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Economics

The Grinch is stealing Christmas

BENJAMIN ONG  |  TUESDAY, 9 DEC 2014
Oil's doing the limbo (how low can you go?). Brent oil dropped by 4.2% to a five-year low of US$66.14 a barrel; WTI oil's down 4.3% to US$63.04 per barrel, also a five-year low.

Market Wrap AM

AAP  |  TUESDAY, 9 DEC 2014
The Australian market looks set to follow US and international bourses downwards to open lower after disappointing Japanese and Chinese data.

Share market rallies on Murray report

AAP  |  MONDAY, 8 DEC 2014
The share market is stronger, with banks rallying on the Financial System Inquiry's recommendation that banks hold more capital.

Are we there now?

BENJAMIN ONG  |  MONDAY, 8 DEC 2014
The latest US jobs report may well be the start of a stronger virtuous cycle of greater job creation, higher consumer spending, stronger sales and profits, increased investment in structures, equipment and people and by extension, stronger economic growth.

Market Wrap AM

AAP  |  MONDAY, 8 DEC 2014
The Australian market looks set to open higher after Wall Street's Dow and S&P 500 reached fresh record highs on good jobs figures.

Financial System Inquiry recommendations wrap

STAFF WRITER  |  SUNDAY, 7 DEC 2014
The Financial System Inquiry (FSI) has made 44 recommendation to increase efficiency, resilience and fair treatment of the financial system. Read below the relevant recommendations for the superannuation, wealth management and funds management industries.

Market wrap

AAP  |  FRIDAY, 5 DEC 2014
The Australian share market has opened flat.

ECB came bearing no pre-Xmas cheer

BENJAMIN ONG  |  FRIDAY, 5 DEC 2014
Super Mario Draghi has deflated hopes that the ECB would be jingling their bells this side of Christmas.

Market Wrap AM

AAP  |  FRIDAY, 5 DEC 2014
The Australian market looks set to open flat after Wall Street fluctuated, not moving far from its previous records after the ECB stopped short of announcing new stimulus measures.

Market wrap

AAP  |  THURSDAY, 4 DEC 2014
The Australian share market has opened higher.