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Showing 6751 - 6760 of 6942 results for "% December"

Midday Market Wrap: Dollar weaker, but responding to low unemployment rate

The Australian dollar was weaker at noon but had jumped higher on news that Australia's unemployment rate had plunged to a near 14-year low of 5.6 per cent in October. At 1200 AEDT the Australian dollar was trading at $US0.7094/99 compared with yesterday's ...

ALP to lift veil on super strategy

ALP shadow treasurer Mark Latham will next week begin to spell out in detail the Federal Opposition's plans for the superannuation industry, as part of the Association of Superannuation Funds of Australia's (ASFA's) annual conference to be held in Brisbane. ...

Morning Market Wrap: Dollar opens weaker

The Australian dollar opened slightly weaker today but was remaining buoyant within close proximity of six-year highs after jumping one US cent yesterday in response to a surprise interest rate hike. At 0700 AEDT the Australian dollar was trading at ...

RBA decision takes economists by surprise

The RBA's decision to increase the official cash rate by 25 basis points to five percent has come as a surprise and shock to many, but the overall view is that the central bank is essentially easing its foot off the accelerator rather than slamming ...

Midday market wrap: Shares, bonds lower on RBA move

The Australian stock market opened lower today after a dip in trade on Wall Street overnight and the decision by the Reserve Bank of Australia to list the official cash rate 25 basis points to 5.00%. The benchmark S&P/ASX 200 index was down 14.6 points ...

RBA lifts cash rate to 5.00%

The Reserve Bank of Australia (RBA) today raised the official cash rate by 25 basis points to 5.00 per cent. The move is the RBA's first shift in monetary policy for 17 months. In a statement, the central bank said interest rates had been set low in ...

Afternoon market report: Trade thins as Melbourne Cup takes precedence

WITH AAP  |  TUESDAY, 4 NOV 2003
The Melbourne Cup took centre stage as afternoon trade on the Australian share market slowed to a dribble, although the broader market indexes still managed to end the day in positive territory. "The market was a lot stronger earlier in the day when ...

Australian business increasingly bullish on 2004

AAP  |  TUESDAY, 4 NOV 2003
Australian businesses remain bullish about 2004 with capital investment intentions on the rise, a survey has found. The October Dun & Bradstreet (D&B) survey shows the business outlook is much stronger than it was at the same time in 2002. D&B Australia ...

RBA may crack the whip on rates today

AAP  |  TUESDAY, 4 NOV 2003
The Reserve Bank board may use Melbourne Cup day to crack the whip on interest rates. The central bank board meets today, with new figures suggesting a consumer-led retail spending spree is continuing, putting pressure on the bank to lift rates. New ...

Morning Market Wrap: Dollar sinks below $US0.7000

The Australian dollar sank below $US0.7000 overnight as the United States dollar swept to strength on the back of a resurgent US manufacturing sector. The Australian dollar slumped by nearly a full US cent in New York following manufacturing data at ...