Business News

IN THE NEWS

Oil Search latest oil downgrade, Fortescue jumps
Friday, January 30, 2015
Oil Search has joined the long list of companies announcing impairments on the back of the oil price falls as Fortescue shares rose 9.3% yesterday on the back of strong December quarter numbers. Europe/US market closes...and more.
Fed to remain patient, Vocation boss steps down
Thursday, January 29, 2015
The US Fed has overnight restated a patient stance on rate increases, while leaving the door open for quicker action if required. Vocation managing director Mark Hutchinson will leave the company and Facebook has announced a bumper profit. US/Europe market closes...and more.
IR changes to go to election, Qantas still on watch
Wednesday, January 28, 2015
Treasurer Joe Hockey said yesterday that any proposed changes to workplace relations law would be put to the electorate and Qantas announced pricing changes but they were not enough to keep the ACCC happy. Europe/US market closes...and more.
Meriton could get $15 billion, ANZ hybrid's record rate
Tuesday, January 27, 2015
Harry Triguboff is optimistic a sale of his apartment business could net up to $15 billion and ANZ is getting ready to launch one of the first hybrids of the year. US/Europe market closes...and more.
Europe gets QE boost, first dope company lists on ASX
Friday, January 23, 2015
Mario Draghi has unveiled a better-than-expected quantitative easing program for Europe, Australia's first medical marijuana company lists, commodity price falls, US/Europe market closes...and more.
ECB wants whopper QE, BHP cuts back in US
Thursday, January 22, 2015
The ECB will debate a 50 billion euro QE program tonight, BHP has cut back it's shale oil and gas production in the US, private health insurance premiums to rise by 7%, US/Europe market close...and more.

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INSIDE MARKETS

Sixth straight day of gains for market
Thursday, January 29, 2015
The share market has firmed as Commonwealth Bank hit yet another record price.
Banks lead share market up
By AAP A late afternoon rally among the big four banks has lifted the Australian share market out of the red. The market was down during...read more >

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