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Showing 631 - 640 of 688 results for "Estimate 1"

Daily economic update

Business investment continues to drive the Australian economy forward. This is established by today's Australian Bureau of Statistics (ABS) report showing that real capital spending increased by a much larger-than-expected 9.2 per cent in the December ...

Daily economic update

The Australian Bureau of Statistics (ABS) reports that its wage price index (WPI) excluding bonuses rose by a lower-than-expected 0.9 per cent in the December quarter, down from 1.1 per cent in the previous three-month period. The deceleration in the ...

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 ...

Tis the season to be jolly and to spend: AXA

Australians are the world's fourth most generous gift-givers with retirees estimated to spend at least $1.1 billion over the holidays on Christmas presents. Investment house AXA's research shows that retirees will spend at least $580 on gifts, which ...

Costello pledges $18bn to pump-prime his Future Fund

The Future Fund legislation will be pushed through Parliament today, with Treasurer Peter Costello announcing an initial allocation of $18 billion towards the fund charged with managing the federal government's unfunded super liabilities. Costello's ...

Weekly Economic Roundup

Last week's battery of domestic economic reports did nothing to alter the prevailing view over Australian monetary policy settings. If anything, they strengthened investors' conviction that local interest rates will remain steady at 5.5 per cent in ...

Business investments overtakes consumer spending

Today's economic data reports re-affirm consensus views that Australian business investment has become the major driving force in the economy, taking over the mantle from consumer spending and housing. The Australian Bureau of Statistics (ABS) reported ...

Daily Economic Update

A draft of the Organization for Economic Cooperation and Development's (OECD) semi-annual economic outlook - to be published at the end of this month - revealed upgrades to its earlier economic growth forecasts. The draft showed 2005 and 2006 growth ...

Daily Economic Update

The US stock market continued to rally in overnight trade supported by indications that consumer spending would remain buoyant. The final reading of the University of Michigan index of consumer sentiment increased to 81.6 during the month from 74.2 ...

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 ...