Financial Services

One day after the federal government’s minerals resource rent tax passed the Senate, mining giant Rio Tinto has disclosed that its total tax payments jumped 38 per cent to US$10.2 billion last fina

The Australian share market has opened lower on concerns over a slowdown in China and despite a positive lead from Wall Street.

US stocks have pushed higher on news that Apple plans a huge dividend and share buyback program and delivery giant UPS is buying European rival TNT.

Stockbroking firm Intersuisse has unveiled its new brand following the acquisition of Austock Securities, and it has opted for a name that won’t easily be forgotten.

The Australian dollar has climbed to a 10-day high in the absence of major economic data releases.

The Australian share market finished stronger, boosted by the resources sector with iron ore players Fortescue Metals Group and Atlas Iron the standouts. 

Boosting productivity growth is the only way for Australians to improve their living standards, the country's central bank chief says.

The Australian share market has opened slightly higher.

The Australian dollar is more than half a US cent higher, following last week's US equities rally.

A clear improvement in the Federal Reserve's economic outlook, and a solid outcome of the Fed's stress tests for major banks, gave the markets another strong two per cent-plus boost this week.

The Australian dollar was firmer after lifting back above 105 US cents in response to a positive session on US equity markets in offshore trading.

The Australian share market closed flat, having recouped losses earlier in the day.

The stream of economic reports since the central bank board met last week has hardly been inspiring.

Australian stocks have opened flat, despite a positive finish on Wall Street.

US stocks have increased as investors digest a batch of economic data that suggests the recovery is picking up steam.

The Australian dollar has fallen on the back of a strong US dollar and equity market.

Putting more information on business loans and financing into the public arena would help turn the spotlight on the struggles of small businesses, the coalition says.

The Australian share market closed lower after weaker metals prices weighed on mining stocks along with concerns about China's demand for commodities.

The Australian share market has opened slightly lower as resources stocks lost ground due to a fall in commodity prices.

The Australian dollar has lost 0.7 US cent, falling to a new seven-week low against a stronger US dollar.

Stocks have ended pretty much where they started on Wall Street, a day after the market had its biggest gain of the year.

The Australian dollar finished marginally weaker after a fall in late trade.

The Australian share market finished on a positive note after Wall Street closed at its highest level since the end of 2007.

The banking industry has admitted it is struggling to gain the public's trust in explaining why mortgage rates need to rise independently of the Reserve Bank.

THE ANZ’s top institutional banking executive in Australia believes Asian investors will increasingly provide the growth capital sought by local mining companies.

Consumer sentiment has fallen following the Reserve Bank of Australia's (RBA) decisions in February and March to keep the official interest rate on hold, a survey shows.

The Australian share market has opened more than one per cent higher, following on from Wall Street's strong gains after positive US retail figures.

Fortescue Metals Group's latest bond sale appears to be a sign that debt markets are bouncing back.

US stocks took off Tuesday and the Dow zoomed past the 13,000 mark driven by soaring bank shares, sparked by JPMorgan Chase's announcement of a huge share buyback and dividend hike.

The Australian dollar has risen from a six-week low, lifted by stronger regional equity markets and renewed trader interest.

Australian shares finished stronger as investors shrugged off a mixed US lead and lower prices for some commodities overnight.