Latest Finance News



Aussie shares lag after US shares fall

Australian shares are slightly weaker as the corporate earnings season begins with strong results from several retailers. The local market had a weak opening on Monday after US shares fell sharply ..

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Job ads fall, but at slower rate

Job advertisements on the internet and in newspapers have fallen again, but the rate of decline is slowing. The total number of job ads fell by 0.3 per cent in January, seasonally adjusted, followi..

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Home prices continue to rise

Home prices have continued to climb in January with Melbourne leading the charge. Capital city home values rose 1.2 per cent last month and 9.8 per cent in the year to January, according to the RP ..

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Australian shares open lower

The share market has started the week with losses following falls out of the US and expectations there will not be any rate cuts in Australia soon. IG market strategist Stan Shamu said the fact tha..

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Inflation was benign in January

Surprisingly high inflation in December has been unwound by falling prices for clothing and travel in 2014. The TD Securities Melbourne Institute monthly Inflation Gauge increased by 0.1 per cent i..

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Manufacturing contracts despite low AUD

Low interest rates and a falling Australian dollar are failing to drive expansion in manufacturing activity, which has contracted for three months in a row. The Australian Industry Group's Performa..

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JB HiFi betting on home appliances

JB Hi-Fi has produced another strong profit and is spruiking its future growth potential as it expands into the home appliances market. JB Hi-Fi on Monday announced a 10 per cent increase in profit..

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