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Economics

Market Wrap

AAP  |  WEDNESDAY, 30 OCT 2013
Australian stocks have opened higher after Wall Street's Dow Jones and S&P 500 both hit fresh record highs.

Prayin' for a taperin'

BENJAMIN ONG  |  WEDNESDAY, 30 OCT 2013
Talk about being stuck between a rock and hard place. Governor Glen Stevens can't raise interest rates because it could send the overvalued A$ even higher and further slow the slowing economy. He couldn't lower interest rates further without blowing ...

Market Wrap AM

AAP  |  WEDNESDAY, 30 OCT 2013
The Australian market looks set to open higher following gains on Wall Street as traders reacted to company earnings updates and US economic data ahead of the Federal Reserve's policy meeting.

Investment still lagging despite confidence surge: RBA

LAURA MILLAN  |  TUESDAY, 29 OCT 2013
The surge in consumer and business confidence in the last two months is yet reap investment rewards, with the business community remaining subdued, Reserve Bank of Australia (RBA) Governor Glenn Stevens said this morning.

Market Wrap

AAP  |  TUESDAY, 29 OCT 2013
The Australian market has opened lower following a run of gains, an absence of more positive drivers and flat offshore leads overnight.

Savings trap

BENJAMIN ONG  |  TUESDAY, 29 OCT 2013
Saving is good. But your saving is my income foregone. When everybody saves, everybody loses.

Market Wrap

AAP  |  MONDAY, 28 OCT 2013
The Australian sharemarket has started the week strongly with the ASX200 trading at its highest level for the year.

Taper trap

BENJAMIN ONG  |  MONDAY, 28 OCT 2013
The experience of the May to September taper speculation suggests that the US Federal Reserve may have trapped itself not to taper?forever.

Market Wrap AM

AAP  |  MONDAY, 28 OCT 2013
The Australian market looks set to open higher following gains on Wall Street driven by better-than-expected earnings from Amazon and Microsoft and solid results from Procter & Gamble and UPS.

US stimulus having no direct impact

MARK SMITH  |  FRIDAY, 25 OCT 2013
Quantitative easing is having little direct impact on the market, according to Cato Institute senior fellow Dr William Poole.