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Economics

Market Wrap - Morning

AAP  |  MONDAY, 5 NOV 2007
The Australian share market is likely to open higher today, after a positive ending to Friday's trade in New York.

Deck the halls with interest rate hikes

SUZY MAC  |  FRIDAY, 2 NOV 2007
Looks like the May budget's tax cuts have poured straight into cash registers as retail spending data has shown a blow-out that has the market not just certain Cup Day will win us a rate hike but there will likely be another one under the Christmas tree.

Market Wrap - Midday

AAP  |  FRIDAY, 2 NOV 2007
Australian shares continued to take losses at noon, following a sharp fall on Wall Street overnight after brokerages downgraded Citigroup and Bank of America.

Market Wrap - Morning

AAP  |  FRIDAY, 2 NOV 2007
The Australian market is expected to open to sharp losses, weighed down by weak base metal prices and a poor result on Wall Street.

Market Wrap - Midday

AAP  |  THURSDAY, 1 NOV 2007
The Australian stock market had hit new highs at noon, boosted by the US Federal Reserve interest rate cut overnight and stronger metals and oil prices.

A tale of two currencies

SUZY MAC  |  THURSDAY, 1 NOV 2007
Despite China's strong influence, Australia's currency if not our economy still seems joined at the hip with the US, and the latest Federal Reserve rate cut can be expected to have a substantial knock on effect at home.

Market Wrap - Morning

AAP  |  THURSDAY, 1 NOV 2007
The Australian stock market is expected to open higher following a strong performance on Wall Street overnight, higher prices in base metals and in precious metals, and a new record high for oil in New York.

Market Wrap - Midday

AAP  |  WEDNESDAY, 31 OCT 2007
The Australian share market recovered somewhat from its lower opening to be down just slightly at noon after a weak lead overnight from Wall Street.

That four-letter word

SUZY MAC  |  WEDNESDAY, 31 OCT 2007
Debt is becoming a colossal problem in Australian and we seem to be losing the battle to pay it as defaults across credit card debt, personal loans and mortgages have risen nationally by 35.5 per cent.

Market Wrap - Morning

AAP  |  WEDNESDAY, 31 OCT 2007
The Australian stock market is expected to open down with a weak lead from Wall Street compounded by lower base metal prices.