Latest Finance News



Consumer confidence stabilising – ANZ

Consumer confidence has lifted - helped by continued low interest rates and rising housing prices. The ANZ/Roy Morgan weekly consumer confidence index rose 0.6 per cent in the first week of Septemb..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: BBG - BILLABONG - up two cents, or 3.1 per cent, at 66.5 cents Billabong has wrapped up the sale of its 51 per cent stake in the onli..

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Aust shares close lower

The share market has closed lower for a fourth straight session as the latest data from China showed a drop in imports from its major trading partners, including Australia. At the close on Monday, ..

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China’s trade surplus hits record

China's trade surplus has surged to a record $US49.8 billion ($A53.88 billion) in August, as imports surprisingly fell for a second straight month while export growth slowed. Imports fell 2.4 per c..

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Shares lower as caution takes hold

The share market is lower as investors practice caution ahead of the latest economic data from China. Most sectors of the market were lower, although the big mining companies were higher, despite f..

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Stocks to watch on Monday

Stocks to watch on the Australian stock exchange on Monday: BHP - BHP BILLITON - down 37 cents, or 1.03 per cent, at $35.65 FMG - FORTESCUE METALS GROUP - down 13 cents, or 3.2 per cent, at $3.9..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange on Friday: BHP - BHP BILLITON - down 18 cents, or 0.5 per cent, at $36.02 RIO - RIO TINTO - down 20 cents, or 0.3 per cent, at $62.14 Iron ore..

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Shares fall as investors cash in

The share market has closed lower as investors exercised caution ahead of key economic events overseas and cashed in on recent gains. Losses on the local market were bigger than the pullbacks exper..

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Shares fall amid light trade

The share market is weaker as investors sit on the sidelines ahead of important economic events overseas. Most sectors of the market were lower at noon, and trading volumes were down. Investors ..

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Stocks to watch on Thursday

Stocks to watch on the Australian stock exchange on Thursday: API - Australian Pharmeceutical Industries - up 10 cents, or 17.1 per cent, to 68.5 cents The owner of the Priceline pharmacies bran..

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US stocks open up on Ukraine truce news

US stocks have opened higher on news of a truce in Ukraine and ahead of a European Central Bank decision that could bring new monetary stimulus to the eurozone. Five minutes into trade on Wednesday..

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Govt spending fell 0.6% in June qtr

Public sector spending fell in the June quarter and will weigh on the reported economic growth rate when the national accounts are released on Wednesday. But the real impact on growth from the publ..

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Consumer confidence dips

Consumer confidence has taken a step back amid concerns about household finances. Confidence fell 0.8 per cent among consumers in the final week of August as pessimism about the financial situation..

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Stocks to watch on Tuesday

Stocks to watch on the Australian stock exchange on Tuesday: HVN - HARVEY NORMAN - up 13 cents, or 3.7 per cent, at $3.68 Harvey Norman shares are continuing to rise after it turned around two y..

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International markets roundup

A roundup of trading on major world markets: NEW YORK - Markets in the United States were closed on Monday for the nation's Labor Day public holiday. On Friday, The S&P 500 closed August wit..

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Aussie shares close flat

The Australian share market has closed almost flat, into a busy week of key economic data, including gross domestic product (GDP) figures on Wednesday. At the close on Monday, the benchmark S&P..

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Share market modestly higher

The share market is modestly higher as investors hope upcoming central bank meetings provide further support for low interest rates. With little news to stimulate trade, the market's recent positiv..

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Imports weigh on manufacturing activity

Manufacturing in Australia took a backward step in August, hurt by competition from imports, the high Australian dollar and caution among businesses. The Australian Industry Group's Performance of ..

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Inflation beginning to slow

SYDNEY, Sept 1 AAP - Prices of goods and services were fairly flat in August, making the chance of an interest rate hike less likely. The flat result for the latest TD Securities/Melbourne Institut..

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