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Economics

Today's the day

BENJAMIN ONG  |  TUESDAY, 2 SEP 2008
The Reserve Bank of Australia (RBA) will convene its monthly Board meeting at 9:30 AM today. By 2:30 PM, financial markets will either get confirmation or disappointment on several weeks of speculation that the RBA will lower the official cash rate from ...

Market Wrap - Morning

AAP  |  TUESDAY, 2 SEP 2008
A falling oil price in electronic trading in New York overnight may boost the Australian stock market today, although it may also have a constraining effect on energy stocks.

ETS is upside down

ALEX DUNNIN  |  MONDAY, 1 SEP 2008
If Australia wants its emissions trading system (ETS) to be effective in reducing the nation's greenhouse gas output, it should penalise emissions consumption not its production.

Market Wrap - Midday

AAP  |  MONDAY, 1 SEP 2008
The Australian equities market was down at midday, following falls on Wall Street on Friday.

Three steadies and a cut

BENJAMIN ONG  |  MONDAY, 1 SEP 2008
Four of the world's major central banks will hold monetary policy meetings this week. Only the RBA is expected to lower rates, the rest are forecast to leave rates unchanged.

Market Wrap - Morning

AAP  |  MONDAY, 1 SEP 2008
The Australian stock market has received negative leads from Wall Street on Friday, although in a special trading session on in New York yesterday, oil rose again in anticipation of Hurricane Gustav making landfall in the continental US.

Market Wrap - Midday

AAP  |  FRIDAY, 29 AUG 2008
The Australian equities market was up at noon on the back of financials, property trusts and healthcare, although the utility and gold sectors played laggards.

Rate cut? maybe not

BENJAMIN ONG  |  FRIDAY, 29 AUG 2008
An RBA rate cut next week risks reversing the central bank's good work in keeping the trajectory of economic growth and inflation on a relatively even keel.

Market Wrap - Morning

AAP  |  FRIDAY, 29 AUG 2008
The Australian stock market is expected to open stronger after US stocks gained for a third day overnight, led by manufacturers and financial companies.

Market Wrap - Midday

AAP  |  THURSDAY, 28 AUG 2008
The Australian share market was stronger at noon as resources and financial companies led the charge after a strong US lead overnight.