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Australians spent a record $16 billion shopping online in the past year, with the weaker dollar ensuring more of that money stays in our own backyard.Online retail sales rose 11.9 per cent in the year..
Stocks to watch on the Australian stock exchange on Wednesday, Dec 3: AGO - ATLAS IRON - down one cent, or 5.7 per cent, at 16.5 cents Atlas Iron has reduced the size of its board and cut pay fo..
The Dow has jumped to a fresh record close following a rise in US construction spending and encouraging auto and Cyber Monday sales data. The Dow Jones Industrial Average gained 102.75 points (0.58..
The Australian share market has closed higher, recovering most of its Monday losses after a small but much-needed lift in oil prices. At the close on Tuesday, the benchmark S&P/ASX200 index was..
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..
The Australian share market is rebounding from Monday's sell-off, with mining giant BHP Billiton and energy stocks leading the gains. The market is around three quarters of a per cent higher, claim..
Stocks to watch on the Australian stock exchange on Tuesday, Dec 2: MTS - METCASH - down 43 cents, or 16.48 per cent, at $2.18 Metcash shares have slumped to a 10 year low after the grocery whol..
Retail and tech equities have led US stock markets lower following a disappointing kickoff of the holiday shopping season.The Dow Jones Industrial Average lost 51.44 points (0.29 per cent) at 17,776.8..
The share market has dumped two per cent, with energy stocks tumbling in the wake of the lowest crude oil prices since 2009. The market suffered its biggest fall in 10 weeks, with frantic trading o..
The Australian share market has closed two per cent lower, with mining and energy stocks copping another hammering amid fresh falls in commodity prices. At the close on Monday, the benchmark S&..
The share market is weaker as another fall in oil prices hits energy stocks. The Brent price of crude oil has touched a fresh four-and-a-half year low after OPEC nations shied away from cutting pro..
The slowest capital city house price rises in a year could stop the Reserve Bank from raising interest rates. Only Sydney, Brisbane, Perth and Hobart posted property value increases in November, as..
A roundup of trading on major world markets: NEW YORK - Energy-related stocks have been hammered, leaving US stocks mixed in a holiday-shortened session, after OPEC decided not to cut production in..
Stocks to watch on the Australian stock exchange on Monday, Dec 1: CSL - CSL - down 45 cents, or 0.5 per cent, at $82.57 A flu vaccine made by Swiss pharmaceuticals giant Novartis, a company set..
Stocks to watch on the Australian stock exchange on Thursday, Nov 27: ASL - AUSDRILL - down 5.5 cents, or 10.9 per cent, at 45 cents Mining services business Ausdrill is slicing $28 million off ..
The Australian share market is trading higher, led by a stronger resources sector and gains amongst the big banks. CMC Markets chief market strategist Michael McCarthy said the Australian market ha..
The Australian dollar is weaker as a surprise jump in US economic growth boosts the greenback. At 0630 AEDT on Wednesday, the local currency was trading at 85.24 US cents, down from 86.02 cents on ..
Consumer confidence is slowly improving, which should result in a pick up in spending going into the Christmas period. The ANZ/Roy Morgan consumer confidence index rose 1.2 per cent last week, part..
OzForex's share price has jumped on a 26 per cent rise in profit, ending a run of outs for its stock. The foreign exchange services provider also said it was well placed for growth, as global curre..
Weakness in the resources sector is weighing on the share market, but Medibank Private has made a solid debut. Health insurer Medibank Private, which listed at $2.00 per share, opened at $2.22, and..
Harvey Norman shareholders have railed against chairman Gerry Harvey's salary, but he says nothing is going to change.Executives at the household goods and electronics retailer received generous pay i..
Medibank Private first day of trading didn't quite live up to expectations, but mum and dad investors picked up a tidy profit anyway.There were cheers at the Australian Securities Exchange as the priv..
Mining explorer Heron Resources has been forced to hold a spill of its board of directors after suffering a shareholder revolt at its annual general meeting. Heron suffered a so-called "second stri..
Mining stocks are propelling the share market higher after interest rates in China were cut to boost economic growth. The unexpected move by the People's Bank of China has raised expectations of an..
National Australia Bank customers slugged with unfair fees have a second chance to take part in a multi-million dollar compensation claim. About 30,000 NAB customers are already part of a class act..
