Finance
Mortgage approvals drop as rates biteThe number of home loan approvals fell for the fourth straight month as 12-year high interest rates continue to bite, economists say. IAG restructures business and exits UKInsurance Australia Group Ltd <IAG.AX> will restructure its Australian and New Zealand business to deliver $130 million in savings a year, as it winds bank its operations in the United Kingdom, with the loss of 600 Australian jobs.
Australia c.bank says banks need to keep lending
33 minutes ago, source: REUTERS
Government rejects second pipeline plan
35 minutes ago, source: By Andrew Thorpe
G8 offers markets no quick fix
53 minutes ago, source: By Daniel Rook
$1.672 bill to close Newcrest hedgebook
1 hour and 46 minutes ago, source: By Ben Sharples
Ten to buy back 10% of its shares
1 hour and 46 minutes ago, source: By David McIntyre
IAG job cuts could spark industry slide
3 hours and 9 minutes ago, source: AAP
Downer wins over $800m in contracts
3 hours and 22 minutes ago, source: AAP
Bendigo continues growth after 150 years
3 hours and 22 minutes ago, source: AAP

More news by sectors

Energy latest news: 35 minutes ago
Materials latest news: 3 hours and 22 minutes ago
Industrials latest news: 11 hours and 0 minute ago
Cons. Disc. latest news: 1 hour and 46 minutes ago
Cons. Stap. latest news: 3 hours and 57 minutes ago
Health Care latest news: 3 hours and 22 minutes ago
Financials latest news: 9 hours and 31 minutes ago
Stock & fund quotes
Local
Australian market
5 hours and 11 minutes ago, source: REUTERS
Commodities
55 minutes ago, source: REUTERS
Loading...
Overseas
US market
14 hours and 38 minutes ago, source: REUTERS
Japanese market
9 hours and 16 minutes ago, source: REUTERS
UK market
54 minutes ago, source: REUTERS
Europe market
3 hours and 5 minutes ago, source: REUTERS
Loading...
Currency
AUD news
5 hours and 20 minutes ago, source: REUTERS
Global market
1 day and 5 hours ago, source: REUTERS
NZD market
6 hours and 5 minutes ago, source: REUTERS
Loading...

  • More
Search video:

Business news: most popular articles

 Australia consumer sentiment at 16-year low in July
 Aussie stocks end two-day fall; financials lead
 Loan approvals fall, rates rocketThe number of home loan approvals fell for the fourth straight month as 12-year high interest rates continue to bite, economists say.
 Home loans fall - RBA on trackThe biggest monthly fall in the number of home loans approvals in eight years suggests the RBA's bid to slow the economy and push inflation down is working.
 Downer wins over $800m in contractsDowner EDI Ltd has won over $800 million of contracts to build and maintain telecommunications infrastructure and provide services to the mining industry.
 Oil drops to $US136 amid concernsOil prices have taken nosedived by almost $US5 as falling global equities and resurgent concerns about an economic slowdown stoked fears about demand.
 Bendigo continues growth after 150 yearsAs Bendigo Bank celebrates 150 years since its emergence, it is again generating growth through its unique community franchise model.
 Analyst urges banks to raise ratesAustralia's top four banks could lose a combined $500 million if they don't again raise their standard variable home loan rates, says investment bank JP Morgan.
 US STOCKS-Market rises on banks, lower oil; Alcoa up lateJust 52,006 people took out a new mortgage in May as 12-year high interest rates continued to dampen the desire for home ownership.
 UPDATE 3-Gold rebounds on Iran missile test, off two-wk lowAccounting practice KPMG is offering 80 Christchurch staff one-off payments of up to $15,000 to stay with the firm.
Market Indices 9 July,2008
09/07/2008 21:44 Sydney, Australia.
Index Value Change
All Ordinaries 5089.4 +67.0
S&amp;P/ASX 200 5011.9 +79.0
View colour key
Also in this section:
Market Indices9 July,2008
09/07/2008 21:41 Sydney, Australia.
US Value Change
Dow Jones 11384.21 +0.0
NASDAQ 2294.44 +0.0
UK
FTSE 100? 5501.0 +60.5
Japan
Nikkei 225 13052.13 +19.03
Nikkei 300 262.52 +0.37
View colour key
$A Prices9 July,2008
09/07/2008 21:44 Sydney, Australia.
Currency Value Change
USD 0.9513 -0.20%
GBP 0.4824 -0.33%
EUR 0.6059 -0.39%
JPY 102.18 -0.21%
CAD 0.9664 -0.44%
View colour key

