Latest Finance News



Banks lead share market lower

Australian shares slipped as ANZ and National Australia Bank paid out their final dividends. The resulting falls in the two banks' share prices proved a major drag on the wider market, Morgans equi..

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SEEK sells education business

Jobs website SEEK is selling its stake in a private colleges firm to a multinational higher education group with ties to former US president Bill Clinton. Laureate International Universities (LUI) ..

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Jobs figures put RBA in hot seat

A weak set of jobs figures puts the Reserve Bank of Australia in a tough spot. The labour market argues for lower interest rates but the housing market says the opposite. The job figures, releas..

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Live export ban, drought weigh on AACo

Australia's largest beef producer says the impact of the temporary suspension of live cattle exports to Indonesia in 2011 and drought led to a $31.6 million half-year loss. Australian Agricultural ..

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Jobless rate steady but expected to fall

The Australian economy added just 1,100 jobs in October, but recent retail spending and housing data could be a sign improvement is on the way.October's unemployment rate was steady at 5.7 per cent, a..

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Dow hits record as Nasdaq retreats

The Dow Jones Industrial Average has climbed to a new record, even as investors punished some tech names after Tesla earnings disappointed.The Dow on Wednesday jumped 128.66 (0.82 per cent) to 15,746...

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