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Economics

Market set for a steady start

AAP  |  MONDAY, 22 JUN 2015
The Australian market looks set for a steady start to the week, as Greece and European leaders continues to work towards ending the country's debt crisis.

Animal spirits may be playing with fire

DARREN SNYDER  |  FRIDAY, 19 JUN 2015
Animal spirits are playing a significant role in expenditure decisions by Australian firms even though rates of return and other influences may offer a more unbiased company position.

The unborn

BENJAMIN ONG  |  FRIDAY, 19 JUN 2015
Midnight's extension and that special eurozone leaders' summit on Monday suggest that both parties want to blink.

Market to open higher

AAP  |  FRIDAY, 19 JUN 2015
The Australian market looks set to open higher, after Wall Street stocks rose one per cent overnight.

Over-reliant bank lending slows OECD economic growth

DARREN SNYDER  |  THURSDAY, 18 JUN 2015
An over-reliance on bank lending poses risks to long-term growth in Australia, according a new report by the Organisation for Economic Co-operation and Development.

Mi problema su problema

BENJAMIN ONG  |  THURSDAY, 18 JUN 2015
But this time could be different, maybe. It's the end game. This time the cows will finally come home to roost (sorry for the mix metaphors). This time, the prospect of a Greek default and eventually, Grexit - and fears of a contagion - is more real.

Market to open flat

AAP  |  THURSDAY, 18 JUN 2015
The Australian market looks set for a fairly flat open after an up and down night on Wall Street.

Australia lagging in Asia-Pacific financial relationships

DARREN SNYDER  |  WEDNESDAY, 17 JUN 2015
Although the Asia-Pacific region represents about two-thirds of Australia's global trading relationships, the region accounts for less than one-third of Australia's financial relationships.

Eslake leaves Bank of America

LAURA MILLAN  |  WEDNESDAY, 17 JUN 2015
Bank of America Merrill Lynch (BoAML) chief economist Saul Eslake has left the organisation and a replacement has already been confirmed.

Bank stocks push share market higher

AAP  |  WEDNESDAY, 17 JUN 2015
The Australian share market is higher on strong leads from US and European markets, with the big banking stocks performing robustly in morning trade.