Latest Finance News



Australian shares recover early losses

Australian stocks have fallen due to concerns about the crisis in the Ukraine, but a recovery in afternoon trade meant losses were modest. Data showing a healthy Australian business environment spu..

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Jobs ads hit eight month high

Job advertisements rose by more than five per cent in February to their largest number in eight months. The growth in job ads comes after the unemployment rate hit six per cent in January, its high..

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WorleyParsons wins $132m bitumen job

WorleyParsons has won a $Can130 million ($A132 million) contract to provide engineering and procurement work for a bitumen refinery project in Canada. The North West Redwater new bitumen refinery p..

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New home sales pick up in January

The number of new home sales increased by 0.5 per cent in January, after a small fall in December, data from the Housing Industry Association (HIA) shows. January's new home sales were also up 17 p..

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NAB cuts fixed home loan rates

The National Australia Bank has cut its fixed interest rate for two-year terms to the lowest level in more than 20 years. The bank cut its two-year fixed interest rate by 0.05 per cent to 4.84 per ..

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Australian market set to open higher

The Australian market looks set to open higher after the S&P 500 hit a new record peak with investors were generally optimistic about growth in the US economy. At 0645 AEDT on Monday, the March..

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AMP chairman Mason to step down

AMP chairman Peter Mason will step down at the company's annual general meeting in May. Mr Mason, who has been chairman of the company for eight years, will be replaced by former Macquarie Group ex..

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Possible war in Ukraine drags $A down

The Australian dollar is weaker as escalating tension between the Ukraine and Russia dilutes appetite for riskier assets. At 0700 AEDT on Monday, the local unit was trading at 89.01 US cents, down ..

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