Latest Finance News



Shares close slightly lower

The share market improved from a poor start but still closed marginally lower, due to weakness in sectors exposed to commodities. Lonsec senior client adviser Michael Heffernan said some investors ..

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Aussie shares close lower

The Australian share market has closed lower, weighed down by falls in BHP Billiton shares and despite an afternoon pick-up. At the close on Tuesday, the benchmark S&P/ASX200 index was 6.4 poin..

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Challenger flags healthy life annuities

Investment manager Challenger says its business may benefit from the share market's current volatility. A large part of the company's business is annuities - which provide fixed income for retirees..

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Consumer confidence hits 12-week high

Australians are becoming more upbeat about the economy as worries about the federal budget fade and the sharemarket rallies. The ANZ/Roy Morgan consumer confidence index rose 2.7 per cent last week..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Oct 28: AMM - AMCOM - up 23 cents, or 12.4 per cent, at $2.09 VOC - VOCUS COMMUNICATIONS - up 13 cents, or 2.45 per cent, at $5.44 ..

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