Financial Services

Western Australia’s listed money managers had a strong 12 months to June 2014, but face a challenge to repeat that performance in 2015.

Balamara Resources has announced plans to delist from the Australian Securities Exchange after citing the high cost of maintaining its listing and an inability to raise new capital.

Reserve Bank of Australia governor Glenn Stevens has warned that interest rate cuts may not have the same impact on growth as in the past.

The share market has opened higher as investors welcomed Rio Tinto's profit growth and massive return to investors.

US stocks have posted solid gains, rallying on news of a ceasefire in Ukraine as strong earnings from Cisco lifted the technology sector.

The Australian dollar has rebounded, gaining more than one US cent overnight following the release of disappointing US retail sales and jobs figures.

The highest unemployment rate in more than 12 years has dented the share market, with concerns about a slowing economy hitting the banks.

The Australian share market has opened higher.

Wall Street stocks have finished little changed as investors eyed key Brussels talks on Greece's demands to renegotiate its international bailout as the risk of a debt default looms.

The Australian dollar is under pressure as investors await the outcome of an emergency eurozone meeting to discuss the future of debt-stricken Greece.

The Australian sharemarket has finished weaker because of disappointing company results and continued commodity price weakness.

The sharemarket is slightly higher after Australia's largest company the Commonwealth Bank announced a huge first half profit.

The Commonwealth Bank of Australia has unveiled a record $4.62 billion half-year profit, but warned weak consumer and business confidence levels are threatening the economy and has placed the problem squarely at the federal government's feet.

Wall Street stocks have rallied, with tech giant Apple hitting an all-time high and investors applauding encouraging earnings from Coca-Cola and other upbeat company news.

The Australian dollar has slipped back below 78 US cents as the US dollar regains its strength.

Concerns about a Greek debt default and gloomy local economic sentiment have weakened the Australian share market.

The share market has opened lower amid fears of a Greek debt default.

Wall Street stocks have followed followed European equity markets lower, dropping on growing fears of a Greek default and exit from the eurozone.

The Australian dollar has rebounded back above 78 US cents as the greenback lost its edge overnight.

The share market's stellar run has come to an end as a sharp drop in Chinese imports caused weakness in the mining sector.

Commonwealth Bank of Australia's profit is expected to have hit a record of at least $4.5 billion in the first half of the financial year, as it rides the wave of a booming housing market.

The Australian sharemarket is trading lower and could be on its way to ending 12 straight sessions of gains, as investors react to sluggish Chinese trade figures and take profits.

The Australian dollar has drifted lower following better-than-expected US jobs figures and Chinese trade numbers.

The number of super funds in WA may be in decline, but those that have stayed have grown substantially.

The share market has notched up its longest ever rally, with a 12th straight day of gains coming on strength in the mining and energy sector.

The Reserve Bank of Australia has cut its forecasts for economic growth as a pick-up in non-mining investment takes longer than earlier expected.

The share market has opened in positive territory for a record 12th straight day, on a strong lead from Wall Street as a rise in oil prices.

The Dow has finished more than 200 points higher on surging oil prices and merger activity on the eve of the closely watched US jobs report.

The Australian dollar has bounced back above 78 US cents as rising oil prices give risk appetite a boost.

The share market has achieved its longest winning streak in more than 11 years, with the financial sector driving its latest day of gains.

National Australia Bank has cut interest rates for home owners after unveiling a $1.65 billion first-quarter profit.

Australia’s latest political crisis, the potential dumping next week of the prime minister, Tony Abbott, is masking a far greater threat to the country – a fresh outbreak of the GFC caused by the dramatic build-up of private and public debt.