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Aussie banks weigh on share market

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The Australian share market has turned lower, weighed down by the major banks. After initially opening slightly higher, the market did an about turn. The big four banks continue to decline in th..

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Soft greenback pushes $A higher

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Falls in the greenback have helped the Australian dollar climb higher. At 1200 AEDT on Tuesday, the local currency was trading at 75.46 US cents, up from 74.94 cents on Thursday. The greenback l..

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Stocks to watch on Tuesday

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Stocks to watch on the Australian stock exchange: BHP - BHP BILLITON FMG - FORTESCUE METALS GROUP RIO - RIO TINTO The price of iron looks to be slowly heading back down, losing 61 US cents..

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