Latest Finance News



Australian stocks close flat

Australian stocks have closed flat, with a strong day from the major miners offset by weakness among the banks. The local market took its cues from a positive finish on Wall Street, opening up abou..

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Aussie wealth growth outpaces US

Personal wealth growth in Australia has outpaced Europe and the United States - but it lags behind Asia. The high exposure of superannuation funds to the share market was a major factor in climbing..

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Credit growth maintains plodding pace

Credit continued to grow in April but still at the same plodding, non-threatening pace as the past few years, figures from the Reserve Bank of Australia show. The stop-start series of interest rate..

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Elders reports first half loss

Elders has slumped to a hefty first half loss after poor weather and depressed livestock markets affected its agribusiness bottom line. The company posted a net loss of $303.2 million for the six m..

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