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| | | Australian stocks were flat at noon after disappointing jobs data prompted a selloff that left the market briefly in red figures. At 1201 AEST, the benchmark S&P/ASX200 index was up 4.1 points, or 0.1 per cent, at 4,187.5 points, while the broader All ... |
| | | | US president Barrack Obama has defied critics who thought his climbdown last month with Congress over the debt ceiling would make him gun-shy, by proposing a jobs stimulus package that is nearly as big as the entire Australian commonwealth annual budget. ... |
| | | | The Australian market looks set to open higher, continuing Wednesday's local upward trend and after strong rallies overseas. At 0706 AEST on Thursday, the September share price index futures contract was up 44 points at 4,240. In economic news on Thursday ... |
| | | | Anyone who thinks the Reserve Bank was about to cave into pressure for lower interest rates to take pressure of the AUD should read their rates decision statement from yesterday because it seems they were closer to lifting them than they were to lowering ... |
| | | | Australia's housing market continues to confound, not because it's expensive in world terms but because of the disconnect between people naively hoping for price reductions and everybody else complaining we aren't building them fast enough. The latest ... |
| | | | The Australian market looks set to open lower after European and Asian markets fell overnight. Wall Street was closed on Monday for the US Labor Day public holiday. At 0710 AEST on Tuesday, the September share price index futures contract was down 52 ... |
| | | | It is being reported today that Treasury believe it was really former prime minister Kevin Rudd who saved Australia from the GFC and not the mining industry, but before we get too excited the analysis simply confirms that we don't just have a two-speed ... |
| | | | Behavioural investing can help financial planners increase insurance take up in Australia, as well as improving the reputation of the industry, according to MetLife senior vice president, Joe Jordan. With fierce debate surrounding commissions on life ... |
| | | | The Australian dollar was fractionally higher at noon, as traders await significant US employment figures due on Friday night. At 1200 AEST on Friday, the Australian dollar was trading at 107.26 US cents, up from 107.20 US cents on Thursday. Since 0700 ... |
| | | | Global pressure to contain debt is ironically one of the biggest threats to the world economy, warns the managing director of the International Monetary Fund, Christine Lagarde. Writing in the Financial Times, Lagarde said world economic confidence ... |
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