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Daily Economic Update

The US National Association for Business Economics (NABE) expects the Fed to interest raise rates to 4.25 per cent by the end of this year and 4.75 per cent by the end of 2006. The federal funds rate is currently at 4.0 per cent. NABE expects consumer ...

Market Wrap

AAP  |  TUESDAY, 22 NOV 2005
The Australian share market is expected to open firmer as commodity prices continue to be positive and a solid lead from the US again raises the prospect of record stock levels domestically. On the Sydney Futures Exchange, the December share price index ...

Daily Economic Update

Australian car buyers continue to feel the pinch of higher petrol prices. The Australian Bureau of Statistics (ABS) today reported that sales of new motor vehicles dropped by 6.7 per cent in October. Sales across all vehicle types posted declines during ...

Weekly Economic Roundup

Australian financial markets produced a positive performance during last week's trading activity. A strong uptrend in gold and copper prices supported the Australian dollar, rising to US$0.735 at the close of last week's trading after opening at US$0.728. ...

Market wrap

The Australian share market is expected to open firmer as a surge in precious metal prices and continued strength in base metals are both expected to underpin the resources sector. On the Sydney Futures Exchange, the December share price index contract ...

Market wrap

AAP  |  THURSDAY, 17 NOV 2005
The Australian share market is expected to open weaker as a softer US market and benign base metal prices weigh on the overall bourse. However, precious metal and oil prices both climbed sharply overnight and this could provide support to the domestic ...

Daily Economic Update

The Australian Bureau of Statistics reported that its wage price index - which measures hourly rates of pay excluding bonuses - increased by 1 per cent in the third quarter following a 1.1 per cent rise in the previous three-month period. The index ...

IOOF to launch TAPs platform

In his speech at the company's annual general meeting yesterday, IOOF's chief executive office Ron Dewhurst said that they will launch a new platform for Term Allocation Pension products, as part of their ongoing campaign to increase their market share ...

Market wrap

AAP  |  WEDNESDAY, 16 NOV 2005
The Australian share market is expected to open broadly unchanged as another benign day on the US markets provides little direction for the domestic bourse. However, with the Australian market still awash in activity with earnings and annual general ...

Market wrap

AAP  |  TUESDAY, 15 NOV 2005
The Australian share market is expected to open slightly weaker in local trade as a lack of direction from offshore markets and commodities opens the potential for some profit taking after recent solid gains. Still, stock-specific news is again expected ...