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Showing 171 - 180 of 238 results for "RBA Gov"

Australia's confidence recession

BENJAMIN ONG  |  THURSDAY, 4 DEC 2014
It's official... Australia is in an income recession. Happy now, Jan? It may not be the generally-accepted definition of recession -- two consecutive quarters of contraction in output growth - but it'll do as long as we get the "R" word tag in the economy ...

Market Wrap AM

AAP  |  TUESDAY, 18 NOV 2014
The Australian market looks set to open higher after Wall Street fluctuated amid concern over Japan slipping back into recession. At 0645 AEST on Tuesday, the December share price index futures contract was up 11 points at 5,437. In local economic news ...

Conditions and confidence collide

BENJAMIN ONG  |  WEDNESDAY, 12 NOV 2014
"Clearly the most surprising feature of the Survey was the sharp jump in business conditions in October (the largest monthly increase in the history of the survey)." This was the first sentence in the 'Key Points' of the NAB Monthly Business Survey ...

Chocolate biscuits and animal spirits

BENJAMIN ONG  |  TUESDAY, 21 OCT 2014
All is clear again on the Wall Street front. Central bank assurances have silenced the Johnny Littles wailing that the sky is falling. We could only imagine now what would have happened to equity markets and in turn to sentiment and then the economies ...

Average September on average

BENJAMIN ONG  |  MONDAY, 29 SEP 2014
Have dip... will buy. That's last week's story on Wall Street - the big dip on Thursday followed by a rebound the next day - and only because I got tired (as you too probably have) of hearing of what's developing to be Wall Street's 2014 anthem - Chumbawamba's ...

The ECB can't make the horse drink

BENJAMIN ONG  |  WEDNESDAY, 24 SEP 2014
Just a few percentage points are all it took for the Australian equity market to get into what the financial presses call the "Beijing bounce". Two percentage points above the previous month and five percentage points more than consensus expectations ...

Flatline

BENJAMIN ONG  |  TUESDAY, 23 SEP 2014
... on. The A$ weakening below US$0.75? That's not bad news. A lower dollar-A is just what Australia needs, the prescription RBA Gov Glenn Stevens has been ordering for many, many moons now. A trip down memory lane shows how the dollar-A's depreciation deflected ...

RBA to business: release the animal in you

BENJAMIN ONG  |  THURSDAY, 21 AUG 2014
"What do you know about medicine?" This was what the doctor I consulted asked me when I asked for a stronger dose of antibiotics to rid me of the bacterial bugs that have invaded my body a few months back. Well doc, I may not know about medicine as ...

First quarter stasis and A$ ADHD

BENJAMIN ONG  |  THURSDAY, 27 MAR 2014
It's almost over - the first one-fourth of 2014, that is, and what have equity markets got to show for it? They retreated, they bounced back and after (nearly) three months... they did almost zilch. As at yesterday's closing, the All Ordinaries index ...

A-dollar zero point six six

BENJAMIN ONG  |  TUESDAY, 25 FEB 2014
He's either really brave or truly spaced out after smoking some heavy stuff. One thing's for sure though, Deutsche Bank's chief economist for Australia Adam Boyton has made the headlines with his fearless forecast that the Australian dollar would be ...