Financial Services

The Australian share market has fallen sharply as investors fretted about falling oil prices and speculation that financially-embattled Greece would quit the eurozone.

Two Melbourne men have been charged over an alleged $110 million fraud involving fake home loan applications.

Australian stocks have tumbled lower following an overnight rout of commodities and heavy falls on markets in Europe and the US.

US stocks have tanked on worries about the eurozone and low oil prices as the euro hit a nine-year low against the US dollar and US crude slid below $US50 a barrel.

The Australian dollar is hovering below 81 US cents, having staged a recovery after reaching five-and-a-half year lows.

The Australian share market has started the first full week of trading in the new year by finishing marginally higher.

Former Bankwest managing director Jon Sutton has been appointed Bank of Queensland’s new chief executive, following the departure of Stuart Grimshaw in September last year.

Australian stocks are higher amid mixed leads from overseas markets.

Wall Street stocks have finished the first trading day of the new year little-changed following lacklustre US economic data and with many market participants still on holiday.

The Australian dollar has dropped to its lowest level in almost five years.

Downward pressure on prices for oil and iron ore have helped pull back the Australian share market after four days of gains.

Perth-based gold miner Millennium Minerals has negotiated $5 million in additional debt funding from its major shareholder IMC Group but the deal is dependent on Millennium's current bankers agreeing to reschedule debt repayments due at the end of this month.

The Australian share market was lower in early trade despite gains in overseas markets overnight.

The S&P 500 stock index has risen to fresh records, another positive day for global equity markets still cheered by last week's US Federal Reserve meeting.

The Australian dollar is lower, following falls in commodity prices and as the US dollar continues to gain strength.

A rebound in commodity prices has helped push the Australian share market nearly two per cent higher.

The Australian stockmarket has opened higher, boosted by gains in commodity prices.

US stocks went from famine to feast this week, starting out fearful of crashing oil prices and finishing it with a "Santa Claus rally".

The Australian dollar is lower amid expectations that the US Federal Reserve will increase its interest rate sooner that most people are expecting.

A "Santa Claus rally" has driven the share market to its strongest session in almost 18 months.

The Australian stockmarket has opened sharply higher, following a rally on Wall Street.

The Australian dollar has followed metal prices and Wall Street higher, bouncing from the record lows it reached after the US Federal Reserve meeting.

US stocks have surged for the second day in a row following Wednesday's Federal Reserve meeting as investors brushed aside concerns over another drop in oil prices.

ANZ chairman David Gonski insists the bank has a heart, but not the power to cancel debts owed by investors in failed agribusiness Timbercorp.

Mortgage broker AFG has reached a milestone with a loan book of $100 billion.

National Australia Bank chairman Michael Chaney launched a defence of coal-fired power as the lender, and rival ANZ, rejected calls to stop funding mining projects.

Energy and mining stocks have led the share market nearly one per cent higher.

The Australian sharemarket is one per cent higher after an upbeat assessment of the American economy by the US central bank and a bounce in oil prices.

The Australian dollar has fallen to a new four-and-a-half-year low after the US central bank issued a more upbeat assessment of the US economy.

The Dow has jumped nearly 300 points after the US Federal Reserve made no changes to its monetary policy, saying it can remain "patient" before moving to raise interest rates.

The share market has closed higher for the first time in more than a week as the energy sector rebounded after recent heavy falls.

The Australian share market has opened higher.