Latest Finance News



Australian share market finishes higher

The Australian share market finished stronger near a 22-month high, as investors reacted positively to economic data from China indicating a rebound in activity. At the close on Friday, the benchma..

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MRRT raises $126 million so far

The federal government's mining tax raised $126 million in its first six months of operation. The minerals resource rent tax (MRRT) was forecast to raise $2 billion over the entire 2012/13 financia..

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Australian share market trading higher

The Australian share market is trading slightly higher despite a weak lead from United States markets. At 1200 AEDT on Friday, the benchmark S&P/ASX200 index was up 11.5 points, or 0.23 per cen..

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US stocks drop; Apple gains

US stocks rebounded from early sharp losses but finished down Thursday amid some earnings disappointments while Apple jumped after it said it was reviewing ways to return some of its $137 billion cash..

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Australian stocks open flat

The Australian share market has opened fairly flat following a lacklustre finish on Wall Street. At 1030 AEDT on Friday, the benchmark S&P/ASX200 index was up 5.6 points, or 0.11%, at 4,941.3, ..

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ANZ leaves rates on hold

ANZ has kept its standard variable rates on mortgages and business loans on hold.The decision at the bank's monthly rate setting meeting follows a decision by the Reserve Bank of Australia to keep the..

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More delays cause Sundance share plunge

Shares in Africa-focused iron ore hopeful Sundance Resources plunged almost 12 per cent after it revealed yet another delay in the drawn out takeover by its Chinese suitor.The National Development and..

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