Latest Finance News



Aussie shares close down by 1.1%

Investors dumped higher risk mining stocks, sending the Australian share market down than one per cent on Friday. At the close, the benchmark S&P/ASX200 index was down 48.0 points, or 1.12 per ..

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Aussie shares open nearly 1% lower

The Australian share market has opened lower after expectations the European Central Bank (ECB) would announce immediate monetary measures to ease the debt crisis failed to bear fruit. At 1020 AEST..

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Stocks to watch early on Friday

Stocks to watch on the Australian stock exchange on Friday, Aug 3 ALS - ALESCO CORPORATION LTD - up one cent at $2.05 DLX - DULUXGROUP LTD - up 16 cents at $3.22 Paintmaker DuluxGroup wants t..

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Stocks to watch early on Thursday

Stocks to watch on the Australian stock exchange on Thursday, August 2 BWD - BLACKWOOD CORPORATION LTD - steady at 18 cents Coal explorer Blackwood Corp is still waiting for $28.4 million it is ..

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Aussie share market closes 0.15% lower

The Australian sharemarket has closed slightly lower after investors took a cautious approach ahead of US Federal Reserve and European Central Bank meetings. At close on Wednesday, the benchmark S&..

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RBA commodity price index edges up

Australia's export commodity prices rose slightly in July after hitting a 16-month low in May and rising only a fraction in June. The Reserve Bank of Australia's (RBA) index of commodity prices in ..

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Online retailers see sales grow: study

With online retailing, it's now a case of the quick and the dead. Early adapters that jumped on the internet bandwagon ahead of the rest have reported revenue growth over the past year, but those s..

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Country Road snares Witchery for $172m

Country Road has agreed to buy rival fashion retailer Witchery and accessories brand Mimco, in a move which it believes will lead to lower prices for shoppers. The $172 million takeover, which had ..

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