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Daily economic round-up

PETER BELL  |  WEDNESDAY, 13 SEP 2006
The monthly survey of business confidence by NAB fell four points in August to a score of six having apparently peaked in March of this year at 14. The three components of the index were down with the sales index falling one point, the profitability ...

Market wrap - morning

AAP  |  WEDNESDAY, 13 SEP 2006
The Australian share market is expected to open higher on a positive lead from Wall Street after the seventh straight day of lower oil prices. On the Sydney Futures Exchange, the September share price index contract was up 39 points to 5005 at 0722 ...

Daily economic round-up

PETER BELL  |  TUESDAY, 12 SEP 2006
Data released yesterday on lending finance up until July showed that housing finance increased 1.3 per cent in seasonally adjusted terms from the level in June. The value of dwelling purchases for rent or re-sale fell by 10.5 per cent on a seasonally ...

Market wrap - morning

AAP  |  TUESDAY, 12 SEP 2006
The Australian share market is expected to open lower following a flat lead from Wall Street and sharply lower commodity prices. On the Sydney Futures Exchange, the September share price index contract was down 25 points to 5011 at 0742 AEST. Today ...

CBA takes private banking upmarket

WWW.THESHEET.COM  |  FRIDAY, 8 SEP 2006
The Commonwealth Bank yesterday confirmed reports that it had moved 30 staff out of its private banking operation as part of a restructure of the business that will see it focus more closely on providing financial planning services for its clients. ...

Market wrap - morning

AAP  |  FRIDAY, 8 SEP 2006
The Australian share market is expected to open lower on a negative US lead. On the Sydney Futures Exchange, the September share price index contact was down 22 points at 5,078. Today, Southern Cross Broadcasting and The Warehouse Group release their ...

Daily economic round-up

PETER BELL  |  THURSDAY, 7 SEP 2006
The national accounts released yesterday show that Australia's GDP grew at only 0.3 per cent on a seasonally adjusted basis. The increase in GDP was a consequence of an increase of 0.5 per cent in final consumption expenditure, 0.3 per cent in private ...

Market wrap - morning

AAP  |  THURSDAY, 7 SEP 2006
The Australian share market is expected to open lower on a negative US lead. On the Sydney Futures Exchange, the September share price index contact was down 37 points at 5,077. Today, Babcock & Brown Wind Partners and aged care provider Primelife Corporation ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 6 SEP 2006
The Reserve Bank of Australia (RBA) has decided not to lift interest rates following its monthly board meeting yesterday. This comes as some relief to the market and mortgagees after last month's 0.25 per cent increase to 6 per cent, the second since ...

More super incentives from the Treasurer

... the Treasurer Peter Costello is back in the limelight offering even more incentives for people to boost their super savings. Yes, both the reasonable benefit limits (RBLs) and age-based contribution limits will be abolished. Yes, there will be more ways ...