Mon, May 21, 2012, 6:43 PM AEST - Australia Markets closed

Financial News from Yahoo!7 Finance

  • Shares tumble on Greece concerns Yahoo!7 Finance - Wed, May 16, 2012 4:45 PM AEST

    Australian stocks have closed at a two-month low, after one of the worst trading days of the year.

  • Crunch time for Australian Dollar as ‘safe haven’ status tested Yahoo!7 Finance - Wed, May 16, 2012 10:05 AM AEST

    The Australian dollar continues to fall against the Greenback after talks between Greece’s political parties failed, meaning the country is headed for fresh elections next month.

  • Cheque users likely to face fees Yahoo!7 Finance - Wed, May 16, 2012 9:41 AM AEST

    The Australian Payments Clearing Association has said there’s no need to phase out cheques despite their popularity dropping but it’s likely the users will have to fork out charges to use them.

  • Where to now for the Aussie Dollar? Yahoo!7 Finance - Tue, May 15, 2012 11:34 AM AEST

    It’s official. The Australian dollar has fallen back below parity with the US Greenback as renewed fears about Greece’s exit from the euro zone weigh heavily on global markets.

  • CEOs say no to women in senior positions Yahoo!7 Finance - Tue, May 15, 2012 9:53 AM AEST

    Women are not being given a fair go by Australia’s chief executives to move into leadership positions, a new study has found.

  • Aussie Dollar dips below parity Yahoo!7 Finance - Mon, May 14, 2012 4:20 PM AEST

    The Australia dollar could be headed below parity for the first time in 2012 as renewed concerns about Europe and more signs that China’s growth is slowing weigh down our currency.

  • Budget 2012: And the winner is? Yahoo!7 Finance - Tue, May 8, 2012 10:54 PM AEST

    Swan’s fifth Budget has the benefits from the mining boom being directed straight into the hip pockets of the average Australian family.

  • Federal Budget: What's in it for you Yahoo!7 Finance - Tue, May 8, 2012 10:49 PM AEST

    Here's what the spending cuts, payment increases and superannuation changes could mean for you and your family.

  • Federal Budget 2012: The big losers Yahoo!7 Finance - Tue, May 8, 2012 10:01 PM AEST

    Have a look at the biggest losers of Wayne Swan's fifth Federal Budget.

  • Inside scoop: David Koch's Budget wrap-up Yahoo!7 Finance - Tue, May 8, 2012 7:56 PM AEST

    David Koch goes into the lockout to get us the big takeaways from the Federal Budget 2012.

  • Swan hands down fifth Budget Yahoo!7 Finance - Tue, May 8, 2012 7:42 PM AEST

    Wayne Swan has taken to the floor of Parliament to deliver the Federal Budget. He said the Budget finances bold new policies to help Aussies with a disability, the aged and those who can’t afford dental care.

  • Don’t expect any surprises from the ‘fair go’ Budget Yahoo!7 Finance - Mon, May 7, 2012 6:31 PM AEST

    Treasurer Wayne Swan’s fifth budget is unlikely to hold any major surprises, with much of the detail already released in pre-announcements or “leaked” to well-placed sources.

  • Banks can afford to pass on rate cuts Yahoo!7 Finance - Wed, May 2, 2012 10:26 AM AEST

    The interest rate landscape has changed. The days when the Reserve Bank of Australia (RBA) set a rate level and the commercial banks dutifully followed are over.

  • Australia 2nd most desired job destination Yahoo!7 Finance - Thu, Apr 19, 2012 8:54 AM AEST

    Foreign workers view looking for overseas experience and an attractive lifestyle view Australia as the 2nd most attractive location for work.

  • Expert test Yahoo!7 Finance - Mon, Apr 16, 2012 2:54 PM AEST

    expert test

  • $1 billion worth of “dirty money” for coal power stations Yahoo!7 Finance - Sun, Apr 1, 2012 2:58 PM AEST

    Alternatives to coal-fired power stations have blasted the Federal Government’s announcement of $1 billion worth of cash handouts to the high-emitting sector.

  • Concerns over China spying through NBN contractor Yahoo!7 Finance - Mon, Mar 26, 2012 10:42 AM AEDT

    A large Chinese telecommunications company has been blocked from tendering for NBN contracts due to concerns of cyber attacks.

  • No pay tomorrow due to leap year miscalculation Yahoo!7 Finance - Tue, Feb 28, 2012 11:06 AM AEDT

    Because a Pope couldn’t quite get the Gregorian calendar system right 400 years ago you will not be paid for working on 29th February.

  • It’s been a busy couple of weeks for our big banks Yahoo!7 Finance - Fri, Feb 17, 2012 1:27 PM AEDT

    There has been the lifting of interest rates out of line with RBA movements, threats of job cuts and then record profit announcements.

