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Economics

Market Wrap - Midday

AAP  |  FRIDAY, 8 AUG 2008
The Australian stock market was lower at noon, weighed down by the resources and banking sectors.

Market Wrap - Morning

AAP  |  FRIDAY, 8 AUG 2008
The Australian stock market is expected to open lower today as recent US optimism ebbed and oil reversed its recent decline.

Market Wrap - Midday

AAP  |  THURSDAY, 7 AUG 2008
The Australian stock market was up slightly at noon, weighed down by the banking sector.

Eyes on the labour market

BENJAMIN ONG  |  THURSDAY, 7 AUG 2008
The Australian Bureau of Statistics will release the Australian Labour Force report today. Market expectations centre on a meager 5K increase in jobs in July and the unemployment rate to rise to 4.3 percent.

Market Wrap - Morning

AAP  |  THURSDAY, 7 AUG 2008
The Australian stock market is expected to open relatively flat today, but may rise slightly after oil continued to slide.

Market Wrap - Midday

AAP  |  WEDNESDAY, 6 AUG 2008
The Australian stock market was up at noon as News Corporation Ltd reported robust fourth-quarter and full-year results.

Fed does an RBA

BENJAMIN ONG  |  WEDNESDAY, 6 AUG 2008
The RBA did not disappoint market expectations and announced no change in the official interest rate of 7.25 percent while markets interpreted the RBA's accompanying statement as an indication that an interest rate reduction is in the offing.

Market Wrap - Morning

AAP  |  WEDNESDAY, 6 AUG 2008
The Australian stock market is expected to gain after US equities rose.

Market Wrap - Midday

AAP  |  TUESDAY, 5 AUG 2008
The Australian stock market was languishing at a 32-month low at noon as fears of slowing global growth lowered commodity prices and hammered the resources sector.

RBA rate cut?

BENJAMIN ONG  |  TUESDAY, 5 AUG 2008
Financial markets remain convinced that the RBA will hold rates at a 12-year high of 7.25 percent after its meeting today. However, recent data showing that domestic economic conditions are deteriorating have prompted some to speculate that an interest ...