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Showing 181 - 190 of 216 results for "drought"

Federal Treasurer Costello indicates that the economy is very strong

... at a time when the international environment is so weak, and when we've had an American recession, we've had the worst drought in 100 years, when we've had the SARS virus affecting our tourist trade." Mr Costello said the job figures did tend to bounce ...

Domestic economic outlook improving: Costello

... Official figures last week showed the economy grew by just 0.1 per cent in the June quarter, with exports savaged by the drought, the SARS epidemic and weak global conditions. But Mr Costello said things were looking up. "Although the June quarter result ...

Interest rates on hold for 15th month in a row

... cent in the June quarter, which had been dragged down by a further slump in exports, and the aftermath of a devastating drought. The official cash rate stays at 4.75%, the same rate since June last year. Retail sales for July, to be revealed later today ...

Mid-afternoon market wrap: Nikkei eases back as US stocks rise

... 0.1% in the June quarter; which had been dragged down by a further slump in exports, and the aftermath of a devastating drought. All Ordinaries 3223.9 +0 NASDAQ 1841.48 +31.03 Dow Jones 9523.27 +107.45 FTSE-100 4204.40 +0.00 Hang Seng 11028.10 +88.16 ...

GDP rises 0.1% from March to June quarter: ABS

... the non-farm GDP rose 0.3% during the quarter while the farm GDP fell by 5.7%, reflecting the continuing effect of the drought on the farm sector. On the expenditure side, the increase in GDP was driven by growth in final household expenditure (contributing ...

Afternoon market wrap: All Ordinaries up slightly

... growth in two and a half years, the Australian Bureau of Statistics said. The weak results have been attributed to the drought and the weak world economy. All Ordinaries 3223.9 +11.8 NASDAQ 1810.45 +0.00 Dow Jones 9415.82 +0.00 FTSE-100 4204.40 +43.30 ...

AiG & QBE expected to unveil healthy profit results

... there has been a lack of major international disasters insurers have had to pay claims on recently, while in Australia the drought has led to fewer car accident claims. In June, QBE chief executive Frank O'Halloran reiterated the global insurer was on ...

Rain leads to improved confidence: NAB Agribusiness survey

WITH AAP  |  MONDAY, 28 JUL 2003
... commodity prices. NAB chief economist Alan Oster said the near-term outlook for agribusiness was improving as an end to the drought in some areas of the country looked imminent. Farm production looked set to rebound 15% in 2003/04, following a fall of ...

Australian trade gap widens due to stronger dollar, more imports: economists

... those punitive tariffs that are coming into force from 1 August," he added. Economists had agreed that Australia's worst drought in 100 years will continue to depress the nation's export performance. "It's a long way off before we get any decent recovery ...

Farmers' Federation joins rate cut chorus

WITH AAP  |  TUESDAY, 1 JUL 2003
... basis points, as economic growth is expected to be sluggish in coming months and many farmers are still struggling due to drought. "While farmers have greatly benefited from these historically low rates, the difference between Australian and US official ...