  • Rinehart prepares for media industry with stirring poem Yahoo!7 Finance - Wed, Feb 15, 2012 11:46 AM AEDT

    Gina Rinehart, billionaire mine owner, has penned a poem that attacks politicians and declares that a brighter future for Australia and the world’s poor is linked to ‘resources buried deep within the earth’.

  • Japanese banks offering cheap home loans could enter Australian market Yahoo!7 Finance - Mon, Jan 23, 2012 10:29 AM AEDT

    Japanese banks have the potential to enter the Australian home loan market by undercutting local lenders which fail to pass on rate cuts. Australian banks have been hinting that any further rate cut from ...

  • Petrol pain as prices soar Yahoo!7 Finance - Tue, Jan 10, 2012 10:58 AM AEDT

    The price of petrol is likely to climb to almost $1.60 a litre within weeks as instability in the oil-rich Middle East puts pressure on global reserves and supply chains. In some states fuel is tipped ...

  • Cabbie wages ‘un-fare’, report finds Yahoo!7 Finance - Thu, Dec 29, 2011 10:42 AM AEDT

    By ABC Online Taxi drivers in New South Wales are earning as little as $7.50 on some shifts, a new report has found. That is less than half the national minimum wage of $15.50 an hour. The figures are ...

  • Coopers named world’s best family business Yahoo!7 Finance - Thu, Dec 22, 2011 4:17 PM AEDT

    Adelaide-based brewer Coopers has been named the world's top family business for 2011 in a poll by a UK magazine. London-based magazine CampdenFB, which focuses on high-value family-owned businesses, ...

  • Aus unemployment rate set to soar Yahoo!7 Finance - Thu, Dec 22, 2011 11:00 AM AEDT

    Financial experts claim that up to 100,000 Australian jobs could be cut in the months following Christmas. Westpac chief economist Bill Evans maintains that lead indicators point to a very weak employment ...

  • CBA meltdown leaves customers furious Yahoo!7 Finance - Thu, Dec 15, 2011 9:36 AM AEDT

    Thousands of Commonwealth Bank customers were unable to access their funds on Wednesday after major problems with the bank's ATMs and online system. While all systems were restored at 10:30pm last ...

  • China’s Hottest Condom Brand Faces One Big Obstacle To Going Global Yahoo!7 Finance - Wed, Dec 14, 2011 2:04 PM AEDT

    More From BI: Here's How Italy's New Government Plans To Fix The Country Here Are 5 Things You Didn't Know About Lies And Liars 10 Retail CEOs Who Are Adored By Their Employees A lot of the ...

  • Why it’s so expensive in Australia Yahoo!7 Finance - Wed, Dec 14, 2011 10:46 AM AEDT

    In a short space of time, Australia has managed to become one of the most expensive countries in the world. Buying a house or going shopping in our cities is now much less affordable than in such international ...

  • Hey, you! Mean people earn more, study finds Yahoo!7 Finance - Tue, Dec 13, 2011 10:40 AM AEDT

    By WSJ.com It may not pay to be nice in the workplace. A new U.S. study has found that agreeable workers earn significantly lower incomes than less agreeable ones. The gap is especially wide for men. (More ...

  • Aus bosses taking undeserved bonuses Yahoo!7 Finance - Mon, Dec 12, 2011 1:10 PM AEDT

    Some Australian companies are allowing executives to collect performance related payments before prearranged time periods have been reached reports Fairfax. Executive bonuses often take the form of incentive ...

  • ANZ to ignore RBA rate decision Yahoo!7 Finance - Fri, Dec 9, 2011 9:49 AM AEDT

    ANZ has announced that it will review interest rates each month and will make a decision independent of the Reserve Bank of Australia. It said it will review interest rates on the second Friday of each ...

  • ANZ passes on full interest rate cut Yahoo!7 Finance - Thu, Dec 8, 2011 2:53 PM AEDT

    ANZ is the first of the big four banks to announce it will cut its standard variable mortgage rates after the Reserve Bank of Australia cut the official cash rate earlier this week. The bank will pass ...

  • Beer boss’s $5.2 million golden handshake Yahoo!7 Finance - Thu, Dec 8, 2011 12:26 PM AEDT

    Foster's chief John Pollaers has quit the post he held for only 8  months, leaving the beer giant with a $5.2 million golden handshake. Mr Pollaers short tenure came to a swift end yesterday as control ...

  • Beer boss’s $5.2 million golden handshake Yahoo!7 Finance - Thu, Dec 8, 2011 11:46 AM AEDT

    Foster's chief John Pollaers has quit the post he held for only 8 months, leaving the beer giant with a $5.2 million golden handshake. Mr Pollaers short tenure came to a swift end yesterday as control ...

  • Beer boss’s $5.2 million golden handshake Yahoo!7 Finance - Thu, Dec 8, 2011 10:40 AM AEDT

    Foster's chief John Pollaers has quit the post he held for only 8 months, leaving the beer giant with a $5.2 million golden handshake. Mr Pollaers short tenure came to a swift end yesterday as control ...

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