Latest Finance News



$A strong on jobs and China trade data

The Australian dollar has rallied above 93.50 US cents following strong local jobs numbers and positive trade figures out of China.At 1220 AEST on Thursday, the local currency was trading at 93.60 US ..

Full Article >

Stocks to watch at noon on Thursday

Stocks to watch on the Australian stock exchange at noon on Thursday: ARI - ARRIUM - up 2.00 cents, or 1.78 per cent, at $1.145 Steel and mining group Arrium is to cut 120 jobs as part of a rest..

Full Article >

Aurizon cuts up to 480 jobs in Qld

Queensland's premier has conceded job losses are a danger with asset sales as a privatised freight rail firm flags retrenching up to 480 workers.Aurizon has announced the downsizing of heavy maintenan..

Full Article >

NAB waiting for business credit growth

Almost six years after the global financial crisis, National Australia Bank is still waiting for businesses to start spending and borrowing money again. NAB unveiled a record $3.15 billion cash pro..

Full Article >

RBA to remain on hold after jobs data

The central bank is likely to leave interest rates on hold after the release of better-than-expected jobs figures, economists say. The unemployment rate was steady at 5.8 per cent in April, with th..

Full Article >

Aussie shares finish lower

The Australian share market has followed the global trend and has finished lower, with mining stocks taking the biggest hit. A global risk-off sentiment has spread from the US to Asia and Australia..

Full Article >

Stocks to watch at lunch

Stocks to watch on the Australian stock exchange at noon on Wednesday: AMC - AMCOR - down 8.5 cents, or 0.8 per cent, at $10.235 Packaging business Amcor has bought Indonesia's Bella Prima Packa..

Full Article >

International markets roundup

A roundup of trading on major world markets: NEW YORK - US stocks retreated as a sell-off in Twitter revived worries about the tech sector and disappointing earnings from insurer AIG hit financial ..

Full Article >

Australian shares close higher

The share market is higher after a late rally boosted most sectors. Shares opened more than half a per cent higher, before the market lost most of those gains after the release of data showing a we..

Full Article >

Stocks to watch at the close

Stocks to watch on the Australian stock exchange at the close on Tuesday: AUT - AURORA OIL AND GAS - steady at $4.05 Shares in Aurora Oil and Gas will stop trading in late May, provided sharehol..

Full Article >

Aurora shares to be suspended in May

Shares in Aurora Oil and Gas will stop trading in late May, provided shareholders approve a $1.8 billion takeover offer from Canada's Baytex Energy. Aurora shareholders are due to vote on the propo..

Full Article >

Stocks to watch at noon on Tuesday

Stocks to watch on the Australian stock exchange at noon on Tuesday:AUT - AURORA OIL AND GAS - down 1.00 cent, or 0.25 per cent, at $4.04Shares in Aurora Oil and Gas will stop trading in late May, pro..

Full Article >

Commodities markets summary

A summary of trading in key commodities markets overseas: ENERGY Oil prices dipped after a disappointing manufacturing report on China raised concerns about crude demand, overshadowing worries a..

Full Article >

Aussie shares close flat

The Australian share market has finished flat as gains among the miners were offset by falls in the financial sector. IG's market analyst Chris Weston said investors initially reacted cautiously to..

Full Article >

Stocks to watch at close on Monday

Stocks to watch on the Australian stock exchange at the close on Monday: AZJ - AURIZON - down 25 cents, or 4.8 per cent, at $4.92 AQA - AQUILA RESOURCES - up 89 cents, or 36.3 per cent, at $3.34..

Full Article >

Stocks to watch at lunch

Stocks to watch on the Australian stock exchange at noon on Monday: AZJ - AURIZON - down 21.5 cents, or 4.16 per cent, at $4.955 AQA - AQUILA RESOURCES - up 90 cents, or 36.73 per cent, at $3.35..

Full Article >

Aussie shares are up on US jobs growth

The Australian share market is up after Australia's second largest bank, Westpac, announced a big rise in earnings and signs the US economy is strengthening. Westpac announced an eight per cent inc..

Full Article >

Aust shares close higher

The Australian share market has closed higher, recovering from sharp drops in early trade.At the close on Friday, the benchmark S&P/ASX200 index was 9.2 points, or 0.17 per cent, higher at 5,458.1, wh..

Full Article >