Latest Finance News



Banks, miners lead share market lower

The share market has closed lower after falls by the banks and miners offset gains from healthcare, retail and energy companies. The benchmark S&P ASX200 index dropped 0.2 per cent as a sell-of..

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Oil surge fuels rise in Aust shares

A rise in world oil prices has helped the Australian sharemarket regain some of the ground lost in last week's Trump-inspired slump, with energy stocks leading solid gains for most sectors. The ben..

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Heavyweight banks lead ASX lower

The Australian share market has closed lower as investors offload banking stocks amid political uncertainty in the US. The S&P/ASX200 fell 0.19 per cent to 5,727.4 points with the financials se..

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Big banks drag share market lower

The share market has posted its biggest fall in almost two months as the battle between the Turnbull government and the big banks over a proposed $6.2 billion bank levy weighs on investor sentiment to..

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Miners fuel modest share market rise

The share market has closed higher as gains by miners outweighed falls from two major banks that were sold off as they traded ex-dividend. The benchmark S&P/ASX200 gained 0.2 per cent, with fal..

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Aust share market 0.5 pct lower

The Australian share market has closed around 0.5 per cent lower, led downwards by the big banks, as investors fear that the federal government will introduce a new tax on banks in tonight's federal b..

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Steep commodity price falls hurt ASX

The share market has closed lower for a fourth consecutive session on the back of sliding commodity prices with an iron ore slump weighing on the local currency. Iron ore fell by more than six per ..

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Share market fall extends to third day

The share market has fallen for a third straight session as the big banks continue to slide. CMC Markets chief market strategist Michael McCarthy said it was another tough day at the office for inv..

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Banks and miners trigger market fall

Falls by the major banks, miners and and telco company Vocus have triggered the share market's steepest fall in six weeks. The benchmark S&P/ASX200 index dropped 0.98 per cent after the big ban..

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ANZ pulls share market lower

ANZ's weaker-than-expected $3.4 billion half year cash profit has weighed on the big four banks and pulled the share market slightly lower. Phillip Capital senior client adviser Michael Heffernan s..

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Banks drive modest share market gain

The share market has posted a modest gain as strength in the heavyweight financial sector offset a slump in energy stocks as the federal government flagged potential restrictions on gas exports. Th..

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Iron ore price helps drive market up

The Australian share market has closed higher, boosted by positive overseas leads and a lift in the price of iron ore. Phillip Capital senior client adviser Michael Heffernan says it wasn't a bad d..

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Share market breaks its losing streak

The share market has broken a three session losing streak as investors returned to the major banks, and a telco sector where Telstra is facing new competition. The benchmark S&P/ASX200 rose 0.3..

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Third straight fall for share market

The share market has fallen for a third straight session, pulled back by weakness in the financial and energy sectors as geopolitical concerns continue to weigh on investor sentiment. British Prime..

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