Latest Finance News



Australian market finishes flat

The local share market finished flat as investors sit on their hands ahead of Saturday's federal election. Trading volumes were low on Friday as market players weighed up a probable coalition elect..

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BHP pushes ahead in tough coal market

It came as a surprise to many this week that BHP Billiton proudly opened a new coal mine when the business has bled money in the last two years. Coal has become as much of an ugly word for investor..

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Consolidated sells 23% BC Iron stake

BC Iron shares have fallen 2.5 per cent after a major shareholder, Consolidated Minerals, sold a 23 per cent stake in the company.Consolidated Minerals, which was a founding shareholder in BC Iron, so..

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Mirvac Group board appoints new chair

Property developer Mirvac has appointed former Suncorp chief executive John Mulcahy as its new chairman. Mr Mulcahy will replace James MacKenzie, who will step down at the company's annual general ..

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Aussie shares flat ahead of election

Australian shares are flat as investors on hold until the election is over, with banking and mining stocks taking a hit. While a coalition victory is almost a certainty, CommSec market analyst Juli..

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US stocks rise on mixed jobs report

US stocks have opened higher after a mediocre US jobs report raised doubts that the Federal Reserve will soon scale back its aggressive bond-buying program.Five minutes into trade on Friday, the Dow J..

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