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Market wrap - morning

AAP  |  FRIDAY, 20 OCT 2006
The Australian sharemarket is expected to open stronger following Wall Street's record high close overnight. On the Sydney Futures Exchange at 0824 AEST, the December share price index contract was 22 points higher at 5323. Today the September new motor ...

Daily economic round-up

PETER BELL  |  THURSDAY, 19 OCT 2006
The US economy has received good news about the abatement of inflation with the release of consumer and producer price data showing that the consumer index fell by 0.5 per cent in September and that producer prices fell by 1.3 per cent largely as a ...

NSW bankruptcies reach record highs

The latest quarterly figures from the Insolvency and Trustee Service Australia (ITSA) have shown record levels of bankruptcies in NSW with accountancy specialist Hall Chadwick warning "more bumps" are ahead. Compared to an already high 1,900 bankruptcies ...

Daily economic round-up

PETER BELL  |  THURSDAY, 12 OCT 2006
The possibility of an interest rate rise at the next meeting of the RBA increased last night when the governor, Dr Glenn Stevens, mentioned that the September quarter CPI figure due on 25 October would be a linch pin in the decision. Dr Stevens said ...

Oracle predicts more IT collaboration

Leading IT providers are more likely to succeed in business if they collaborate more and compete less with their peers, according to Oracle Australia's chief, Stephen Jack, after the group signed a landmark deal with IBM and i-flex. Jack said that there's ...

Marketers urged to target over-50s

KATE HAGE  |  THURSDAY, 12 OCT 2006
Instead of chasing the fickle Generations X and Y, superannuation marketers could take their lead from an American marketing group urging businesses to turn their attention to a far wealthier and they say just as fickle demographic group, the over-50s. ...

Daily economic round-up

ALFRED SINN  |  WEDNESDAY, 11 OCT 2006
Financial markets across the world have held up reasonably well despite North Korea's nuclear tests that sent shockwaves across global financial markets on Monday. Most markets recovered by Tuesday and the US Dow Jones Industrial Index reached its record ...

Daily economic round-up

PETER BELL  |  TUESDAY, 10 OCT 2006
The ANZ job advertisement series has shown that the total number of jobs in major metropolitan newspapers as well as the internet has risen by 0.3 per cent in September following the fall of 1.3 per cent in August of this year. The present level is ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 4 OCT 2006
The Reserve Bank has decided to leave the cash rate unchanged at 6 per cent following the Australian Bureau of Statistics announcement yesterday that in seasonally adjusted terms retail sales increased by 0.3 per cent in August after the 0.5 per cent ...

Market wrap - midday

AAP  |  TUESDAY, 3 OCT 2006
The Australian stock market remained weaker today on the back of a drop on US markets, with banks and resource stocks down on yesterday's trading. At 1200 AEST, the benchmark S&P/ASX200 index was down 20.7 points to 5158.1 and the all ordinaries fell ...