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Daily economic update

Today's updates on Australian business conditions and retail activity reinforce current market thinking for steady domestic interest rates in the near term. The National Australia Bank's (NAB) business conditions index fell to 11 in the fourth quarter ...

Market wrap

AAP  |  TUESDAY, 7 FEB 2006
The Australian share market should open slightly firmer in early trade as a broadly unchanged US market provides little direction for the local bourse. The domestic market made solid gains yesterday and, with firmer gold and oil prices, as well as good ...

Daily Economic Update

Australian retail sales increased by 0.4 per cent in December, more than offsetting the 0.1 per cent fall in the previous month but is lower than market expectations for a 0.5 per cent rise. Year-on-year, retail sales increased by 4 per cent - the fastest ...

Daily economic update

Today's update on Australian building approvals provides yet another indication that domestic interest rates will remain on hold in the near term. Based on the Australian Bureau of Statistics (ABS) figures, the total number of dwelling units approved ...

Centro pushes ahead with US property

Centro Properties is firing on all cylinders with two new retail property syndicates lined up in the next six months following the successful fund raising for its latest US property syndicate, Centro MCS 36. The group has said it raised its target of ...

Daily economic update

The Department of Employment and Workplace Relations (DEWR) reported a 2.9 per cent fall in its skilled vacancies index in January, led by a 3.6 per cent decline in openings for trades. Automotive trades posted the biggest decline (9.2 per cent) in ...

Weekly economic round-up

The Australian market continued its record-breaking run last week supported by continued gains in commodity prices, good earnings news out of the United States and stronger conviction for steady domestic interest rates. Last week's rally took the S&P/ASX ...

Foreign banks lag locals, but for how long?

WWW.THESHEET.COM  |  FRIDAY, 27 JAN 2006
Despite deregulation of the banking system and foreign banks moving into Australia, local banks still have a mortgage over the banking industry. APRA has just released a quarterly snapshot of the financial performance of all banks that reveals that ...

Daily economic update

The Reserve Bank of Australia (RBA) and financial markets will welcome the country's latest inflation figures. The Australian Bureau of Statistics (ABS) reported that headline consumer prices rose by 0.5 per cent in the December quarter - less than ...

Daily economic update

Australian Bureau of Statistics figures show that sales of new motor vehicles rose by 0.8 per cent to 81,096 units in December. Sales of sports utility vehicles rose by 8.1 per cent during the month, sales of 'other' vehicles increased by 1 per cent ...