Latest Finance News



Australian share market closes higher

The Australian share market closed almost one per cent higher as investors took their cues from positive news in the US. On Wall Street overnight on Tuesday, the Dow Jones Industrial Average jumped..

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Australian share market higher at noon

The Australian share market is trading about 0.4 per cent higher as investors turn their attention from Cyprus to the United States. Lonsec senior client adviser Michael Heffernan said the Australi..

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Hills to sell building materials assets

Hills Holdings is offloading its remaining building materials businesses so it can focus on selling more closed circuit TVs, antennas, alarms and other electronics products and services.Hills will ret..

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QBE shareholders angry at dividend cut

QBE shareholders have vented their anger over the Australian insurer's decision to slash their dividends.Several mum and dad investors at QBE's annual general meeting on Wednesday took the board to ta..

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Australian shares open higher

The Australian share market has opened higher. At 1010 AEDT on Wednesday, the benchmark S&P/ASX200 index was up 27.1 points, or 0.55 per cent, at 4,977.3, while the broader All Ordinaries index..

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ACCC approves Qantas-Emirates alliance

Qantas is free to pursue its plan to revive its struggling international arm after the competition watchdog gave the green light to a partnership with Emirates. However the Australian Competition a..

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Dow hits new record, S&P misses high

US stocks surged higher on Tuesday as favourable sentiment towards equities more than compensated for a mixed bag of economic indicators. The Dow set a new record while the S&P 500 narrowly mis..

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