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Economics

Market wrap - midday

AAP  |  WEDNESDAY, 2 JUL 2008
The Australian share market remained weaker at noon as losses in the resources sector continued to weigh, although banking stocks recovered.

Rates on hold thanks to oil prices

ALEX DUNNIN  |  WEDNESDAY, 2 JUL 2008
High oil prices is causing inflation to rise to nearly 5 per cent but at least they helped convince the Reserve Bank to not lift interest rates.

Market Wrap - Morning

AAP  |  WEDNESDAY, 2 JUL 2008
The Australian share market is likely to open higher today tracking US markets which gained overnight.

Market Wrap - Midday

AAP  |  TUESDAY, 1 JUL 2008
The Australian share market remained weaker at noon, as banking stocks lost ground on the first trading day of the new financial year.

Sovereign bonds bouncing back

ALEX DUNNIN  |  TUESDAY, 1 JUL 2008
Asia Pacific sovereign bond issues, which slowed dramatically during 2007, have recovered lost ground with A$11 billion in new issues in the last six months.

Market Wrap - Morning

AAP  |  TUESDAY, 1 JUL 2008
The Australian share market is expected to open higher today after the the Dow and S&P 500 finished slightly stronger on Wall Street overnight.

Market wrap - midday

AAP  |  MONDAY, 30 JUN 2008
The Australian share market remained in positive territory at noon as strong commodity prices powered resources stocks.

NZ economy goes negative

ALEX DUNNIN  |  MONDAY, 30 JUN 2008
Just as Australian fund managers turn their attention towards New Zealand as they try to take advantage of Kiwisaver and NZ Super, the land of the long white cloud has dipped into negative economic growth and looks set to fall into recession.

Market Wrap - Morning

AAP  |  MONDAY, 30 JUN 2008
The Australian share market is expected to open lower after Wall Street fell on concerns that record oil prices and the seemingly endless credit crisis will further damage the economy.

Market Wrap - Midday

AAP  |  FRIDAY, 27 JUN 2008
The Australian share market was a sea of red at noon, with banking stocks and the big miners losing ground on the back of a weak US lead and a surge in the oil price.