RBA says welcome to quarry Australia
The Australian economy no longer rides on the sheep's back, but on the deck of a bulk carrier taking iron ore, coal or LNG to Asia.
The Reserve Bank's latest quarterly Statement on Monetary...
ABC Business News -
Friday November 6, 2009, 12:18 pm
Australia shares seen up on economy confidence
SYDNEY, Nov 6 (Reuters) - Australian stocks are set to gain
on Friday, boosted by a rally on Wall Street sparked by
optimism over an economic recovery, though resource stocks may
struggle after...
Reuters Finance News, Australia -
Friday November 6, 2009, 8:33 am
Prosperity: The Challenges Can Be Met
For the third time this year, Reserve Bank Governor, Glenn Stevens, has attempted to give Australia and Australians a sense of what has to be done to "make sure that the road to recovery will...
Australasian Investment Review -
Friday November 6, 2009, 8:13 am
Car Industry Picking Up Around The World
There's a sudden bloom in the car industry around the world, so much so that you'd be mistaken for wondering if the good times were back. Sales are up, with or without Government help, some...
Australasian Investment Review -
Friday November 6, 2009, 8:10 am
Warren Buffett's Defining Play
Warren Buffett did it again this week, launching his biggest ever takeover which defines his optimism in America's future and makes an emphatic statement about the financial strength of...
Australasian Investment Review -
Friday November 6, 2009, 8:08 am
Aussie economy on recovery path: Stevens
The Australian economy is now on a recovery path after emerging from one of mildest downturns on record, which has highlighted the nation's sensible macroeconomic policies and demand for the...
AAP -
Thursday November 5, 2009, 8:09 pm
China, East Asian Growth Upgraded
This is good news for Australia: China will grow faster next year than many forecasters think, according to the World Bank, and this will drag up growth levels elsewhere in the Asian region. As...
Australasian Investment Review -
Thursday November 5, 2009, 8:11 am
Fed Steady; No Rate Rise For Some TIme
The US Federal Reserve has moved to make sure the markets fully understand that there will be no change in American monetary policy. There's been a rising tide of disquiet about a possible change...
Australasian Investment Review -
Thursday November 5, 2009, 8:10 am
Westpac Solid
Westpac yesterday completed the September 30 balancing bank profit reports with yet another example of how financially strong our big four are. The Commonwealth at June 30 started the trend with a...
Australasian Investment Review -
Thursday November 5, 2009, 8:10 am
Rates Up, As Predicted
While the Reserve Bank followed form and lifted its key interest rate by 0.25% to 3.50% yesterday, there's a tip of another kind from the post meeting statement: watch the impact of the...
Australasian Investment Review -
Wednesday November 4, 2009, 8:41 am
West Australian Newspapers Still Doing it Hard
Tough times continue in the media sector, despite the market lifting share prices for major players in anticipating of a return to the good old days. The Kerry Stokes-dominated West Australian...
Australasian Investment Review -
Wednesday November 4, 2009, 8:40 am
Australia shares rise, rate decision eyed
(Updates to opening)
SYDNEY, Nov 3 (Reuters) - Australian shares rose 0.5
percent on Tuesday, supported by miners and some of the top
banks, following solid economic data in the U.S. that...
Reuters Finance News, Australia -
Tuesday November 3, 2009, 11:13 am
The Economy 2: Houses Up, Manufacturing Up, Rates To Go Up
Australian house prices have risen by a greater than expected amount in the September quarter, suggesting that the Reserve Bank's previously stated concerns about the impact of a housing boom might...
Australasian Investment Review -
Tuesday November 3, 2009, 8:45 am
Australia shares touch 6-week low; Myer a casualty
(Adds analyst comment)
By Victoria Thieberger
MELBOURNE, Nov 2 (Reuters) - Australian stocks fell 2.2
percent on Monday as regional markets tumbled on fears that the
global economic recovery could...
Reuters Finance News, Australia -
Monday November 2, 2009, 4:51 pm
A Shaky Start for The Week, More To Come?
So what will frighten markets this week? Will it be Friday's big sell-off, especially in the US and Europe that saw shares and commodities (especially oil and gold) falling sharply as the US...
Australasian Investment Review -
Monday November 2, 2009, 8:36 am