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Economics

D-day deferred

BENJAMIN ONG  |  WEDNESDAY, 26 OCT 2011
European officials will hold tonight's summit only to agree on when the next summit would be.

Market Wrap - Morning

AAP  |  WEDNESDAY, 26 OCT 2011
SYDNEY - The Australian market is set to open lower on Wednesday due to doubts European leaders will agree on a package to resolve Europe's escalating debt crisis.

Party in the making

BENJAMIN ONG  |  TUESDAY, 25 OCT 2011
We now have the makings of a party. We'll find out this Wednesday whether this party pushes through, is again postphoned for another day or, is aborted.

Market Report- Morning

AAP  |  TUESDAY, 25 OCT 2011
SYDNEY - The Australian market looks set to open higher, after Wall Street and the major Europen markets finished up overnight.

Somethin' good

BENJAMIN ONG  |  MONDAY, 24 OCT 2011
We're told that by 26 October 2011, the final solution would be revealed. Three things could happen this coming Wednesday.

Market Wrap - Midday

AAP  |  FRIDAY, 21 OCT 2011
The Australian share market was fairly flat at noon with gains among the banks cancelled out by falls in the stocks of many miners.

Work in no progress

BENJAMIN ONG  |  FRIDAY, 21 OCT 2011
The can has been kicked further down the road to nowhere.

Market Wrap - Morning

AAP  |  FRIDAY, 21 OCT 2011
The Australian dollar rose almost one US cent as traders position themselves in preparation for the weekend's crucial eurozone summit.

Market Wrap - Midday

AAP  |  THURSDAY, 20 OCT 2011
The Australian share market lost more ground during intra-day trading, with mining stocks falling on a negative outlook for iron ore prices.

Credit Suisse: Aus second highest average wealth in the world

CLAIRE MCGREAL  |  THURSDAY, 20 OCT 2011
Australia has the second highest average wealth in the world at US $397,000 behind only Switzerland with US $540,010.