Financial Services

From Saturday, November 8:

The Australian dollar has surged more than one US cent higher on the back of disappointing US employment data.

The Australian share market has closed higher despite two of the major banks going ex-dividend.

Soft economic conditions have resulted in P&N Bank taking a significant hit to its earnings with the credit society reporting a 30 per cent fall in profit.

Jobseekers looking for encouraging news in the Reserve Bank of Australia's latest assessment of the economy will be disappointed.

The Australian share market has opened slightly higher on positive leads from Wall Street but it's under pressure as two major banks go ex-dividend.

The Dow and S&P 500 has closed at new record highs for the second day in a row as US investors look ahead to Friday's jobs report.

The Australian dollar is lower amid further worries about weak economic growth in Europe.

The Health Insurance Fund of Australia has broken through the $100 million revenue mark for the first time, reporting income of $106 million from premiums.

The Australian share market has closed lower after weaker than expected unemployment figures wiped out earlier gains.

The Australian share market has opened higher after US markets hit new highs.

The Dow and S&P 500 have both closed at fresh records after the Republicans took power in both US Houses of Congress and lifted hopes for pro-business policies.

The Australian dollar has fallen to a four-year low after the Republican win in the US midterm elections and as metal prices continue to slide.

Australian shares are slightly lower as investor caution weighs on some of the nation's biggest stocks.

The Australian share market is lower as a large fall in commodity prices overnight weighs on the market.

Commonwealth Bank of Australia has delivered a surprisingly strong $2.3 billion quarterly profit, putting paid to suggestions its best days are over.

Wall Street stocks have finished mostly lower following lacklustre US economic data and some disappointing earnings reports.

The Australian dollar is higher following the Reserve Bank's steady-as-she-goes statement after its monthly board meeting.

The share market has closed slightly higher as poor trade figures and an upward revision to recent unemployment figures muted the response to strong growth in retail spending.

Interest rates are unlikely to move any time soon with the Reserve Bank of Australia still concerned about the high Australian dollar.

The Australian share market is slightly higher following soft leads from overseas markets and as the nation prepares to mark Melbourne Cup day.

The Australian dollar has fallen to an almost three-week low after the release of weak local building approvals figures and Chinese manufacturing data.

US stocks have finished little changed following mixed economic data as markets paused after last week's records.

Australia's big four banks have made a record total profit of $28.6 billion as property prices continued to surge.

The share market has closed weaker as softer commodity prices hit the big miners and Woolworths delivered disappointing sales growth.

The share market is flat after Westpac's cash profit rise and supermarket giant Woolworths's sales figures failed to excite investors.

Westpac Bank has beaten expectations by lifting its full year cash profit by eight per cent to $7.63 billion.

The Australian dollar has fallen to a one-week low as worries about economic growth in China and Japan escalate.

US equities have powered to fresh records after the Bank of Japan's surprise stimulus ignited a rally on global stock exchanges.

The share market has closed higher as the big miners rebounded from recent falls and ANZ's record profit helped the banks.

Mortgage broking wholesaler Australian Finance Group is set for a record run into Christmas, with expectations its new loan applications will soar beyond $5 billion as early as this month.

Wealth manager Macquarie Group's profit has surged by 35 per cent on the back of strong demand for fixed-income investments and a weakening Australian dollar.