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Economics

Capex & Credit at the forefront

BENJAMIN ONG  |  SUNDAY, 24 AUG 2008
Australian second quarter actual and planned investment spending and private sector credit figures for July are the key economic releases for the domestic market this week.

Market Wrap - Midday

AAP  |  FRIDAY, 22 AUG 2008
The Australian share market was close to one per cent higher at noon after shaky financial stocks changed direction to add to strong gains in the resources sector.

Dovish RBA minutes

BENJAMIN ONG  |  FRIDAY, 22 AUG 2008
As expected, the minutes of the Reserve Bank of Australia's monetary policy meeting held on 5 August reiterated earlier RBA comments suggesting that there is scope to lower interest rates given the slowdown in demand in the Australian economy.

Market Wrap - Morning

AAP  |  FRIDAY, 22 AUG 2008
The Australian stock market is expected to open flat today after a mixed lead from the US, although the futures index in Sydney was higher.

Market Wrap - Midday

AAP  |  THURSDAY, 21 AUG 2008
The Australian share market was lower at noon by less than one per cent, with utilities and financials the main laggards.

Lower, higher, steady

BENJAMIN ONG  |  THURSDAY, 21 AUG 2008
Speculation mounts that the RBA is set to lower Australian interest rates but in the US, Fed officials are making noises for interest rates to be raised and in the UK, the BoE does not know which way to jump.

Market Wrap - Morning

AAP  |  THURSDAY, 21 AUG 2008
The Australian stock market is expected to open higher today after US stocks had a moderate gain overnight.

Market Wrap - Midday

AAP  |  WEDNESDAY, 20 AUG 2008
The Australian share market was slightly higher at noon led by the resources sector.

Peak oil bigger problem than climate change

ALEX DUNNIN  |  WEDNESDAY, 20 AUG 2008
Peak oil is a much more immediate problem than climate change, delegates at a Finsia seminar heard yesterday.

The saga continues

BENJAMIN ONG  |  WEDNESDAY, 20 AUG 2008
Data released overnight shows a continued decline the US housing market, price pressures remain and its financial sector problems have not gone away.