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Economics

Market wrap

AAP  |  THURSDAY, 29 NOV 2007
Australian shares have opened on the front foot from a strong Wall Street lead and renewed optimism in the local banks.

Market wrap - midday

AAP  |  WEDNESDAY, 28 NOV 2007
Australian shares were down marginally at midday as weaker base metal prices overshadowed a good lead from Wall Street.

Interest rates not the only monetary policy lever

ALEX DUNNIN  |  WEDNESDAY, 28 NOV 2007
With Australia's super system looking more and more like Singapore's every day, maybe it's time we also followed their lead in using contribution rates as a de facto monetary policy tool.

Market Wrap - Morning

AAP  |  WEDNESDAY, 28 NOV 2007
The Australian share market is expected to open lower with stock index futures in the red, however, the United States is pointing the way higher after Citigroup Inc got a $US7.5 billion ($A8.6 billion) capital injection from Abu Dhabi, adding to confidence ...

Market wrap - midday

AAP  |  TUESDAY, 27 NOV 2007
The Australian dollar was weaker at lunchtime today, with risk aversion plaguing the unit and the continued unwinding of carry trades.

Securitised assets get RAMmed

WWW.THESHEET.COM  |  TUESDAY, 27 NOV 2007
Just as RAMS Home Loans Group chairman announced the home lender was no longer a going concern, the Australian Bureau of Statistics (ABS) has released new figures confirming that securitised asset levels in Australia are contracting on the back of the ...

Market Wrap - Morning

AAP  |  TUESDAY, 27 NOV 2007
The Australian share market is expected to open lower after financial stocks fell in New York amid rising investor concern about mortgage defaults and lower consumer spending during the holiday shopping season.

Market wrap - midday

AAP  |  MONDAY, 26 NOV 2007
Australian shares were higher in morning trade, with a rally in the resources sector pushing up the local bourse.

Market Wrap - Morning

AAP  |  MONDAY, 26 NOV 2007
The Australian share market is expected to open higher on firmer commodity prices and a positive lead from Wall St. At 0730 AEDT on the Sydney Futures Exchange, the December share price index was up 86 points at 6440.

Market Wrap - Midday

AAP  |  FRIDAY, 23 NOV 2007
The Australian share market was little changed at noon amid subdued trading, with Wall Street closed for the Thanksgiving holiday and investors sitting on the fence ahead of tomorrow's federal election.