Latest Finance News



Building sector posting solid gains

A recovery in the home building sector seems to be taking hold with approvals for fully-detached houses gaining for the fifth month in a row, up 2.5 per cent in May. HSBC Australia and New Zealand ..

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Woolies gets green light for new store

Woolworths has got the competition watchdog's go-ahead to buy an IGA supermarket in the Canberra suburb of Hawker. The purchase would not result in a substantial weakening of competition among supe..

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Joke from RBA boss falls flat

If Reserve Bank boss Glenn Stevens was trying to make a joke, it wasn't very funny.The Australian dollar fell to a three-year low after Mr Stevens told a business function on Wednesday that the RBA ha..

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US stocks end higher in light trade

US stocks have closed higher in shortened pre-July 4th holiday trade helped by fresh jobs data, while turmoil in Egypt and Portugal had no significant impact on the markets.The Dow Jones Industrial Av..

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