Latest Finance News



Aussie shares close higher

The Australian share market has closed higher, finishing above 5,600 for the first time since the global financial crisis. At the close on Wednesday, the benchmark S&P/ASX200 index was 34.5 poi..

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House prices to rise 10% in 2014: HSBC

House prices are expected to soar 10 per cent this year, but the Reserve Bank may need to start hiking rates in 2015 to prevent a dangerous bubble emerging. HSBC Australia chief economist Paul Blox..

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US home price gains slow in May

US home prices rose in May at their slowest annual pace since February 2013, underscoring weakness in the housing market, the S&P Case-Shiller index shows. The 20-city home price index rose at ..

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Resources push market higher

The Australian share market is up, with mining stocks among the top performers. Most sectors are up, with three of the best performing sectors being energy, health and consumer staples, IG markets ..

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Genworth flags up to $250m FY profit

Mortgage insurer Genworth has impressed investors with a 40 per cent rise in first half profit and forecasts of further growth. Shares in the company, which provides insurance for a range of banks ..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, July 30: BPT - BEACH ENERGY - down 5.5 cents, or 3.1 per cent, at $1.705 Beach Energy shares have fallen after the oil and gas prod..

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