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Economics

Market Wrap AM

AAP  |  THURSDAY, 30 APR 2015
The Australian market looks set to open lower after Wall Street fell on news the US economy grew just 0.2 per cent in the first quarter.

Market wrap

AAP  |  WEDNESDAY, 29 APR 2015
The share market has opened lower as expectations of a delayed cut in interest rates weigh on the major banks.

A$ at 80c

BENJAMIN ONG  |  WEDNESDAY, 29 APR 2015
On the flipside, the A$ has shot up above US$0.80 overnight (US$0.8021) - the first time since January this year and is 6.5% up from the US$0.7533 touched about the same time as the greenback hit its highs in March.

Market Wrap AM

AAP  |  WEDNESDAY, 29 APR 2015
The Australian market looks set to open higher after Wall Street finished mostly higher.

Market wrap

AAP  |  TUESDAY, 28 APR 2015
The share market has retreated from the 6,000 point mark following a weak lead from Wall Street.

Retirees 'much worse' off: RBA

JASON CADDEN FOR AAP  |  TUESDAY, 28 APR 2015
Life is not going to get easier for self-funded retirees as record low interest rates force them to take on riskier investments, Reserve Bank governor Glenn Stevens says.

Govt should support pensioner reverse mortgage access: CIS

ALEX DUNNIN  |  TUESDAY, 28 APR 2015
The family home should be brought into the pension income test by requiring home-owning pensioners to take out a reverse mortgage, says the Centre for Independent Studies (CIS) in a new report.

That elusive 6000

BENJAMIN ONG  |  TUESDAY, 28 APR 2015
Another day, another crack at that round numbered psychological level (hurdle?) of 6,000 points.

Market Wrap AM

AAP  |  TUESDAY, 28 APR 2015
The Australian market looks set to open flat after Wall Street fell as investors awaited Apple earnings results and a Federal Reserve policy meeting.

No inflation but no growth either: Janus Capital

MARK SMITH  |  MONDAY, 27 APR 2015
The great quantitative easing experiment has escaped the high levels of inflation that many experts predicted it would bring, but it has also failed to bring much growth, says Janus Capital chief investment officer of equities and asset allocation Enrique ...