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The share market's seven day winning streak has ended due to significant falls in the bank and mining sectors. The benchmark S&P/ASX200 index hit a six year high of 5,554.5 points in early trad..
Australians are switching back to variable rate home loans as the cash rate sits comfortably at its record low for the foreseeable future. The cash rate has been at 2.5 per cent since August last y..
The federal government will need to be careful not to dampen economic growth too much in putting the budget on track to surplus.AMP chief economist Shane Oliver said initiatives already flagged or spe..
The Australian government has sold $500 million of November 21, 2018, Treasury indexed bonds. The Australian Office of Financial Management (AOFM), which conducts bond auctions on behalf of the gov..
Stocks to watch on the Australian stock exchange at noon on Tuesday:AIO - ASCIANO - up 2.5 cents, or 0.46 per cent, at $5.425Rail operator Asciano says it is on track to achieve its full year profit t..
Shares in retail group Wesfarmers dropped more than two per cent after the Coles supermarket owner's latest sales fell short of investor expectations. Sales from Coles supermarkets and liquor store..
A roundup of trading on major world markets: NEW YORK - US stocks finished mostly higher as investors absorb new sanctions on Russia and look ahead to a busy week of economic news and earnings. ..
US stocks have opened higher after mixed earnings and ahead of the start of a two-day meeting of Federal Reserve policymakers.Five minutes into trade on Tuesday, the Dow Jones Industrial Average rose ..
The Australian dollar is flat in quiet trade as investors play it safe ahead of a busy week of overseas economic data. At 1700 AEST on Monday, the local unit was trading at 92.96 US cents, a touch ..
The Australian share market has closed higher for the seventh straight session due to support for high yielding local stocks. CMC Markets chief analyst Ric Spooner said the local market had been fa..
Business confidence among small and medium-sized firms is waning despite business conditions rising to a four-year high. Small and medium-sized enterprise (SME) confidence fell for the first time i..
Construction giant Leighton Holdings has been awarded a $1.16 billion contract to build an immigration and customs building between Hong Kong and Zhuhai-Macao. Leighton says the 30 metre passenger ..
The share market has made a steady start to the week as renewed concern over tensions in Ukraine weighs on global markets. Wall Street and European markets lost ground on Friday as Ukraine ratchete..
US companies are finally starting to spend some of the cash they've been sitting on, and that could mean a stronger economy and more jobs are on the way. Industrial companies such as General Electr..
A roundup of trading on major world markets: NEW YORK - US stocks slumped after a dim earnings outlook from Amazon sparked a big retreat in tech stocks and as world leaders signalled growing worry ..
The share market closed firm at near six year highs following a sixth consecutive day of gains. Despite overnight weakness in global stock markets and political instability in Ukraine, the local ma..
Stocks to watch on the Australian stock exchange at close on Thursday:AGO - ATLAS IRON - up two cents, or 2.1 per cent, at 97.5 centsWestern Australian iron ore producer Atlas Iron achieved record shi..
Agribusiness Ruralco Holdings expects to post a half year net profit of between $4.5 and $5 billion, up from a $500,000 loss a year ago.The operator of more than 40 specialist businesses expects under..
The Australian dollar is slightly higher as it struggles to recover from losses made after the release of weaker-than-expected March quarter inflation figures. At 0700 AEST on Thursday, the local u..
Apple has courted investors with stock split plans as hot iPhone sales pushed up profits while underscoring pressure for the company to unveil "the next big thing".Apple shares on Wednesday jumped mor..
Australian bond futures prices have rallied on the back of lower than expected inflation, which has reduced the likelihood of rate hikes in the near future. The consumer price index rose 0.6 per ce..
The Australian share market has hit another high after a fifth consecutive day of gains, driven by low inflation. The market opened strongly and reached near six-year highs as solid earnings and ma..
The Australian dollar fell to a two week low after weaker than expected local inflation figures. At 1200 AEST on Wednesday, the local unit was trading at 93.05 US cents, down from 93.67 cents on Tu..
Stocks to watch on the Australian stock exchange at noon on Wednesday: ALZ - AUSTRALAND - up 0.50 cent, or 0.12 per cent, at $4.285 SGP - STOCKLAND - down 3.50 cents, or 0.93 per cent, at $3.745..
Gold prices have fallen to the lowest level in 10 weeks, as investors ignore tensions in Ukraine to focus on an improving US economy and falling Chinese demand for the precious metal. Gold for June..
