Business
Rate cut 'might' benefit
The Reserve Bank governor Glenn Stevens says the current level of interest rates is not the main thing holding the economy back, but there "might be" a benefit from lowering them further.
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Market closes on a highThe Australian share market ends at its highest level in seven years following a late afternoon rally.
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Softly, softly approachAPRA says its new 10 per cent limit on annual growth in property investor loans is a trigger, not a cap.
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Australia 'set to join China bank'Australian membership of a major Asian development fund reportedly clears a significant hurdle.
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Radio Rentals reaps $90 millionCentrelink payments made up almost half the revenue of white goods leasing company Radio Rentals last year.
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Changing gold fortunesIt has been years since Australian gold miners have had the odds in their favour, but their fortunes are changing.
- Calls for land access agreements between cattle producers and miners
- Vanuatu makes plans to revive tourism industry after Cyclone Pam
- Vanuatu aid workers call for patience amid Pam recovery effort
- Indonesian officials given green light to pursue trade deals
- ACCC concerned Queensland power prices will rise under Labor's merger plan
ASX Quotes
| Index | Closing |
|---|---|
| ASX All Ordinaries | 5912.50 |
| S&P;/ASX 200 | 5950.80 |
| S&P;/ASX 200 Consumer Discretionary | 1950.00 |
| S&P;/ASX 200 Energy | 11175.70 |
| S&P;/ASX 200 Financials | 7148.20 |
| S&P;/ASX 200 Health Care | 19616.70 |
| S&P;/ASX 200 Information Technology | 843.10 |
| S&P;/ASX 200 Materials | 9183.80 |
| S&P;/ASX 200 Industrials | 4728.50 |
| S&P;/ASX 200 CONSUMER STAPLES | 9303.10 |
| S&P;/ASX 200 Telecommunication Services | 2257.70 |
| S&P;/ASX 200 Utilities | 6536.40 |
| S&P;/ASX Small Ordinaries | 2175.00 |
Last updated
Exchange Rates
1 AUD = 0.76290 USD
1 AUD = 1.03270 NZD
1 AUD = 0.71655 EUR
1 AUD = 0.51815 GBP
1 AUD = 92.19480 JPY
