Latest Finance News



Banks pull share market lower

The share market has closed lower as investors pulled out of bank stocks in anticipation of a rise in interest interest rates in the United States. Investors are speculating the US Federal Reserve ..

Full Article >

Market flat at noon

The Australian share market is flat as gains in mining stocks offset weakness elsewhere in the market. Chinese iron ore rebounded from five year lows overnight to push back above $US85 a tonne, whi..

Full Article >

RBA shows concern over housing market

The RBA is increasingly worried about the possibility that speculation in the housing market could derail the economic outlook. Of course, the central bank would never use a word like "worry". I..

Full Article >

Consumer confidence slides 1.8%

Consumer confidence has dipped to its lowest level in more than a month despite an improvement in the unemployment rate. ANZ's latest weekly reading on how consumers feel dropped 1.8 per cent in th..

Full Article >

Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: ARI - ARRIUM - in a trading halt at 65 cents Miner and steelmaker Arrium is asking its shareholders to cough up more than $750 millio..

Full Article >

Sharp drop for shares

The share market has suffered its biggest one day fall in five weeks as investors retreated from the major banks and some of the big miners. "There's a few factors at play but overall it's just ner..

Full Article >

Heavy fall for Aussie shares

The share market has suffered its largest one day fall in five weeks due to weaker than expected economic data from China. At the close on Monday, the benchmark S&P/ASX 200 index was down 57.6 ..

Full Article >

Market lower despite miners’ gains

News of a slowdown in Chinese industrial production is pulling the share market lower, despite mining stocks recovering some losses as the Australian dollar falls. Investors are turning to mining s..

Full Article >

Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday: FFG - FATFISH INTERNET GROUP - steady at 22 cents Fatfish, an Australian-listed company that invests in internet ventures, has brought..

Full Article >

Shares lower at noon

The Australian stock market is lower as falls in the banking sector offset a better day for mining stocks. Wall Street finished little changed overnight as concerns about the upcoming referendum on..

Full Article >

Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday: AZJ - AURIZON - down two cents, or 0.4 per cent, at $4.72 Australia's largest freight operator has received exclusive rights to develo..

Full Article >

Another fall for Aussie shares

The share market has closed lower due to growing weakness in the dominant mining and financial sectors. At the close on Thursday, the benchmark S&P/ASX 200 index was down 28.2 points, or 0.51 p..

Full Article >

House sales surge to six-year high

The number of houses being sold has hit its highest level since the global financial crisis six years ago. Analysis by RP Data shows house sales jumped more than 10 per cent to 348,670 in the 2013/..

Full Article >

Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday: TLS - Telstra - down six cents, or 1.06 per cent, to $5.62 JBH - JB Hi-FI - down four cents, or 0.23, to $17.05 Telstra and JB Hi..

Full Article >

Lower commodity prices weigh on market

The Australian share market has closed lower in the wake of weak overseas leads and falling commodity prices. CMC Markets chief market strategist Michael McCarthy said several factors had pulled ba..

Full Article >

Miners weigh on broader market

The share market is down and slipping lower as the big miners face more falls in iron ore prices. Chinese trade kicked off its day with falls in the spot price of iron ore, Australia's biggest expo..

Full Article >

Aust bonds weaken on US rate hike talk

Australian bond futures prices are lower on expectations that the US Federal Reserve might raise its interest rate sooner than expected. The US Federal Reserve has not raised the Federal Funds rate..

Full Article >

Stocks to watch on Wednesday

Stocks to watch on the Australian stock exchange on Wednesday: BXB - BRAMBLES - down four cents, or 0.4 per cent, to $9.48 Brambles will look to expand its exposure to the oil and gas sector thr..

Full Article >

Shares break run of losses

A recovery by the resources sector after recent falls in iron ore prices has helped the share market break a run of four straight losses. The market's gain came despite a weaker reading of business..

Full Article >

Aust shares gain ground

The share market has closed higher, breaking a run of four straight losses, as the resources sector bounced back from its recent hit from falling commodity prices. At the close on Tuesday, the benc..

Full Article >

Shares rise in quiet trade

The share market is slightly higher as investors snap up bargains after four consecutive days of falls. "It's probably as expected, which is to finally see a little bit of support considering the s..

Full Article >