Financial Services

The Australian dollar has recovered much of its losses suffered after plunging to near six-year lows following the Reserve Bank's decision to cut rates.

The Dow has gained more than 300 points as US stocks rallied on higher oil prices and greater optimism over a deal to renegotiate Greece's debt.

The share market hit its highest level since the GFC after the Reserve Bank cut interest rates to a new record low.

The Reserve Bank of Australia has cut the cash rate to a record low of 2.25 per cent in an effort to boost economic growth.

The Australian stock market is higher amid growing expectations the Reserve Bank of Australia will cut interest rates.

The Australian dollar has bounced ahead of Tuesday's highly anticipated interest rate decision, following weaker-than-expected data out of the US.

Wall Street stocks have finished a choppy day with strong gains led by petroleum-linked equities as oil prices rose again.

The Australian share market has closed higher for an eighth session in a row as a lift in the price of oil boosted the energy sector, and investors speculated on a cut in the official interest rate on Tuesday.

New Westpac boss Brian Hartzer has stamped his authority in his first day as chief executive, in a shake-up that puts the potential Achilles heel of technology front and centre.

The Reserve Bank of Australia will want to keep its powder dry in case Australia's challenges build even further.

The share market has opened higher extending its winning run into an eighth day amid expectations of an interest rate cut.

The Australian dollar is struggling near five-and-a-half-year lows amid growing expectations that the Reserve Bank will cut interest rates this week.

The share market has achieved a seventh straight day of gains as the Australian dollar falls ahead of a potential rate cut by the Reserve Bank.

Commonwealth Bank of Australia's shares have hit a record of $90 as expectations build for a Reserve Bank of Australia rate cut next week.

Strong leads from Wall Street and increasing prospects of an interest rate cut in Australia have driven the local share market higher.

US stocks have pushed higher, rallying after two down days on generally solid corporate earnings and a gain in oil prices.

The Australian dollar has hit a new five and a half year low, weighed down by growing interest rate cut expectations and a surging US dollar.

The share market has achieved a sixth straight day of gains as expectations of an interest rate cut grow.

Doray Minerals has refinanced a $55 million debt facility with Westpac to help fund development of its Andy Well stage 2 gold project in the Murchison region of Western Australia.

The Australian share market is lower due to struggling commodity prices and weak leads from US and European equity markets.

Wall Street stocks have finished a volatile session sharply lower as worries about the strong US dollar and falling oil prices outweighed some positive earnings reports.

The Australian dollar has backed away from the highs it reached on Wednesday, weighed down by falling iron ore and oil prices.

A late afternoon rally among the big four banks has lifted the Australian share market out of the red.

Sharp falls in oil prices have dragged inflation to near three-year lows, but borrowers shouldn't expect a rate cut from the Reserve Bank of Australia just yet, economists say.

The Australian share market has opened lower following a weak lead from United States markets and concerns about global growth.

Wall Street stocks have finished sharply lower following a disappointing stream of corporate earnings and mixed US economic data.

The Australian dollar is slightly lower as a negative market mood puts a brake on any gains the currency is trying to make.

The share market has gained ground despite another fall in iron ore prices denting the resources sector.

Calls are mounting for a rate cut by the Reserve Bank of Australia after new figures showed business conditions were wasting away, with little to no momentum building in the economy.

The share market is flat as investors shrug off an anti-austerity party's election victory in Greece.

A massive snowstorm descending on New York dulled Wall Street trade, but stocks ended a bit higher, helped by some positive quarterly earnings reports.

The Australian dollar has fallen to a new five and a half year low, after an anti-austerity party won the Greek election and falls in metals prices.