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Economics

Gold's no longer gold

BENJAMIN ONG  |  TUESDAY, 21 JUL 2015
There were a number of rationales put forth to explain gold's price rise and why it would continue to soar into the stratosphere.

Market to open higher

AAP  |  TUESDAY, 21 JUL 2015
The Australian market looks set to open higher after gains on US and European markets after Greece made massive loan repayments to creditors and reopened its banks.

A$ down but would it stay down?

BENJAMIN ONG  |  MONDAY, 20 JUL 2015
"A 10 percent appreciation in one quarter shaves 0.5 percentage point off GDP growth over one year and an additional 0.2 percentage point in the following year if the strength of the dollar persists."

Market to open flat

AAP  |  MONDAY, 20 JUL 2015
The Australian market looks set to open flat following mixed performances on US and European markets after a revamped Greek government took over in an effort to enforce tough fiscal reforms that accompany a third bailout deal.

Share market's rally comes to an end

AAP  |  FRIDAY, 17 JUL 2015
The share market has opened lower despite further efforts to prop up Greece and its banks.

Fed lady sings (the same old song)

BENJAMIN ONG  |  FRIDAY, 17 JUL 2015
"If the economy evolves as we expect, economic conditions likely would make it appropriate at some point this year to raise the federal funds rate target." Choowareewareewa!

CFOs more optimistic in second quarter

DARREN SNYDER  |  THURSDAY, 16 JUL 2015
Several influences are creating more positive levels of business confidence among CFOs.

Round and round we go

BENJAMIN ONG  |  THURSDAY, 16 JUL 2015
It was predicated on a China bust that would take down commodity prices that not even ever so lower interest rates could save Australia. Woe is us!

Lift-off on Carney's mind

BENJAMIN ONG  |  WEDNESDAY, 15 JUL 2015
"The point at which interest rates may begin to rise is moving closer with the performance of the economy, consistent growth above trend, a firming in domestic costs, counterbalanced somewhat by disinflation imported from abroad."

Market up at midday on Greek relief

AAP  |  TUESDAY, 14 JUL 2015
The Australian share market continues to rally strongly as the Greek debt crisis appears to move towards resolution.