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Showing 3061 - 3070 of 3072 results for "Benjamin"

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 15 MAY 2006
Interest rate concerns dominated last week's trading activity after the US Federal Reserve, as expected, announced another 25 basis point tightening in monetary policy, taking the federal funds rate target to 5 per cent. Investors' concerns were not ...

Daily economic update

BENJAMIN ONG  |  FRIDAY, 12 MAY 2006
The Australian Bureau of Statistics (ABS) released figures showing that the total value of dwelling finance commitments rose by 1.2 per cent in March. While the figures provide a positive connotation for the housing market, these have lost their relevance ...

Daily economic update

BENJAMIN ONG  |  THURSDAY, 11 MAY 2006
Australian employment fell by 3,200 in April, partially reversing the hefty 27,000 gain reported in the previous month. This is lower than market expectations of a flat outcome for the month. Full-time employment rose by 22,700 last month but this was ...

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 10 MAY 2006
Federal Treasurer Peter Costello unveiled his 11th Budget last night, delivering a fiscal surplus worth around $11.9 billion. According to the 2006/2007 Budget Papers, the government plans to spend $219.7 billion of its projected $231.6 billion in revenues. ...

Daily economic update

BENJAMIN ONG  |  TUESDAY, 9 MAY 2006
Financial markets await tonight's unveiling of the country's federal budget and tomorrow night's monetary policy deliberation by the US Federal Reserve. Australian Federal Treasurer Peter Costello will announce his 11th Budget tonight in Canberra where ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 8 MAY 2006
Following a week of controversy surrounding the Reserve Bank of Australia's (RBA) announcement of a 25 basis point hike in the country's official cash rate, this week will give financial markets more variables to digest as the Federal Treasury delivers ...

Daily economic update

BENJAMIN ONG  |  WEDNESDAY, 3 MAY 2006
The Reserve Bank of Australia (RBA) finally put to rest market speculation over monetary policy by raising the official cash rate by 25 basis points to a five year high of 5.75 per cent. The RBA last lifted interest rates in March 2005. Market expectations ...

Rate hike catches economists unaware

KATE HAGE  |  WEDNESDAY, 3 MAY 2006
... today to lift the official cash rate from 5.5 per cent to 5.75 per cent, a move economists say caught many unawares. Benjamin Ong, chief economist with the Financial Standard Intelligence Unit, said the Australian economy did not need a rate hike right ...

Daily economic update

BENJAMIN ONG  |  TUESDAY, 2 MAY 2006
While Australia anxiously awaits the RBA's decision on monetary policy, strong US economic reports released overnight kept alive expectations that the US Federal Reserve will continue to raise interest rates. Coming on top of the weekend's strong 4.8 ...

Weekly economic round-up

BENJAMIN ONG  |  MONDAY, 1 MAY 2006
This week's Reserve Bank of Australia (RBA) board meeting takes on a particular significance in light of the higher than expected Australian headline CPI inflation report for the March quarter. Last week, the Australian Bureau of Statistics (ABS) released ...