Latest Finance News



Aussie shares close lower

The Australian share market has closed lower, finishing in the red in three out of the last four sessions. At the close on Monday, the benchmark S&P/ASX200 index was 49.2 points, or 0.93 per ce..

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Housing prices stall in Sept: RP Data

House prices flattened in September after the strongest winter gains in seven years. A daily home value index for mainland state capitals compiled by RP Data and CoreLogic was down 0.3 per cent in ..

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Qantas welcomes falling Aussie dollar

Qantas boss Alan Joyce believes the airline's loss making international arm is turning a corner, and will be boosted by a falling Australian dollar. He says the recent drop in the local currency to..

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Falling dollar a boost to Qantas

Qantas boss Alan Joyce believes the airline's loss making international arm is turning a corner, and says a sliding Australian dollar could put it in a "sweet spot." He says the recent drop in the ..

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$A reaches nine-month low

The Australian dollar continues to fall as the greenback rallies on the back of a strengthening US economy. At 1200 AEST on Monday, the local unit was trading at 87.24 US cents, down from 87.66 cen..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Sept 29: ASL - AUSDRILL - down 0.5 cents, or 0.53 per cent, at 93.5 cents Charges against the boss of mining contractor Ausdrill have ..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks finished an up-and-down week on a high note, posting solid gains on a strong Nike earnings report and a rally in Apple shares. T..

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US stocks gain on Nike, Apple news

US stocks have finished an up-and-down week on a high note, posting solid gains on a strong Nike earnings report and a rally in Apple shares. At the closing bell on Friday, the Dow Jones Industrial..

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RBA mulls ‘macropru’ to rein in boom

It may be a contender for the most boring buzzword in history, but `macroprudential' is the term of the moment in economic an political circles.So what does it mean?Essentially, it's all about the Res..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday, Sept 26: BHP - BHP BILLITON - up 10 cents, or 0.3 per cent, at $34.79 RIO - RIO TINTO - up 75 cents, or 1.2 per cent, at $61.50 BHP..

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Big miners lift share market

The Australian share market has closed slightly higher after the big miners lifted the overall index. Patersons broker Tim Cruise said the big miners drove the gains while banks were mixed. "It'..

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Job vacancies fell in August

The number of jobs on offer to people looking for work has fallen, new figures show. There were 145,800 job vacancies in August, seasonally adjusted, down from 146,900 in May, the Australian Bureau..

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Banks and miners lift share market

The share market has lost some of its early gains but remains higher as the banking sector and two big miners gain ground. The market received a boost from a strong session on Wall Street overnight..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday, Sept 25: ALZ - AUSTRALAND - down 4.00 cents, or 0.89 per cent, at $4.44 The Singapore bidder for Australand will wrap up its takeove..

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Aussie market closes lower

The Australian share market has closed lower as the major banking stocks fell after the central bank warned it may take action against risky lending. Weak leads from Wall Street and a further fall ..

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Aussie shares close lower

The Australian share market has closed lower, with the big banks giving up gains from the previous session and the miners weighed down by fresh falls in iron ore prices. At the close on Wednesday, ..

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RBA advises caution for banks

It's the Reserve Bank of Australia's job to worry, and it's not just the housing market it's worried about - lending to business is also on the central bank's radar. The RBA has a responsibility to..

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Aussie shares down on weak leads

Further falls in the iron ore price and weak leads from Wall Street are weighing on the Australian share market. The local market is lower after a solid rise on Tuesday, with bargain hunting buyers..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Sept 24: BNO - BIONOMICS - down 0.5 cent, or 0.93 per cent, at 53.5 cents The biopharmaceutical company is buying France's Prestwic..

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Aussie shares rise on better China data

Better than expected economic data from China has fuelled the share market's largest one day rally in more than three months. Money flowed back into the market's two largest sectors, partly due to ..

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Aussie share market picks up

The Australian share market has picked up as investors rebound from the sell-off on Monday and a poor start on Tuesday. Lonsec senior client adviser Michael Heffernan said trading at noon on Tuesda..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Sept 23: ALQ - ALS Limited - down $1.20, or 17.22 per cent, at $5.77 Laboratory services business ALS Limited has warned that the slo..

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Bonds rise on positive US lead

The Australian bond market is higher as traders followed a positive lead from the US. Global bond markets were taking a breather after volatility caused by last week's highly-anticipated US Fed mee..

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