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Economics

Market Wrap - Midday

AAP  |  FRIDAY, 5 SEP 2008
The Australian share market was over two per cent lower at noon, led by the banks, after US stocks dropped overnight on renewed concerns about the economy.

US payrolls jitters

BENJAMIN ONG  |  FRIDAY, 5 SEP 2008
Concerns over the global economy re-emerged after a worse-than-expected initial jobless claims data led to speculation that tomorrow's US payrolls report could be weaker-than-expected.

Market Wrap - Morning

AAP  |  FRIDAY, 5 SEP 2008
The Australian stock market is likely to fall today after equities in the US slumped overnight on renewed concerns about the economy, as reports showed retail sales and employment are weakening.

Market Wrap - Midday

AAP  |  THURSDAY, 4 SEP 2008
The Australian stock market was down at noon, with energy and mining stocks lower on the back of falling oil and gold prices.

Weak growth confirms RBA cut

BENJAMIN ONG  |  THURSDAY, 4 SEP 2008
The latest National Accounts figures gave credence to the Reserve Bank of Australia's decision to lower the official cash rate by 25 basis points to 7 per cent.

Market Wrap - Morning

AAP  |  THURSDAY, 4 SEP 2008
The Australian stock market may rise slightly today after US equities were mixed but little changed overnight and commodities, too, were mixed, with oil and gold falling and copper gaining.

Market Wrap - Midday

AAP  |  WEDNESDAY, 3 SEP 2008
The Australian share market was lower at noon, dragged down by resources stocks affected by falling commodity prices and a weak US lead.

ETS or carbon tax, still same problem

ALEX DUNNIN  |  WEDNESDAY, 3 SEP 2008
Whether or not the Australian ETS evolves into a carbon tax, businesses are now recognising that reducing carbon emissions is a mainstream economic issue that presents investment opportunities.

Market Wrap - Morning

AAP  |  WEDNESDAY, 3 SEP 2008
The Australian stock market may decline today after US equities and commodities declined overnight.

Market Wrap - Midday

AAP  |  TUESDAY, 2 SEP 2008
The Australian share market was stronger at noon, buoyed by financial stocks in the lead-up to a widely expected cut in official interest rates by the Reserve Bank of Australia this afternoon.