Resources about a potential combinati..

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Job vacancies up 2.1% in May

The number of jobs on offer for those looking for work has risen, new figures show. There were 146,000 job vacancies in May, up 2.1 per cent from the number on offer in February. The latest quar..

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AOFM sells $500m of Treasury notes

The Australian government has sold $500 million of Treasury notes that mature on October 24, 2014. The Australian Office of Financial Management (AOFM), which conducts bond auctions on behalf of th..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, June 26: ALL - ARISTOCRAT LEISURE - down 14 cents, or 2.6 per cent, at $5.33 Poker machine maker Aristocrat Leisure is in takeover t..

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