Financial Services

The Australian sharemarket is lower, pulled back by the banks, especially market heavyweight Commonwealth Bank, which has gone ex-dividend.

The Australian dollar is lower after Greece rejected the initial offer in its bailout negotiations with European officials.

QBE Insurance Group has entered into an agreement to sell its Australian and New Zealand agency businesses to insurance broker Steadfast Group in late March.

Yield hunters are ignoring warning signs from the ‘real' economy, pushing share prices for some major stocks higher.

The Australian share market has overcome a poor start to finish slightly higher, led by the major banks and the resources sector.

Personal loan provider and pawn broker Cash Converters International issued $23 million in loans in December, a new record, as its online business continued to grow.

Bendigo and Adelaide Bank boss Mike Hirst is warning homeowners there is a limit to how far interest rates can fall.

The Australian share market has opened flat.

The Australian dollar is lower, weighed down by expectations that the Reserve Bank will cut the cash rate for a second time in 2015 in the coming months.

When the Reserve Bank of Australia repeatedly throughout 2014 flagged a "period of stability" for interest rates, you could have been forgiven for thinking it was signalling a period of stability for interest rates.

The share market has rallied to a six-year high due to Rio Tinto's massive shareholder returns, rising oil prices and optimism from a ceasefire agreement in Ukraine.

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.