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RBA expects inflation to rise further
Australia's central bank says the current level of interest rates is appropriate but it still expects inflation to be high in the short term.In its quarterly statement on monetary policy the...
AAP - Friday May 9, 2008, 5:48 pm

Reserve Bank keeps finger on rates trigger
The Reserve Bank has issued a warning to Australian households that economic growth looks like it may be slowing, but our finger is not off the interest rate trigger yet. The message was...
ABC Business News - Friday May 9, 2008, 2:32 pm

RBA wary of eBay's PayPal push
The Reserve Bank of Australia (RBA) has raised concerns about online retailer eBay's attempt to change its payment system. The Australian Competition and Consumer Commission (ACCC) is assessing...
ABC Business News - Friday May 9, 2008, 1:50 pm

Aussie dlr holds gains ahead of cenbank statement
SYDNEY, May 9 (Reuters) - The Australian dollar held on to modest gains against the U.S. currency on Friday ahead of the Reserve Bank of Australia's quarterly monetary policy statement, where the...
Reuters Finance News, Australia - Friday May 9, 2008, 9:31 am

Horror Budget or horror interest rates: analyst
A leading economic forecaster says Treasurer Wayne Swan will have to deliver a horror Budget on Tuesday - or Australians can expect horror interest rates. "There has to be bad news. People do not...
ABC Business News - Friday May 9, 2008, 9:01 am

Housing Prices Under Pressure
The House price indexes from the Australian Bureau of Statistics for the March quarter this week showed a 1.1% rise, to take the rise for the year to March to nearly 14%. In Melbourne it was up...
Australasian Investment Review - Friday May 9, 2008, 8:53 am

New Zealand Sliding
In March New Zealand Finance Minister Michael Cullen and the Bank of New Zealand forecast a possible recession. Mr Cullen said he couldn't rule out the possibility of a recession this year, while...
Australasian Investment Review - Friday May 9, 2008, 8:15 am

Jobs growth could mean rate rise: expert
Australia recorded strong employment growth in April as the participation rate rose to a record high, paving the way for a possible further rise in interest rates this year, economists say.Total...
AAP - Thursday May 8, 2008, 1:22 pm

Australian jobs jump in April, underpin economy
(Adds analyst, market reaction) By Wayne Cole SYDNEY, May 8 (Reuters) - Australia employment growth blew past expectations in April, pointing to a still-healthy labour market even as other parts...
Reuters Finance News, Australia - Thursday May 8, 2008, 12:20 pm

STOCKS NEWS ASIA-Shares may fall on U.S. inflation worries
SYDNEY, May 8 (Reuters) - Asian shares are set to fall on Thursday after worries about inflation and higher interest rates sparked a sell-off on Wall Street as oil jumped to a record. Financial...
Reuters Finance News, Australia - Thursday May 8, 2008, 9:07 am

No Beef Deal For FCL, ACC
Shares in Futuris Corporation and its 43% owned associate, the beef producer Australian Agricultural Company, fell sharply yesterday after Futuris's announcement that it had terminated the process...
Australasian Investment Review - Thursday May 8, 2008, 8:13 am

Subprime crisis inflicts more pain at German banks
BERLIN (AFP) - Results from two German banks on Wednesday showed that the knock-on effects of the US subprime home loan crisis are still being felt around the world.Commerzbank, Germany's second...
AFP Finance News - Thursday May 8, 2008, 1:53 am

RBA unable to cut rates yet: Turnbull
Federal opposition treasury spokesman Malcolm Turnbull says he does not expect the Reserve Bank of Australia (RBA) will be able to cut interest rates yet.But he said that did not represent a change...
AAP - Wednesday May 7, 2008, 7:04 pm

RBA board member highlights climate change 'policy vacuum'
A Reserve Bank board member and an internationally recognised climate change expert has expressed concern at the lack of Government policy to effectively deal with global warming. Warwick...
ABC Business News - Wednesday May 7, 2008, 6:18 pm

Construction activity 'slumps in April'
Construction companies have continued to struggle against high interest rates and difficult credit conditions, going backwards for a second straight month in April, a survey says.The Australian...
AAP - Wednesday May 7, 2008, 2:18 pm



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