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Economics

Market Wrap - Morning

AAP  |  TUESDAY, 25 MAR 2008
The Australian sharemarket has received mixed leads from overseas. The local market is expected to be buoyed by a strong lead from Wall Street overnight but dragged down by base metal prices which ended lower on the London Metal Exchange on Thursday.

Market wrap - midday

AAP  |  THURSDAY, 20 MAR 2008
Australian stocks were 2.8 per cent lower at noon on a shortened trading day as big falls in the price of oil and gold and weaker industrial metal prices hammered resources stocks.

Climate change rhetoric unsustainable

ALEX DUNNIN  |  THURSDAY, 20 MAR 2008
The reaction to the proposed plastic bag levy and expected energy price rises due to having to pay for carbon output shows Australia may not be as committed to sustainability as we claim to be.

Market Wrap - Morning

AAP  |  THURSDAY, 20 MAR 2008
The Australian share market is expected to open lower following slides in commodity prices, particularly oil and gold, while investors in New York took profits following the US Federal Reserve-induced rally on Tuesday.

Market Wrap - Midday

AAP  |  WEDNESDAY, 19 MAR 2008
Australian stocks remained firmly in the black at noon after the US Federal Reserve's 75 basis point interest-rate cut and solid results from two major investment banks.

Time to get radical: IMF

ALEX DUNNIN  |  WEDNESDAY, 19 MAR 2008
In September when the sub-prime mess began unfolding, the big worry was whether it would spill over to the real economy. The International Monetary Fund (IMF) thinks this may now be happening and has taken the problem to a whole new level requiring serious ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 MAR 2008
The Australian share market is expected to open sharply higher as Wall Street surged after The Federal Reserve Bank (Fed) cut its main lending rate by three-quarters of a percentage point to 2.25 per cent.

Market wrap - midday

AAP  |  TUESDAY, 18 MAR 2008
The Australian share market was higher at noon, boosted by financials and the prospect of another interest rate cut in the United States later tonight.

Broadacre price boom

ALEX DUNNIN  |  TUESDAY, 18 MAR 2008
Grain prices climbing to record levels, combined with encouraging rainfall, is stirring excitement in the agribusiness sector for farmers and investors.

Market Wrap - Morning

AAP  |  TUESDAY, 18 MAR 2008
The Australian share market is expected to open higher according to the March SPI futures index, and after New York staged a late rally to come back from falls that followed the Bear Sterns fire sale.