Latest Finance News



Aussie shares decline 1.5%

Australian shares fell 1.5 per cent, breaking a six-day winning streak, as investors took an interest rate cut from the central bank as a signal that the eurozone debt crisis will hurt the local econo..

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More interest rate cuts likely

Borrowers are set to benefit from a second interest rate cut by the central bank in as many months and there could be more to come, economists say.The Reserve Bank of Australia (RBA) on Tuesday decide..

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Current account deficit falls

Economic growth estimates for the September quarter are likely to be trimmed, after the release of data showing strong import growth and a cutback in government spending.A seasonally adjusted current ..

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Woodside land buy invalid

Woodside Petroleum doesn't expect its $30 billion Browse project will be delayed by a court deeming the compulsory acquisition of land for the processing hub as invalid.The West Australian government ..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Monday: ANZ - ANZ BANKING GROUP LTD - up 17 cents at $21.05 Late fees charged on credit cards by ANZ can be characterised as a penalty and may..

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US, European stocks climb

A roundup of trading on major world markets: NEW YORK - A promised plan to restore long term confidence in the euro boosted Wall Street stocks and other risky assets. In afternoon trade, the Dow..

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