From the Financial Times

Concern at sharp rise in oil price
G8 warns of possible risks to the global economy and calls for concerted efforts to address the problem of underlying oil supply and demand pressures
Ho's sister launches lawsuit to halt SJM listing @FT.com
Winnie Ho, the estranged sister of Macao gaming tycoon Stanley Ho, has launched a last-minute lawsuit to thwart the $500m Hong Kong initial public...
MTN likely to extend merger talks @FT.com
A continuation of discussions between the telecoms group and rival Reliance Communications would open a brief window to resolve a feud that threatens...
Neptune recognises need to grow @FT.com
The new chief executive of Neptune Orient Lines, the shipping group seen as frontrunner to buy Germany's Hapag-Lloyd, has acknowledged his company...
Sinosteel builds its stake in Midwest to 49.8% @FT.com
Sinosteel, the Chinese state-owned steelmaker, effectively seized control of Australia's Midwest iron ore group yesterday.
Temasek appoints top European industrialist to board @FT.com
Singapore's Temasek has appointed one of Europe's pre-eminent industrialists to its board in a move that underscores the increasingly global mindset...
Western banks place faith in China's trust companies @FT.com
While Wall Street titans have long since acquired expensive stakes in China's top-tier lenders, a growing number of western banks are choosing...
Banks place faith in China's trust companies @FT.com
A number of foreign lenders have struck deals to take stakes in small trust and investment groups to access the country's growing financial services...
Neptune laments size limitations @FT.com
The new chief of the Singapore-based container shipping group stresses the importance of expansion and economies of scale as the company bids for...
UN move against Mugabe nears
The United Nations Security Council could impose sanctions against Robert Mugabe's regime in Zimbabwe by the end of the week, the US envoy to the...
3 looks to double its customer base @FT.com
UK mobile operator's chief seeks to increase number of subscribers to at least 6.8m by 2012 as well as double the size of the business
Temasek recruits European industrialist @FT.com
Board appointment by Singapore's investment agency highlights the increasingly global mindset of the world's leading sovereign wealth funds
Why obstacles to a deal on climate are mountainous
Tackling man-made climate change is much the most complex collective action problem in human history.
Forget the meltdown, worry about goo and asteroids
The best way of dealing with grave uncertainties, as with more banal disasters, is to buy options against them, writes John Kay
EU backs weekly release of oil data
The European Union agreed in principle to publish weekly oil stocks data in an attempt to inject more transparency into a market where prices regularly...
Ho's sister launches suit to halt SJM listing @FT.com
Winnie Ho, the estranged sister of Macao gaming tycoon Stanley Ho, launched a last-minute lawsuit to thwart the $500m Hong Kong initial public...
advertisement
Local forecast: help

From the front page

Dream cut shortJana Rawlinson pulls out of Beijing Olympics with toe injury
View the latest headlines

What's happening now

What is this?
article has been added 9 mins ago
Jul 9 2008 9:44PM
article has been added 27 mins ago
Jul 9 2008 9:26PM
article has been added 32 mins ago
Jul 9 2008 9:21PM
article has been added 32 mins ago
Jul 9 2008 9:21PM
article has been added 35 mins ago
Jul 9 2008 9:18PM
video has been added 38 mins ago