Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Search Results

Showing 161 - 170 of 216 results for "drought"

Current account deficit improves in September quarter after some exports recover

AAP  |  MONDAY, 1 DEC 2003
... billion. The current account deficit, a snapshot of all Australia's dealings with the outside world, has suffered as the drought, the weak world economy and then the impact of SARS depressed exports. Today's figures showed exports fell two per cent in ...

Greater fiscal discipline needed: OECD

... growth was almost offset by a steep fall in exports. The OECD has said that with farm output likely to recover from the drought and adverse external influences receding, economic activity is projected to gather momentum, despite a cyclical downturn in ...

RBA must take account of drought, $A on rates: deputy PM

AAP  |  THURSDAY, 27 NOV 2003
The Reserve Bank of Australia will have to take into account the drought and the exchange rate when it next considers interest rates, according to Deputy Prime Minister John Anderson. Mr Anderson said he would not give gratuitous advice to the Reserve ...

Drought slashed grain/sheep numbers: ABS

AAP  |  WEDNESDAY, 26 NOV 2003
The drought slashed grain production more than 50 per cent and forced sheep numbers to their lowest level in 50 years, the Australian Bureau of Statistics said today. In a report on agricultural commodities, the bureau said wheat production fell 59 ...

Howard says no need for further rate hikes

AAP  |  THURSDAY, 6 NOV 2003
... "These increases will hit farmers hard at a time when they are already reeling from the appreciating Australian dollar, drought and increasing costs," he said.

RBA decision takes economists by surprise

... said Mr McCarthy. "The economy suggests that the time is past for stimulatory policies. Domestically, the worst of the drought is over, farm sector incomes are expected to rise, housing and consumer spending are buoyant, business confidence is very high ...

Australian business increasingly bullish on 2004

AAP  |  TUESDAY, 4 NOV 2003
... continues, the good times look set to roll on into 2004," she said. "The improving world economy, low inflation, easing drought conditions and a housing construction market that refuses to slow down, all give cause for optimism." She said expectations ...

ANZ job ads up 1.4%

AAP  |  MONDAY, 3 NOV 2003
... supporting employment intentions in recent months, although the confidence effects associated with the breaking of the drought in some areas and a recovering global economy are also likely to have been equally as important," she said. "Furthermore, partial ...

Melbourne Cup Day looms as d-day for interest rates

AAP  |  MONDAY, 3 NOV 2003
... Bank senior economist Tony Meer said all the negative effects at the beginning of the year - SARS, the global downturn, drought and war - were now reversing. "If I was the Reserve Bank, I'd be saying it was time to pull the reins in - at 22.5 per cent ...

Better times coming for exports: Vaile

AAP  |  FRIDAY, 31 OCT 2003
... figures. "We are seeing, still, the residual effect of a very soft global economy on our export markets, the effects of the drought, which hopefully we are seeing the end of in most parts of Australia, and the advent of SARS in our markets through east ...