Financial Services

The Australian dollar is almost unchanged ahead of the release of key US employment data.

The Australian share market closed higher, boosted by mining stocks after the release of a bumper trade report in China.

Australian firms are unlikely to get any relief from the relentless strength of the local dollar any time soon, particularly if overseas central banks keep pursuing policies that deflate their own

Banks have rejected calls for a new tax on the industry, saying the move would hurt retirees and small businesses.

Australian shares remain near four-and-a-half year highs, pushed up by a fifth straight day of gains on Wall Street.

Growing investor enthusiasm for equities in the wake of this week's records pushed US markets higher again on Thursday.

Cash Converters International managing director Peter Cumins has today sold $2.57 million worth of shares in the company he and his brother Brian Cumins helped build.

The Australian dollar spent the day trading lower after better than expected US employment figures boosted the greenback.

ANZ has cut another 50 jobs, this time reducing staff in its institutional and international banking operations.

The Australian share market has finished lower, despite some resilience in the resources and materials sector.

Western Australian listed companies have shrugged off mixed commodity price moves to gain value in February, according to new research.

 Australian stocks have opened firmer with mining companies leading the way.

The Dow pushed to fresh highs on Wednesday one day after notching an all-time record, even as the Federal Reserve said economic growth continued at a dull pace.

Australian shares have closed at new four and a half year highs as local investors joined the global buying spree.

The City of Swan has recovered some of the funds invested in collapsed investment bank Lehman Brothers Australia.

The Australian market was hovering around four-and-a-half year highs at open after Wall Street soared to a record high.

The Dow Jones Industrial Average soared to an all-time record high on Tuesday, passing the five-year-old mark to leave behind the deep losses of the economic crisis.

The Australian dollar rose to its highest level in almost a week after the central bank decided not to cut its cash rate.

The Australian market closed higher after news that Australian retailers recorded their strongest January sales growth in six years led to gains for discretionary retail stocks.

The Reserve Bank of Australia has left the official cash interest rate unchanged at 3 per cent as the economy continues to show signs of improvement, at home and abroad.

Australian retailers recorded their strongest January sales growth in six years as increasingly confident consumers headed back to the shops.

The Australian stock market is up one per cent at the open, led by strong gains from the big banks.

The Dow Jones Industrial Average defied the effects of new US spending cuts and pushed to a new five-year high on Monday.

The Australian dollar has dropped to an eight-month low as heavy falls on local and Chinese share markets weighed on the currency.

Company profits fell for the fifth consecutive quarter and will weigh on Australia's economic growth and put further pressure on the federal budget.

The Australian share market finished sharply weaker, dragged down by resources stocks that went ex-dividend including mining heavyweight BHP Billiton.

The Australian share market has opened lower in a market affected by large stocks going ex-dividend.

The number of companies that posted a profit during the recently concluded reporting season rose to its highest level in three years.

The Dow Jones Industrial Average moved closer to an all-time high last week, as improving economic sentiment overrode concerns about looming government spending cuts.

There are signs of life and glimmers of hope in the market after a reporting season that beat expectations - albeit only slightly - and promised better things to come.

The Australian dollar is almost half a US cent lower after Chinese economic data showed its manufacturing sector is expanding at a slower pace.

The credibility of Liberal and Labor election promises are both under question, with Troy Buswell admitting the Liberals three major pledges are reliant on being half funded by the Commonwealth, an