News&Markets

Columnists
Sharon Williams
From the budget to the degeneration of ‘Brand Labor’
Damian Smith
A big week for interest rates
Kate Leaver
The longevity gap: Should women get more superannuation?
Effie Zahos
No relief for credit cardholders, despite rate cuts
Ross Greenwood
Who will pay the price for flood damage?
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Downtime
Growing appetite for luxury goodsThe market for luxury brands is growing. (Getty)The market for luxury brands is growing. (Getty)The global luxury market is forecast to grow by up to seven per cent in 2012 despite the financial crisis.
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Top business news
Aust bonds steady after Fed minutesAustralian bond future prices are virtually unchanged following the release of the minutes to the US Federal Reserve's board meeting IAG to review its UK businessInsurance Australia Group has begun a strategic review of its business in the UK, possibly paving the way for its sale. CBA posts $1.7b quarterly profitCommonwealth Bank made a net profit of $1.7 billion for the three months to the end of March, but says its funding costs continue to rise.
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Australian market news

05:44 PM
Aust Stocks plunge on Greek woes
Australian stocks have plunged to two month lows led by the resources sector, amid worries about the future of the euro zone
08:21 AM
Greece worries sink US markets after early
07:58 AM
Copper closes lower
07:55 AM
International financial news
07:54 AM
Oil prices slide on Greek exit
07:46 AM
Stocks to watch on Thursday
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