Latest Finance News



Aussie shares fall amid Ukraine fears

The Australian share market has opened lower following negative leads from Wall Street and fears the conflict in Ukraine is set to worsen. US stocks fell sharply overnight with investors also selli..

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Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday, Aug 6: COH - COCHLEAR - up $6.46, or 10.3 per cent, at $69.00 Shares in hearing implants maker Cochlear have climbed almost seven p..

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Market falls for third straight day

The share market has fallen for a third consecutive trading day despite the US and Europe providing positive leads. The falls have come after the market last week climbed above 5,600 points - its h..

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RBA Rates Decision – Full Text

Statement by Glenn Stevens, Governor: Monetary Policy Decision At its meeting today, the Board decided to leave the cash rate unchanged at 2.5 per cent. Growth in the global economy is continuin..

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Trade figures cast doubt on growth

Figures on Tuesday cast doubt on hopes that foreign trade is driving economic growth. The data from the Australian Bureau of Statistics showed the trade deficit narrowed in June, after seasonal adj..

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Shares lower as earnings season looms

The share market has fallen as investors remain cautious ahead of the release of corporate earnings reports. The falls come despite a positive session on Wall Street, with the local resource and ba..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, Aug 5: AGO - ATLAS IRON - up six cents, or 9.2 per cent, at 71 cents Atlas Iron boss Ken Brinsden has hosed down takeover speculation..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks have recovered some ground lost last week when the S&P 500 notched its biggest weekly decline since mid-2012 and all three majo..

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Global concerns weigh on shares

The share market closed weaker but performed better than expected after heavy opening losses. The market closed 0.28 per cent weaker after opening with losses of nearly half a per cent. A rocky ..

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Aussie shares continue to slide

The Australia share market continues to slide on negative leads from Wall Street and weaker commodity prices. Declines in the base metals and oil prices overnight, combined with further falls in US..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday, Aug 4: KMD - KATHMANDU - up 10 cents, or 3.31 per cent, at $3.12 A colder than expected July has saved adventure clothing retailer Kat..

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Aussie shares fall sharply

The Australian share market has retreated on the eve of Australia's company earnings season. The market is down by around 1.36 per cent, breaking a three-day winning streak after US stocks plummete..

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PPI augurs well for CPI

Inflation figures on Friday added some weight to expectations that inflation will ease back over the coming year. They weren't the high-profile consumer price index (CPI) figures - they were releas..

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Aussie shares open sharply lower

The Australian share market has opened sharply lower. At 1011 AEST on Friday, the benchmark S&P/ASX200 index was down 66.4 points, or 1.18 per cent, at 5,566.5, while the broader All Ordinaries..

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NAB boss announces shake-up

New NAB boss Andrew Thorburn has shaken up the bank's executive team in his first day on the job. NAB's chief risk officer, Bruce Munro, will retire after 40 years with the company while business b..

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Banks lead gains on Aust market

The Australian share market is slightly higher after a flurry of mixed quarterly production data and weaker-than-expected building approval data. Early trade was quiet as investors digested the eff..

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