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Australia shares rise 1.9 pct on rosy RBA view
(Adds analyst comments)
By Victoria Thieberger
MELBOURNE, Nov 6 (Reuters) - Australian stocks advanced 1.9
percent on Friday, boosted by an upgrade to domestic growth
forecasts by the central bank...
Reuters Finance News, Australia -
Friday November 6, 2009, 4:50 pm
Aussie dollar basks in RBA's bright outlook
* Aussie boosted by a very bullish RBA outlook
* Climbs to three-month highs against NZ$
* Bond futures ease, rates to rise for long time to come
SYDNEY, Nov 6 (Reuters) - The Australian...
Reuters Finance News, Australia -
Friday November 6, 2009, 4:40 pm
RBA ramps up growth outlook for 2010
The Reserve Bank of Australia (RBA) has forecast the local economy to grow more strongly than predicted three months ago, with an interest rate rise next month still on the cards, economists say.In...
AAP -
Friday November 6, 2009, 4:36 pm
RBA may hold rates in Dec: economists
The Reserve Bank of Australia (RBA) has left its options open for a pause in rate rises in December, following a guarded upgrading of its economic outlook, economists say.In its quarterly statement...
AAP -
Friday November 6, 2009, 1:52 pm
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
Bank of England adds STG25b to economy
The Bank of England announced Thursday that it will pump another STG25 billion ($A45.43 billion) into the recession-hit economy, after it held interest rates at a record low."The BoE's...
AAP -
Friday November 6, 2009, 8:32 am
RBA boss hints at further rate rises
The Governor of the Reserve Bank has again highlighted the pressure on the central bank to lift interest rates by suggesting it has increasing concerns about inflation.
Speaking at an economic...
ABC Business News -
Thursday November 5, 2009, 8:11 pm
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
Aussie dlr off highs, but yield appeal supports
* Aussie pulls back to track gold, stocks lower
* Markers awaiting speech by RBA chief at 0855 GMT
* Bond futures stay in the red
SYDNEY, Nov 5 (Reuters) - The Australian dollar gave up
some...
Reuters Finance News, Australia -
Thursday November 5, 2009, 5:04 pm
Aussie steady before RBA chief speaks; bonds ease
__________AUSTRALIAN CREDIT/FOREX (0130 GMT) SNAPSHOT__________
FOREIGN EXCHANGE (against previous Sydney close) AUD=
0.9085/88 (0.9022/25) AUDNZD=R1.2616/29 (1.2511/33)
AUDJPY=R 82.22/28 (81.49/56)...
Reuters Finance News, Australia -
Thursday November 5, 2009, 12:35 pm
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
Many homeowners upped debt on low rates
More than 75 per cent of homeowners took advantage of low interest rates to add to their mortgage loan or take on other forms of debt, a new survey has found.The poll by mortgage broker, Loan Market...
AAP -
Wednesday November 4, 2009, 2:00 pm
Retail fall cuts December rate rise chances
September retail sales have posted a surprise fall that has increased financial market speculation that the Reserve Bank may wait until February before raising rates again.
The official...
ABC Business News -
Wednesday November 4, 2009, 1:31 pm
To fix or not? The great home loan gamble
Now that interest rates are well and truly on the rise, many people are probably wondering whether they should fix their home loan rate now.
Owning a home often seems like one big gamble, where...
ABC Business News -
Wednesday November 4, 2009, 12:49 pm
Home buyers factored in rate rise: REI
The housing industry says the latest rise in official interest rates will add to the pressure on first home buyers in South Australia.
The Housing Industry Association (HIA) says the rise has...
ABC Business News -
Wednesday November 4, 2009, 9:23 am
