Financial Services

Melbourne-based Partners Wealth Group has expanded its Western Australian presence by acquiring a 50 per cent interest in Mandurah-based Merideon Wealth Strategies for an undisclosed amount.

Commonwealth Bank of Australia boss Ian Narev says says he is not worried by critics who "take pot shots" at the bank over its financial planning scandal.

The Australian share market has closed higher after disappointing Chinese inflation data fueled expectations more monetary easing was yet to come in the world's second largest economy.

The Australian share market has opened higher on stronger iron ore prices and a positive production report from the world's second largest miner.

US stocks have finished mixed following a round of mostly solid corporate earnings as the market shifted from a three-day slump.

The Australian dollar has dipped lower after weak data out of the US, UK and Europe re-ignited concerns about global economic growth.

The Australian share market has rebounded as a surge in iron ore prices boosted the miners and bargain hunters piled into other sectors.

Shares in smaller iron ore miners, led by Mount Gibson Iron, have shot up after a jump in the price of Australia's largest export.

The Australian dollar is still higher than it should be despite its recent decline, the Reserve Bank of Australia says.

Australian shares have opened weaker as a late tumble on Wall Street hit the big banks.

US stocks have finished sharply lower again as worries about global growth weighed on the market a day ahead of major company earnings releases.

The Australian dollar is higher after better-than-expected Chinese trade figures gave the currency a boost.

Housing finance for owner occupation fell 2 per cent in seasonally adjusted terms last month, according to the Australian Bureau of Statistics’ August figures.

The share market has suffered its fifth fall in six sessions, despite surprisingly positive data out of China.

New and established players in the management consulting sector are beefing up their practices, undeterred by the slowdown in project work in the mining industry.

Australian stocks continue to fall, starting the week nearly one per cent lower after posting the biggest decline in 15 months on Friday.

Wall Street stocks have suffered one of the worst weeks of 2014, with global growth fears overwhelming some positive economic news and pushing the Dow into negative territory for the year.

The Australian dollar has dropped below 87 US cents as global economic growth concerns weigh on risk appetite.

The successful ASX listing this week of Regis Healthcare has focused attention on the value of other players in the sector, with Western Australia’s largest being Aegis Aged Care Group.

The share market in its largest daily fall in 15 months, 2 per cent, because of renewed concerns about global economic growth.

The Australian sharemarket is headed for its biggest fall of the year as investors worry about weak global economic growth.

The Australian dollar is almost one US cent lower as concerns grow about slower global economic growth.

Wall Street stocks have tumbled, losing about two per cent in a broad sell-off, as weak economic data from Germany heightened concerns about poor overseas growth.

New data from the Office of the Registrar of Indigenous Corporations have provided clear evidence of the extent to which indigenous communities benefit from iron ore mining in the Pilbara.

The share market has achieved its largest daily rise in almost two months on signs of continued low interest rates in the United States.

The Australian share market has opened higher following overnight gains on Wall St where the US Federal Reserve hinted it would not raise interest rates.

National Australia Bank has flagged a slide in its full-year earnings of up to 14 per cent after taking a more than $1 billion hit to its books.

Wall Street stocks finished with large gains on Wednesday after traders viewed new Federal Reserve meeting minutes as a sign the US central bank will remain dovish on monetary policy.

The Australian dollar has hit a two-week high after the US Federal Reserve indicated that it is no rush to raise its interest rate.

ANZ's latest financial planner is a quiz-show champion with zero personality and no feelings.

The Australian share market has closed lower as almost all sectors fell on a weaker than expected global economic outlook.

The Commonwealth Bank of Australia has agreed to release $2.2 million into the hands of about 45,000 of its customers who had money left on expired CBA travel money cards.