Latest Finance News



Australian share market closes lower

The Australian share market has lost ground as investors wait for direction from Europe and the US. Morgans client adviser Alistair McCorquodale said the local market had fallen steadily throughout..

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Australian share market trading lower

The Australian share market is trading slightly lower in what is expected to be a quiet period for the domestic market over the next few days. Invast Securities chief market analyst Peter Esho said..

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Dexus takeover offer for CPA now open

A joint takeover offer from the Dexus Property Group and the Canada Pension Plan Investment Board (CPPIB) for the Commonwealth Property Office Fund (CPA) is now open. The Dexus-CPPIB consortium mak..

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AUD backs away from one-month high

The Australian dollar has fallen after hitting its highest level in almost a month. At 1200 AEDT on Monday, the local unit was trading at 89.56 US cents, down from 89.71 cents on Friday. Early o..

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Services sector contracts in December

Australia's services industry finished 2013 on a sour note, with the sector contracting at a faster rate in December. According to the Australia Industry Group Performance of Services Index (PSI), ..

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Australian shares open flat

The Australian market was flat in early trade with domestic and Chinese economic data out later this week expected to give investors on how to trade. Monday marks the start of the first full week o..

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Australian bonds firmer in quiet trade

The Australian bond market is slightly stronger after a quiet night of trade on offshore markets on Friday night. "Trading was thin, given the holiday season and snowstorms in New York and Boston,"..

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Australian market set to open higher

The Australian market looks set to open higher following a mixed result on Wall Street on Friday. The March share price index futures contract is up 23 points at 5,335. US stocks finished trade ..

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Australian shares end day lower

The Australian share market has fallen, weighed down by resources stocks, following a drop on overseas markets. Shares opened in negative territory and remained there for day, IG market analyst Chr..

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Big movers on Friday

Stocks to watch on the Australian stock exchange at close on Friday: ANN - ANSELL - down 23 cents, or 1.1 per cent, at $20.60 Protective clothing and condom maker Ansell has completed its $US615..

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Stocks to watch on Friday

Stocks to watch on the Australian stock exchange at noon on Friday: ANN - ANSELL - down 24 cents, or 1.15 per cent, at $20.59 Protective clothing and condom maker Ansell has completed its $US615..

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US dollar gains on euro

The US dollar has risen against the euro as investors push back into the greenback and send US bond yields lower. At 2200 GMT on Thursday (0900 Friday AEDT), the euro was at $US1.3665, compared wit..

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US stocks fall on profit taking

US stocks have kicked off the new year in the red, falling decisively in a selloff that analysts chalked up to profit taking following solid gains in 2013. At the closing bell on Thursday, the Dow ..

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Shares end first day of 2014 higher

The share market has opened 2014 on a positive note, despite low volumes during the holiday season. At 1615 AEDT on Thursday, the benchmark S&P/ASX200 index was up 15.7 points, or 0.29 per cent..

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$A falls on softer Chinese data

The Australian dollar is slightly lower after a drop in Chinese manufacturing activity. At 1200 AEDT on Thursday, the local unit was trading at 89.07 US cents, down from 89.36 cents on New Year's E..

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Data confirms good year for housing

Australian home prices jumped almost 10 per cent in 2013 and the boom isn't expected to let up any time soon. Sydney's property market was the strongest, helping to deliver the strongest year of na..

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Aust shares start new year higher

The Australian share market has opened trading for 2014 with gains. Following Wednesday's public holiday, the market has followed positive leads from the US and Europe on New Year's Eve and from Ch..

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$A lower again

The Australian dollar is lower as it resumes its trend downwards sparked by the US Federal Reserve's decision to scale back its economic stimulus program. At 0700 AEDT on Thursday, the local unit w..

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Australian market to start year flat

The Australian market looks set to start 2014 flat amid likely quiet trade following the New Year's public holiday. At 0645 AEDT on Thursday, the March share price index futures contract was unchan..

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