Financial Services

The Australian dollar has fallen to a one-month low following the release of weak domestic trade data and may be on its way back to parity with its US counterpart.

Federal political leaders are urging retail banks to pass on the latest official interest rate cut in full, as new economic data justifies the central bank's surprise decision at its monthly board

The Australian share market has closed at its highest level in more than 14 months despite enduring a flat day of trading.

First home buyers are locking in more fixed rate home loans than they were four years ago as arrears rates continue to improve.

Opposition Leader Tony Abbott says the federal government must ensure the central bank's latest interest rate cut is passed on in full by the retail banks.

Australian stocks have opened firmer, extending gains from the previous day in response to the Reserve Bank of Australia's interest rate cut.

US stocks closed mixed after a day of bumpy trade, with the Nasdaq gaining ground while the Dow blue chips bowed to selling pressure.

The Australian dollar has dropped to a three-week low after the central bank surprised economists with an interest rate cut.

Australia's big four banks are facing mounting pressure to slash their interest rates after the central bank delivered its fifth cash rate cut in 12 months.

The Australian share market finished one per cent higher as investors piled into equities after the Reserve Bank of Australia cut the cash rate by a quarter of a percentage point.

Borrowers will be raising their glasses to the Reserve Bank of Australia after the central bank delivered its fifth interest rate cut in 12 months.

Business trading conditions have hit the weakest level in 14 years, prompting calls for 50 basis points worth of interest rate cuts before Christmas.

The Australian share market has opened higher after gains on overseas markets.

US stocks opened the fourth quarter on Monday with a solid jump propelled by an unexpected positive reading on manufacturing sector activity in September.

The Australian dollar is higher, on improved sentiment, and ahead of a meeting of the Reserve Bank of Australia board next week.

Western Australia’s biggest local stockbroker Patersons Securities has felt the chill winds from the tough equity markets, recording a loss of more than $5.1 million after revenue slumped 28 per ce

Australian shares closed down for the week and had a almost flat day, with investors cautious after the Spanish government unveiled budget plans to slash its deficit.

ANZ has been fined $US350,000 ($A336,619) by commodity regulators in the United States over its handling of wheat and cotton futures contracts.

Homeowners can bank on at least one interest rate cut by the end of the year, and it's possible it could come on Tuesday.

The Australian share market has opened lower.

US stock markets scored solid gains on Thursday amid speculation of additional stimulus measures from China and after Spain announced a 2013 austerity budget.

The Australian dollar has risen by more than half a US cent after the Chinese central bank made its biggest weekly cash injection into money markets.

Australian shares have closed higher, after an announcement of an economic stimulus program by the Chinese central bank boosted local market confidence.

Australia's banknotes are set for a high-tech upgrade but the Queen's place on the $5 bill is safe.

Australian stocks have opened weaker for the fourth successive day as concerns that Spain could seek a bail-out hit resource equities.

The Australian dollar has bounced back after falling to its lowest level in more than two weeks on renewed concerns about the euro zone sovereign debt crisis.

US stocks have sunk following the lead of Asian and European markets amid a rise in turmoil in the eurozone.

The Australian dollar has fallen below 104 US cents on the back of weak regional stock markets and a lack of positive economic news. 

Australian stocks have closed lower as worries about global growth and skepticism about the latest efforts to revive the US economy succeeding prompted local investors to seek refuge away from the

Australian stocks have opened lower after falls on Wall Street and losses for the mining giants.

A Federal Reserve official's doubts about the impact of the QE3 stimulus pulled the rug from under US stock markets Tuesday, sending them lower after strong early gains.

Australian shares closed lower, dragged down by resources stocks, with investors responding to commodity price falls and Europe worries.