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Economics

Market wrap

AAP  |  FRIDAY, 6 FEB 2015
The Australian sharemarket is trading higher for a record 12th trading session in a row, boosted by a rise in oil prices.

Push to end US Congressional pensions

ALEX DUNNIN  |  FRIDAY, 6 FEB 2015
Claims that US politicians are out of touch with ordinary Americans have led a group of conservative Republicans to sponsor a bill to end Congressional pensions and force politicians to save for their own retirement just like everyone else.

Currency warriors, mount horses and draw swords

BENJAMIN ONG  |  FRIDAY, 6 FEB 2015
But they better produce positive effects on their respective economies before America is beggared by their collective actions.

Market Wrap AM

AAP  |  FRIDAY, 6 FEB 2015
The Australian market looks set to open higher following a strong lead from Wall Street on the back of rebounding oil prices.

Market wrap

AAP  |  THURSDAY, 5 FEB 2015
The share market is flat as falls by energy and mining stocks offset gains in the financial sector.

Easing here, there and everywhere

BENJAMIN ONG  |  THURSDAY, 5 FEB 2015
Just a day after the Reserve Bank of Australia (RBA) joined the central bank surprise club and two days after I typed on this space "and what about China?", the People's Bank of China (PBOC) delivered its own.

Market Wrap AM

AAP  |  THURSDAY, 5 FEB 2015
The Australian market looks set to open flat, following a weaker lead from Wall Street with US stocks fluctuating as oil prices again fall.

Market Wrap PM

AAP  |  WEDNESDAY, 4 FEB 2015
The share market is set for a tenth straight day of gains as rebounding oil prices lift energy and mining stocks.

Majority wrong

BENJAMIN ONG  |  WEDNESDAY, 4 FEB 2015
Maybe not for the six sages, but the writing was not on the wall nor was it "forward guided" in the RBA statements so I can't help but wonder what did it for Gov Glenn?

Market Wrap AM

LAURA MILLAN  |  WEDNESDAY, 4 FEB 2015
The Australian market looks set to open higher after the Reserve Bank cut interest rates to a new record low and oil prices rebounded.