Latest Finance News



Flat day on share market

Falls by most major banks and gains among industrial stocks resulted in a flat day on the share market. CMC Markets chief strategist Michael McCarthy said local stocks had performed well considerin..

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Origin says giant LNG project on track

Origin Energy's $25 billion liquefied natural gas (LNG) project in Queensland is now more than half finished.Australia's largest energy retailer says drilling of coal seam gas wells in central and sou..

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Housing construction continues to rise

The housing construction sector is continuing its solid gains, and the trend is likely to continue into the new year, economists say.New home building approvals rose 14.4 per cent across Australia in ..

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US stocks retreat as Fed keeps stimulus

US stocks have closed lower after the US Federal Reserve maintained an aggressive monetary stimulus program and reiterated that it will await stronger economic conditions before scaling it back. Th..

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NAB optimistic after record profit

National Australia Bank has made a record profit of almost $6 billion and hopes an improvement in business confidence will boost its bottom line next year.NAB's cash profit, a measure used to reflect ..

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