Latest Finance News



Aussies switch to variable home loans

Australians are switching back to variable rate home loans as the cash rate sits comfortably at its record low for the foreseeable future. The cash rate has been at 2.5 per cent since August last y..

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Care urged in getting budget to surplus

The federal government will need to be careful not to dampen economic growth too much in putting the budget on track to surplus.AMP chief economist Shane Oliver said initiatives already flagged or spe..

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Stocks to watch at noon on Tuesday

Stocks to watch on the Australian stock exchange at noon on Tuesday:AIO - ASCIANO - up 2.5 cents, or 0.46 per cent, at $5.425Rail operator Asciano says it is on track to achieve its full year profit t..

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Coles sales figures fail to impress

Shares in retail group Wesfarmers dropped more than two per cent after the Coles supermarket owner's latest sales fell short of investor expectations. Sales from Coles supermarkets and liquor store..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks finished mostly higher as investors absorb new sanctions on Russia and look ahead to a busy week of economic news and earnings. ..

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US stocks rise on mixed earnings

US stocks have opened higher after mixed earnings and ahead of the start of a two-day meeting of Federal Reserve policymakers.Five minutes into trade on Tuesday, the Dow Jones Industrial Average rose ..

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