Latest Finance News



Shares begin week with gains

The share market has posted gains after a positive lead from global markets and more encouraging local economic data. A calming in European tensions, speculation of mini-stimulus in China and good ..

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Seven Group to buy Nexus Energy

Billionaire Kerry Stokes' Seven Group Holdings has lodged a takeover bid for debt laden oil and gas company Nexus Energy. The media and industrial services group plans to acquire all shares in Nexu..

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Funtastic posts $26m half year loss

Toy distributor Funtastic has suffered a $26 million half year loss and says sales of some of key brands have been disappointing. The company's loss in the six months to January 31 was largely caus..

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New home sales at near three year high

New home sales are at a near three year high, driven by a boom in detached house sales. Detached house sales jumped 6.9 per cent in February, according to data from the Housing Industry Association..

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Inflation pressures build: survey

Inflation has continued to rise, signalling the beginning of the end for the record low cash rate. The TD Securities Melbourne Institute monthly inflation gauge rose by 0.2 per cent in March and by..

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