Latest Finance News



Flat day on the share market

The stock market has closed flat as the impact on miners of weaker iron ore prices, and falls by the retail giants, were offset by gains in other sectors. Markets around the world have reacted caut..

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Aust shares close flat

The Australian share market has closed flat, with the big supermarket owners weighing on sentiment as the earnings season winds up. At the close on Friday, the benchmark S&P/ASX200 index was 1...

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High Aussie dollar means no rate hike

Good news for borrowers - the chance of an interest rate hike before June 2015 is becoming less and less likely. The Reserve Bank's interest rate cutting cycle is well and truly over, but some econ..

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Earnings season: all profit, no growth

Profits were up and dividends as well, but analysts say the latest company earnings season should give investors something to worry about. CMC Markets chief market strategist Michael McCarthy said ..

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IMF urges US to hike minimum wage

The International Monetary Fund (IMF) has urged the US to boost incomes for the poor, including raising the minimum wage, saying that would help sustain the country's rebound from the Great Recession...

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Share market flat despite weak lead

The share market was flat at noon despite falls on global markets due to an escalation of conflict in Ukraine. Ukraine and the West say Russian troops are actively involved in the fighting, raising..

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$A lifts ahead of US unemployment data

The Australian dollar was slightly up at noon as currency traders begin to position for American unemployment data next week. At 1200 AEST on Friday, the local currency was trading at 93.57 US cent..

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Stocks to watch on Friday

Stocks of interest on the Australian Securities Exchange on Friday: GXL - GREENCROSS - down 29 cents, or 2.8 per cent, at $10.00 Veterinary services and pet products provider, Greencross announc..

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Market takes a fall as majors drop

The share market closed lower as a drop in iron ore prices and more companies paying out dividends dragged on prices. Only four of the top 20 companies finished the day in positive territory. Qa..

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Aussie shares close lower

The Australian share market has closed lower, with fresh iron ore price falls weighing on the resources sector. At the close on Thursday, the benchmark S&P/ASX200 index was 26.8 points, or 0.47..

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New home sales fall in July

The housing market has suffered a setback to the start of the financial year after enjoying a strong recovery in 2013/14. New home sales fell 5.7 per cent in July, seasonally adjusted, after a 1.2 ..

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Australian stocks lower

Australian stocks are headed for a weaker finish, with investors unwilling to maintain the recent run of rising prices amid a range of headwinds. Worries about Europe's poorly performing economies ..

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Stocks to watch on Thursday

Stocks of interest on the Australian Securities Exchange on Thursday: ABC - ADELAIDE BRIGHTON - up three cents, or 0.8 per cent, at $3.62 Construction materials company Adelaide Brighton issues ..

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Aussie shares close higher

The Australian share market has closed higher, managing modest gains despite heavyweight Telstra's shares dropping as it paid out dividends. At the close on Wednesday, the benchmark S&P/ASX200 ..

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Share market boosted by offshore news

Positive news from the world's largest economy is boosting the local share market, despite falling iron ore prices and the impact of Telstra paying out its latest dividend. Wall Street's S&P 50..

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Stocks to watch on Wednesday

Stocks of interest on the Australian Securities Exchange on Wednesday: SWM - SEVEN WEST MEDIA - down two cents, or one per cent, at $2.02 Television, magazine and newspaper company Seven West Me..

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Aussie share market closes flat

The Australian share market has closed almost flat as modest gains among the major banks outweighed weakness in the big miners pressured by falling iron ore prices. CMC chief market strategist Mich..

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Share market edges higher

The share market is slightly higher with gains in the financial sector offsetting the impact of a falling iron ore price on the miners. Commonwealth Bank's dividend reinvestment plan for shareholde..

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Stocks to watch on Tuesday

Stocks of interest on the Australian Securities Exchange on Tuesday: BSL - BLUESCOPE STEEL - down 78 cents, or 12.8 per cent, at $5.32 BlueScope Steel has lifted its underlying profit and expect..

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Big miners weigh on share market

The share market has ended a seven session winning run as a fall in iron ore prices weighed on the resources sector. The fall in the iron ore price was related to more doubts over the strength of C..

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Telco M2 achieves strong profit growth

The company behind internet providers iPrimus and Dodo expects its profit to grow as it continues to add new customers. M2 Group made a profit of $67.1 million in the year to June 30, up 53 per cen..

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Aussie share market trading lower

The Australian stock market is lower, due the weakness in the mining sector and the big four banks. CommSec market analyst Steven Daghlian said the ASX was lower following a soft lead from Wall Str..

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