Latest Finance News



Banks lift to hold up Aust share market

The Australian share market has closed marginally higher as a slightly positive performance from most of the major banks outweighed weakness in the resources sector. IG market strategist Stan Shamu..

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Banks pull Aussie stocks lower

The Australian share market has closed lower for the sixth consecutive session as gains among the major miners failed to offset falls by the big four banks. Concerns about a slowdown in China and f..

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Aussie shares down for sixth session

The Australian sharemarket has fallen for a sixth consecutive session, following one per cent falls in banking stocks. At the close on Wednesday, the benchmark S&P/ASX 200 index was down 38.1 p..

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Sydney housing undersupply to continue

The lack of available housing in Sydney will take up to five years to correct, according to one of Australia's largest property developers. Stockland chief executive Mark Steinhart said despite eff..

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Markets cheer China stimulus report

A reported $US81 billion ($A87.6 billion) injection into China's major banks is the first of a series of expected stimulus measures by Beijing to boost the world's second largest economy, analysts say..

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Banks drag Aussie share market lower

The Australian share market is trading lower as international investors retreat from the major banks. "International investors that have been investing in this country for the last three or four ye..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Wall Street stocks have posted solid gains following reports of a new Chinese stimulus plan as investors awaited Wednesday's US Federal Reser..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday: FMG - FORTESCUE METALS - up four cents, or one per cent, at $4.00 AGO - ATLAS IRON - up 1.5 cents, or 2.6 per cent, at 59 cents ..

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Bonds firm ahead of Fed announcement

The bond market is slightly firmer ahead of the conclusion of what is expected to be a very important US Federal Reserve meeting. Speculation is mounting that the Fed could signal an interest rate ..

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Banks pull share market lower

The share market has closed lower as investors pulled out of bank stocks in anticipation of a rise in interest interest rates in the United States. Investors are speculating the US Federal Reserve ..

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Market flat at noon

The Australian share market is flat as gains in mining stocks offset weakness elsewhere in the market. Chinese iron ore rebounded from five year lows overnight to push back above $US85 a tonne, whi..

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RBA shows concern over housing market

The RBA is increasingly worried about the possibility that speculation in the housing market could derail the economic outlook. Of course, the central bank would never use a word like "worry". I..

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Consumer confidence slides 1.8%

Consumer confidence has dipped to its lowest level in more than a month despite an improvement in the unemployment rate. ANZ's latest weekly reading on how consumers feel dropped 1.8 per cent in th..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: ARI - ARRIUM - in a trading halt at 65 cents Miner and steelmaker Arrium is asking its shareholders to cough up more than $750 millio..

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Sharp drop for shares

The share market has suffered its biggest one day fall in five weeks as investors retreated from the major banks and some of the big miners. "There's a few factors at play but overall it's just ner..

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Heavy fall for Aussie shares

The share market has suffered its largest one day fall in five weeks due to weaker than expected economic data from China. At the close on Monday, the benchmark S&P/ASX 200 index was down 57.6 ..

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Market lower despite miners’ gains

News of a slowdown in Chinese industrial production is pulling the share market lower, despite mining stocks recovering some losses as the Australian dollar falls. Investors are turning to mining s..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday: FFG - FATFISH INTERNET GROUP - steady at 22 cents Fatfish, an Australian-listed company that invests in internet ventures, has brought..

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Shares lower at noon

The Australian stock market is lower as falls in the banking sector offset a better day for mining stocks. Wall Street finished little changed overnight as concerns about the upcoming referendum on..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday: AZJ - AURIZON - down two cents, or 0.4 per cent, at $4.72 Australia's largest freight operator has received exclusive rights to develo..

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Another fall for Aussie shares

The share market has closed lower due to growing weakness in the dominant mining and financial sectors. At the close on Thursday, the benchmark S&P/ASX 200 index was down 28.2 points, or 0.51 p..

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House sales surge to six-year high

The number of houses being sold has hit its highest level since the global financial crisis six years ago. Analysis by RP Data shows house sales jumped more than 10 per cent to 348,670 in the 2013/..

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