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Economics

Market wrap

AAP  |  THURSDAY, 8 SEP 2011
The Australian market looks set to open higher, continuing Wednesday's local upward trend and after strong rallies overseas.

Market Wrap - Midday

AAP  |  WEDNESDAY, 7 SEP 2011
Australian shares were higher at noon, building on gains from early trade, with the materials and financials sectors leading the market.

Inflation not currency worrying the RBA

ALEX DUNNIN  |  WEDNESDAY, 7 SEP 2011
Anyone who thinks the Reserve Bank was about to cave into pressure for lower interest rates to take the heat off the AUD should read their rates decision statement from yesterday because it seems they were closer to lifting them than they were to lowering ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 7 SEP 2011
The Australian market could open higher, bucking the lead of overseas markets which all fell overnight.

Market Wrap - Midday

AAP  |  TUESDAY, 6 SEP 2011
The Australian dollar was lower at noon, amid quiet trading conditions as market players waited for this afternoon's interest rate decision from the local central bank.

Trouble building in the housing market

ALEX DUNNIN  |  TUESDAY, 6 SEP 2011
Australia's housing market continues to confound, not because it's expensive in world terms but because of the disconnect between people naively hoping for price reductions and everybody else complaining we aren't building them fast enough.

Market Wrap - Morning

AAP  |  TUESDAY, 6 SEP 2011
The Australian market looks set to open lower after European and Asian markets fell overnight.

Market Wrap - Midday

AAP  |  MONDAY, 5 SEP 2011
Australian shares were weaker at noon, extending losses from early trade as disappointing US jobs data continued to take its toll on stocks.

It's official, Rudd saved Australia

ALEX DUNNIN  |  MONDAY, 5 SEP 2011
It is being reported today that Treasury believe it was really former prime minister Kevin Rudd who saved Australia from the GFC and not the mining industry, but before we get too excited the analysis simply confirms that we don't just have a two-speed ...

Market Wrap - Morning

AAP  |  MONDAY, 5 SEP 2011
The Australian dollar was trading around one US cent lower on Monday morning, weakened by last week's poor US economic news.