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| | | The Reserve Bank of Australia today left the Australian cash rate unchanged at 5.25%. The decision follows back-to-back rate hikes in November and December last year, which lifted the cash rate to 5.25% from 4.75%. |
| | | | Australian business conditions eased in December and domestic demand was expected to slow in some sectors, although business remained strong after nearing record levels the previous month, a survey has found. The National Australia Bank monthly business ... |
| | | | Australia's trade gap widened in December as consumers took advantage of cheaper imported goods in the lead-up to Christmas. The Australian Bureau of Statistics (ABS) said the trade balance blew out to $2.55 billion, compared with the $1.72 billion ... |
| | | | The Australian balance on goods and services was a deficit of $2.5 billion, seasonally adjusted, in December from an downwardly revised deficit of $1.7 billion in November, the Australian Bureau of Statistics said today. Exports fell 2.0% in adjusted ... |
| | | | Australia's credit growth continued its steady rise in December with the Reserve Bank of Australia's (RBA) recent interest rate hikes seemingly doing little to reduce the demand for credit. Private sector credit rose by 1.2% in December, seasonally ... |
| | | | More than 100,000 Australians have abandoned plans to invest in property this year, according to research by Wizard Home Loans. The non-bank lender said research it commissioned found the number of Australians who planned to invest over the next 12 ... |
| | | | Listed property trust General Property Trust said today it expects to experience strong growth in retail and industrial income and an improvement in office and tourism markets in 2004. GPT said net profit for the 12 months to December 31, 2003 was up ... |
| | | | Investment company IncomePlus said volatility in gold and financial markets had helped raise its earnings in the half year to the end of December 2003. In its maiden profit report as a listed company IncomePlus booked a net profit of $2.65 million in ... |
| | | | Inflation dropped slightly to 2.4% in the year to December despite strong rises in the prices of food and holidays. The Australian Bureau of Statistics said prices rose 0.5% in the three months to December, giving an annual inflation rate of 2.4%, down ... |
| | | | New figures today are expected to show an easing in inflation, providing one less trigger for the Reserve Bank to raise interest rates again. However, the expected easing of December quarter inflation, giving a predicted annual inflation rate of 2.4% ... |
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