Price rises hurt homebuyer confidence
THE Genworth Homebuyer report shows that more people are becoming less confident about buying a home, as soaring home prices take their toll.
Breaking News
Kiwi falls with weaker commodity prices
WHEN commodity prices are lower, the kiwi and Aussie suffer, says HiFX’s senior FX dealer Grant Bodle.
Arrium to open Whyalla port to outsiders
STRUGGLING steel and mining group Arrium is working with the SA government to provide third-party access to unused capacity at Whyalla port.
Housing prices rose 0.8% in September
HOUSING prices in the 5 mainland state capitals rose an estimated 0.8 per cent in September, according to preliminary figures from CoreLogic RP Data.
Stocks to watch on Tuesday
STOCKS of interest on the Australian Securities Exchange on Tuesday
Lots of gain, but some pain in housing
CORELOGIC RP Data’s Pain and Gain report shows most, but not all, home sales in the June quarter more than recouped their purchase price.
Less poverty to help fight climate change
INDIA vows to continue to champion poor countries in the arguement for climate change action, saying poverty is a key source of global pollution
Consumer confidence falls
THE ANZ/Roy Morgan weekly consumer confidence index has partly reversed the gains made after Malcolm Turnbull became prime minister.
Shareholders back Oceanagold, Romarco deal
THE majority of shareholders of both companies have approved the takeover of Romarco by Oceanagold.
Empty tables, deserted streets for pope’s
PHILADELPHIA’S businesses didn’t get the economic boon from the Pope Francis’ visit they’d hoped for.
CIMIC secures $300 mln APLNG contract
CONSTRUCTION giant CIMIC will deliver 200 gas wells a year under a two-year contract, with an additional two-year option.
Comcast buying majority stake in Universal
US cable operator Comcast is buying a 51 per cent state in theme park operator Universal Studios’ Osaka-based Japanese arm in a $US1.5 billion deal.
Renault takes step toward Lotus stake
FRENCH car maker Renault looks set to return to Formula One sayng it has signed a letter of intent to take a controlling interest in Lotus F1 Team.
US drilling states guided on fracking
A GROUP of seismologies, academics and industry experts release a report recommending how US state regulators deal with fracking-induced earthquakes.
US probes BMW over Mini side crash tests
US safety regulators are investigating BMW over possible slowness or failure to fix faults found in crash tests on its Mini brands.
EPA rules will strengthen pesticide safety
NEW US’ EPA regulations aimed at protecting farmworkers from toxic pesticides ban under-18yr-olds from handling them and require buffer zones.
LME metals fall, except tin
ALL LME metals bar tin have closed lower, with copper and aluminium falling to one-month lows and zinc finds a five-year low amid demand concerns.
US consumer spending up 0.4 % in August
US consumer spending up a solid 0.4 per cent in August, the Commerce Department says.
Shell halts controversial oil exploration
ROYAL Dutch Shell has stopped Arctic oil and gas exploration off the coast of Alaska after “disappointing” results from a key well in the Chukchi Sea.
New activity looms for Erin Resources
THE shift by gold explorer Erin Resources into cannabis-based cosmetics is gaining momentum.
M2, Vocus eye growth with merger plan
TELCOS Vocus Communications and dodo owner M2 Group have announced a merger that would create a company worth more than $3 billion.
Metcash to unveil turn around plan
IGA supermarkets supplier Metcash will unveil its turn around plan during an investor day on Tuesday.
Stocks to watch on Monday
STOCKS of interest on the Australian Securities Exchange on Monday
Xero leads NZ sharemarket higher
XERO shares have closed nearly four per cent higher, as it implements price increases in the New Zealand market.
Newcrest bumps up CEO pay to $5.7m
FACING a second strike from shareholders over executive pay, Newcrest has lifted its CEO’s remuneration package to $5.7 million.
Kiwi tipped to keep rising against Aussie
THE kiwi dollar’s downside momentum against the Aussie dollar has gone because of interest rate expectations for both countries.
Atlassian snubs Aust for US listing
AUSTRALIAN tech success Atlassian is expected to go public on the US share market following reports that it’s filed for an IPO.
Richard Rainwater dies
BILLIONAIRE philanthropist-investor Richard Rainwater, the son of a grocer who went on to amass a fortune as an investment manager, has died aged 71.
Brazil pledges 37% emissions cut by 2025
BRAZIL intends to reduce its greenhouse gas emissions by 37 per cent by 2025, President Dilma Rousseff has told the UN.
Auction clearance rates have risen
AUSTRALIA’S housing auction clearance rate has risen despite a jump in the number of homes going under the hammer.
Original URL: https://www.news.com.au/finance/business/breaking-news/page/195