Latest Finance News



Australian share market closes lower

The Australian share market has lost ground as investors wait for direction from Europe and the US. Morgans client adviser Alistair McCorquodale said the local market had fallen steadily throughout..

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Australian share market trading lower

The Australian share market is trading slightly lower in what is expected to be a quiet period for the domestic market over the next few days. Invast Securities chief market analyst Peter Esho said..

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Dexus takeover offer for CPA now open

A joint takeover offer from the Dexus Property Group and the Canada Pension Plan Investment Board (CPPIB) for the Commonwealth Property Office Fund (CPA) is now open. The Dexus-CPPIB consortium mak..

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AUD backs away from one-month high

The Australian dollar has fallen after hitting its highest level in almost a month. At 1200 AEDT on Monday, the local unit was trading at 89.56 US cents, down from 89.71 cents on Friday. Early o..

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Services sector contracts in December

Australia's services industry finished 2013 on a sour note, with the sector contracting at a faster rate in December. According to the Australia Industry Group Performance of Services Index (PSI), ..

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Australian shares open flat

The Australian market was flat in early trade with domestic and Chinese economic data out later this week expected to give investors on how to trade. Monday marks the start of the first full week o..

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Australian bonds firmer in quiet trade

The Australian bond market is slightly stronger after a quiet night of trade on offshore markets on Friday night. "Trading was thin, given the holiday season and snowstorms in New York and Boston,"..

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Australian market set to open higher

The Australian market looks set to open higher following a mixed result on Wall Street on Friday. The March share price index futures contract is up 23 points at 5,335. US stocks finished trade ..

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