Latest Finance News



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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Stocks to watch today

Stocks to watch on the Australian stock exchange at noon on Thursday: AMC - AMCOR LTD - down four cents, or 0.53 per cent, at $7.51 Paper and packaging group Amcor has paid $US40 million ($A38.8..

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Australian stocks close flat

The Australian share market has closed flat despite a sell-off triggered by disappointing trade balance numbers. The benchmark S&P/ASX200 index was down 3.1 points, or 0.07 per cent, at 4,333.9..

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Transfield shares tumble

Shares in construction and maintenance firm Transfield Services plunged almost 12 per cent as analysts anticipate a writedown on its newly acquired Easternwell business. The company's shares lost 2..

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QBE to raise premiums 7%

QBE's insurance premiums will increase by seven per cent in 2012 and continue to climb into 2013 as the insurance giant tries to recoup the cost of disasters in Australia and overseas. And people l..

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Oil prices decline to $104

Oil prices are falling after a two-day rise as traders eye mixed signs about the strength of the global economy. Benchmark oil for May delivery gave up 80 cents to $US104.43 ($A100.66) a barrel in ..

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