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Economics

Market wrap

AAP  |  FRIDAY, 12 DEC 2014
The Australian share market is lower, pulled back by weakness among the major banks and the resources sector.

Australia according to Gov Glenn

BENJAMIN ONG  |  FRIDAY, 12 DEC 2014
"...what we should be doing is giving a message of stability and predictability insofar as we can. We can't be perfectly predictable because we don't know ourselves what is going to happen in the future."

Market wrap AM

AAP  |  FRIDAY, 12 DEC 2014
The Australian market looks set to open flat despite a surge on Wall Street where stocks rebounded from a sell-off in energy shares after positive retail and unemployment data came out.

Market wrap PM

AAP  |  THURSDAY, 11 DEC 2014
The Australian share market is lower, pulled back by the big miners and oil stocks.

Oil slide, CEO pay and that "income recession"

BENJAMIN ONG  |  THURSDAY, 11 DEC 2014
But nah, Australia is doomed! We're already in an "income recession" and wishing ourselves into that formal definition of one - two consecutive quarters of production contraction.

Market Wrap AM

AAP  |  THURSDAY, 11 DEC 2014
The Australian market looks set to open lower following Wall Street's fall of more than one per cent amid an energy stock sell-off after OPEC cut its forecast on 2015 demand for oil.

Market wrap PM

AAP  |  WEDNESDAY, 10 DEC 2014
The share market is lower as fresh concerns about political instability in Greece spooks markets around the world.

Bad tidings for Christmas

BENJAMIN ONG  |  WEDNESDAY, 10 DEC 2014
Bah, humbug! The negative news flow and speculations over the past 24 hours would, like ol' Ebenezer Scrooge, make you, I and Irene hate Christmas.

Market Wrap AM

AAP  |  WEDNESDAY, 10 DEC 2014
The Australian market looks set to open lower following Wall Street down as global stocks fall on concern over growth in China and potential political fallout in Greece.

Market wrap PM

AAP  |  TUESDAY, 9 DEC 2014
A sharp slide in oil prices and a weak lead from Wall Street has dragged the local share market lower.