Latest Finance News



Dip interrupts home sales trend

A lot hinges on the housing industry. The Reserve Bank of Australia has singled it out as one part of the economy that might expand to fill the gap expected to be left by the mining sector as the i..

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Australian share market closes lower

The Australian share market has closed about 0.6 per cent lower amid mixed economic data. Official figures released on Wednesday showed that Australia's trade deficit had narrowed to $178 million i..

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Gas options outside NSW, says Metgasco

Coal seam gas miner Metgasco says it has been asked to consider gas projects outside New South Wales after new government regulations led to it suspending its operations in the state. A day after C..

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Reserve bank chief gets second term

A stubbornly high dollar and stimulating growth in underperforming parts of the economy are the big challenges facing Glenn Stevens in his second term as Reserve Bank governor. Federal Treasurer Wa..

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Australian stocks flat at noon

Australian stocks were flat at noon after figures revealed the nation's trade deficit had shrunk. Official figures released on Wednesday show Australia's trade deficit narrowed to $178 million in F..

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Home sales fall in February

New home sales tumbled 5.3 per cent in February, snapping a four-month run of increases. The Housing Industry Association's latest report found sales of stand-alone houses fell four per cent, while..

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Dow, S&P push to new record highs

US stocks have pushed to new record highs, bolstered by solid US manufacturing orders and strong results from US carmakers. The Dow Jones Industrial Average on Tuesday closed at an all-time record ..

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ANZ exec to head Abu Dhabi bank

ANZ's head of international and institutional banking Alex Thursby has quit his post to take on the top job at the National Bank of Abu Dhabi.Mr Thursby will leave ANZ later this month before taking o..

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