Latest Finance News



Australian share market closes lower

The share market has fallen as markets around the region reacted negatively to a further reduction in US economic stimulus measures, concerns over stability in emerging markets, and figures confirming..

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Rain slows Fortescue production

Bad weather has forced Fortescue Metals Group to lower its full-year production forecast but the company remains upbeat about demand for its iron ore from China. Fortescue on Thursday said it expec..

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New home sales at a five year high

New home sales have increased for the first time since the global financial crisis hit in 2008. Sales rose 14.4 per cent in 2013, the first year of growth in five years, according to the Housing In..

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BlueScope allowed to buy competitor

BlueScope Steel has received approval to buy one of its competitors in the building products market. The Australian Competition and Consumer Commission (ACCC) has decided not to oppose BlueScope's ..

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Navitas expects profit growth

English language courses group Navitas says its annual profit is set to grow, boosting its share price. The global colleges firm, which operates in nine countries including Australia, says it's on ..

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Australian stocks open lower

Australian stocks are lower after the US Federal Reserve's decision to further taper its stimulus program added to investor concerns about the decline in emerging markets. Investors have been pulli..

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