Latest Finance News



Banks lead Aussie share market higher

The Australian share market has closed higher as investors await further developments on Russia's incursion into Ukraine. OptionsXpress market analyst Ben Le Brun said the market on Tuesday had a n..

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Housing sector shows sign of life

Building approvals are up for the first time since September, a sign the housing sector is set for a sustained recovery. Approvals for the construction of new homes rose 6.8 per cent across Austral..

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Building approvals beat expectations

Building approvals are up for the first time since September, a sign the sector is set for a sustained recovery that will help offset a downturn in mining construction. Approvals for the constructi..

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Funtastic set to cut loose Madman

Toys, clothing, confectionery and film distributor Funtastic is set to sell its film and television distributor and rights management company, Madman Entertainment. Madman Entertainment showcases A..

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Stocks to watch at noon on Tuesday

Stocks to watch on the Australian stock exchange at noon on Tuesday: AGK - AGL ENERGY - down 46 cents, or 2.98 per cent, at $14.97 Australia's consumer watchdog says it will oppose AGL Energy's ..

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SeaLink renews N Qld ferry contracts

The SeaLink Travel Group has renewed contracts to operate ferry services in north Queensland for another five years. The transport operator will continue running ferry services from Townsville to t..

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Current account deficit getting smaller

Australia's current account deficit is shrinking, thanks to a surge in mining and resources exports.The balance of payments deficit fell to $10.139 billion in the December quarter, seasonally adjusted..

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US stocks sink on Ukraine worries

US stocks have fallen sharply as investors recoiled from equities in the face of mounting tensions over Ukraine. The Dow Jones Industrial Average dropped 153.68 points (0.94 per cent) to 16,168.03 ..

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US stocks sink on Ukraine worries

US stocks have fallen sharply as investors recoil from equities in the face of mounting tensions over Ukraine. At the closing bell on Monday, the Dow Jones Industrial Average fell 154.83 points (0...

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