Latest Finance News



US stocks bounce back

US stocks have bounced back from the prior day's steep losses, lifted by Alcoa's surprise quarterly profit and easing bond yields in Spain and Italy. The Dow Jones Industrial Average on Wednesday c..

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Aussie stocks close lower

Australian stocks have closed down one per cent as the big miners and other resources-linked companies led the broader market lower. The benchmark S&P/ASX200 index ended down 45.9 points, or 1...

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Flinders Mines shares slip

Shares in Flinders Mines were sold off when its trading halt was lifted, after court action continued to hold up the iron ore explorer's $554 million takeover by a Russian steel maker. Flinders sha..

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Consumer confidence slips

Consumer confidence has fallen to its lowest level in eight months, a survey shows. The Westpac/Melbourne Institute Consumer Sentiment Index fell by 1.6 per cent to 94.5 index points in April, from..

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Jargon a barrier to super

If there's one thing worse than complicated paperwork, it's complicated jargon, especially when it comes to superannuation. A recent survey released by Virgin Super found that although many Austral..

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Stocks to watch Wednesday

Stocks to watch on the Australian stock exchange early on Wednesday: AUN - AUSTAR UNITED COMMUNICATIONS LTD - up four cents at $1.52 CMJ - CONSOLIDATED MEDIA HOLDINGS LTD - steady at $3.05 NW..

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Aussie stocks close lower

The Australian share market closed lower after a rise in domestic job advertisements for the third straight month failed to offset disappointing US employment figures. The benchmark S&P/ASX200 ..

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Job ads rise for third month

Job advertisements rose for a third consecutive month, in a sign that hiring intentions by businesses are continuing to improve, a private survey shows. Total job advertisements on the internet and..

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ERA ups uranium guidance

Energy Resources of Australia (ERA) has upgraded its full-year uranium production guidance as its expects to pump the last water from its flooded Ranger mine by mid this year. The uranium miner was..

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Gunns still in trading halt

Woodchipper Gunns again has asked for more time to put together a plan to raise funds. The company also has requested an extension of the suspension of its shares from trading on the Australian Sec..

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Building activity contracts

Australian construction remained weak in March, although the pace of decline has slowed, an industry study shows. The Australian Industry Group/Housing Industry Association performance of construct..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday, April 10: AUN - AUSTAR UNITED COMMUNICATIONS LTD - last traded at $1.48 The competition watchdog's long-awaited decision on pay TV pr..

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Financial security beats property

It used to be the great Australian dream: a big house on a quarter acre block with a couple of kids and maybe a pet or two thrown in. But white picket fences no longer hold the same allure they onc..

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Australian shares close 0.3% lower

The Australian share market has closed lower in the wake of falling commodity prices and weaker foreign markets. At the close on Thursday, the benchmark S&P/ASX200 index was down 14.3 points, o..

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IAG completes NZ takeover

Insurance Australia Group has completed its $NZ380 million ($A303.72 million) take-over of New Zealand's AMI Insurance after getting the all clear from regulators. The Reserve Bank of New Zealand h..

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