Latest Finance News



Aussie shares touch a six year high

The Australian share market has closed in positive territory after touching a six year high in afternoon trade. The ASX200 hit 5540.8 points at 1420 AEST before retreating later in the day. Morg..

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Iluka shares jump 6.1%

Iluka Resources was the second-best performer on the share market on Wednesday after giving shareholders an upbeat view of the long-depressed mineral sands market. Iluka expects total sales of its ..

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Westfield split faces opposition

A proposed split of shopping centre giant Westfield's Australasian and international assets into separate entities faces stiff opposition when securityholders vote on the matter. Westfield Group wa..

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Housing affordability best in 12 years

Housing affordability is the best it's been in over a decade thanks to low interest rates and easing home price rises. Affordability is at its most favourable level since March 2002, according to t..

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Growth expectations hit 3-year low

Expectations for Australia's economic growth have slumped to a three-year low, weighed down by a tumble in consumer confidence following the federal budget.The Westpac/Melbourne Institute Leading Inde..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, May 28: ALL - ARISTOCRAT LEISURE - up two cents, or 0.4 per cent, at $5.17 Aristocrat Leisure releases its half year results on Wed..

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