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| | | There's not much point to Australia's terms of trade being at record levels if all it does is drive up our currency and keeps us suffocating under a current account deficit that just won't budge. The terms of trade are a measure of the prices we pay ... |
| | | | Slowing world growth, a collapsing US dollar and a still very nervous global credit market won't slow down world capital flows but rather increase them, said McKinsey in its latest newsletter. "Amid the turmoil, it's easy to forget that long-term structural ... |
| | | | The real story in yesterday's rates rise is that despite the surging economy making the rate rise necessary, the current account deficit (CAD) is still stuck on 6 per cent. According to the ABS, our CAD has been 5.5 to 6 per cent of GDP for the last ... |
| | | | Like a house of cards near an open window, many things tumbled overnight - US shares, the ASX/S&P 200, Asian stocks, the FTSE, US bond yields, gold, base metals, the Aussie dollar and, on the upside, oil prices also dropped. Asian markets tumbled after ... |
| | | | Fill up now, and expect to pour more cash into the tank next time, as new supply problems and increasing tensions in the Middle East have the price of oil flirting with US$94 a barrel for the first time ever. It's official; the price of oil has climbed ... |
| | | | Former thoroughbred, the US dollar has morphed into a Shetland pony and the Aussie dollar is one of many currencies climbing on its back. Overnight trading Friday saw Australian dollar rise above US90c for the first time since June 1984 after the US ... |
| | | | Colonial First State, Macquarie and AMP respectively are the three largest Australian fund managers in an industry that grew over 20 per cent to more than $650 billion last year, according to the latest Pensions & Investments and Watson Wyatt study ... |
| | | | Despite the doom and gloom coming from the mouths of former Fed Chief Alan Greenspan and Federal Reserve officials, Wall Street's record-breaking performance overnight jettisoned the Australian share market into uncharted territory at today's open. ... |
| | | | The Australian dollar was marginally weaker at noon after a mid-morning rally on the back of renewed demand for the currency out of Japan. At 1200 AEST, the Australian dollar was trading at $US0.8394/99, down from yesterday's close of 0.8396/02. During ... |
| | | | Recent spectacular growth has pushed eight Australian superannuation funds into the Global 300 list, according to a new Watson Wyatt survey. Local funds grew at 68 per cent per annum in local currency terms over a three-year period, while US funds grew ... |
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