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| | | A group of economists lead by Nick Gruen, principal of the Lateral Economics consultancy, have written to the Prime Minister proposing that employer super contributions be cut from 9 to 6 per cent with the money transferring to employees as take-home ... |
| | | | ... dissipated over the Labor Department's report that employers slashed 533,000 jobs in November compared with the 320,00 that economists forecast. The market's advance left Wall Street with moderate losses for the week, the result of a nearly 680-point ... |
| | | | ... rate, currently at 4.3 per cent, is forecast to rise to 5 per cent by June 2009 and 5.75 per cent the year after. Some economists believe that even these downgraded assumptions are optimistic and expect real GDP to grow by only 1 per cent this financial ... |
| | | | Hopeful signs that the squeeze on the credit markets is beginning to loosen gave Wall Street another leg up overnight. The Dow closed 4.7 per cent higher, the S&P 500 ended 4.8 per cent up and the Nasdaq rose by 3.4 per cent at the finish. It was the ... |
| | | | ... motivator of this trend. In percentage terms, this is one of the largest single cuts in history, he said. "With most economists predicting further interest rate cuts during 2008 and 2009, and with two consecutive falls already, it is likely the broader ... |
| | | | ... expected to announce a half a percentage point cut in official interest rates, following its monthly board meeting. Economists have forecast the RBA will cut official interest rates by up to 50 basis points in response to global financial turmoil, lowering ... |
| | | | ... Bureau of Agricultural and Resource Economics executive director Phillip Glyde will speak at an Australian Business Economists briefing on the outlook for soft commodities. The Industrial Foundation for Accident Prevention's (IFAP) Safety 08 conference ... |
| | | | ... commencements data for June. Reserve Bank of New Zealand assistant governor Dr John McDermott speaks at an Australian Business Economists lunch on "Monetary Policy Issues in New Zealand". Base metals and uranium explorer Aluminex Resources Ltd is to ... |
| | | | ... than 200 points. The Commerce Department reported that gross domestic product grew 1.9 per cent in the second quarter. Economists polled by Thomson Financial/IFR had expected growth of 2.4 per cent. The Dow lost 224.64, or 1.93 per cent, to 11,431.43. ... |
| | | | ... 5,050. Today, the focus will be the release of Australian Bureau of Statistics June quarter consumer price index (CPI). Economists had expected the headline CPI, the key measure of inflation, to record a rise of 1.3 per cent in the June quarter. In equities ... |
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