Financial Services

Prime Minister Tony Abbott has described it as a "conversation starter" but some issues in the government's tax discussion paper, released today, are already proving debate stoppers.

A steep fall in iron ore prices has dragged the resource-heavy Australian share market lower.

A slide in iron ore prices has whacked the Australian dollar back below 78 US cents.

The share market has clawed back some of the ground lost in Thursday's heavy fall as bargain hunters moved in.

The Australian share market is marginally firmer as a Saudi-led bombing campaign in Yemen boosts oil stocks.

Wall Street stocks have ended lower in volatile trade spurred by the Yemen crisis.

A batch of upbeat US data has whacked the Australian dollar back down toward 78 US cents following a short-lived rally overnight.

Doray Minerals will seek to raise a smaller-than-expected amount of capital for its second gold project following yesterday’s announcement the state would leave royalty payments unchanged.

The share market has suffered its largest one-day fall in more than three months as investors turned cautious.

The Australian share market is lower with the banking sector suffering, after heavy losses on Wall Street.

US stocks have fallen sharply, with the Nasdaq suffering the deepest declines on worries that technology and biotech equities have become overvalued.

The Australian dollar has drifted lower despite weaker economic data out of the US overnight.

Perth-based financial services firm Kikka Capital has partnered with a US financial technology firm to launch an Australian-first online lending platform aimed at small to medium-sized businesses,

The Australian share market has finished flat as lacklustre trade failed to spark momentum.

The Australian share market is in the green as strength in the yield trade pushes the financial sector higher.

Better economic figures out of the US have failed to deter the Australian dollar, which rallied to a two-month high overnight.

Wall Street stocks have finished lower after positive economic data lifted speculation the US Federal Reserve could move more quickly to raise interest rates.

The Australian share market has edged higher, but investors are still waiting for a catalyst to drive it through the 6,000-points mark.

The Australian market has started the session on a positive note, led by gains in the resources space.

More hints from the US central bank of a late interest rate hike have weighed on the US dollar and given the Australian currency a boost.

US stocks have finished somewhat lower after a quiet day of trade with the Nasdaq lagging the other two indices following last week's surge.

The Australian share market got to within five points of the 6,000 points mark on Monday but then fizzled out, with no major corporate or economic news to maintain momentum.

The Australian share market has opened higher as the bourse flirts with breaking the 6,000 point landmark for the first time in seven years.

The Australian dollar is one US cent firmer after a voting member of the US Federal Reserve argued that American interest rates should stay near zero for quite a bit longer.

The Australian share market has closed higher, edging towards the 6000 point level, not seen since early 2008.

The Australian share market has edged slightly lower as fresh falls in oil prices dragged on the energy and materials sectors.

The Australian dollar is one US cent weaker as traders pile back into the greenback.

The Dow and S&P 500 have given back some of their gains from the prior session, while the Nasdaq edged up closer to 5,000.

The share market has enjoyed its best day since Christmas as it rode a growing wave of expectation of a Reserve Bank rate cut.

The share market has opened higher on growing expectations of a Reserve Bank interest rate cut.

Wall Street stocks have surged after the Federal Reserve trimmed its US economic forecast and signalled a cautious approach to raising interest rates.

The Australian dollar has surged by two-and-a-half US cents after the US Federal Reserve surprised financial markets with weaker American growth forecasts, before falling back.