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Economics

Market Wrap - Morning

AAP  |  FRIDAY, 21 SEP 2007
The Australian sharemarket is expected to open lower today after a weak lead from Wall Street, as surging oil prices and a tumbling dollar rekindled inflation worries.

Market Wrap - Midday

AAP  |  THURSDAY, 20 SEP 2007
The Australian sharemarket remained firm at noon, although not as strong as early morning trade, after the US markets were again boosted by the US Federal Reserve's aggressive rate cut two nights ago.

Australia is Asia's biggest investment market

SUZY MAC IS ON LEAVE  |  THURSDAY, 20 SEP 2007
As Australia re-launches its financial services export drive, it's worth reminding ourselves where we sit in the world's pecking order.

Market Wrap - Morning

AAP  |  THURSDAY, 20 SEP 2007
The Australian sharemarket is expected to open higher today following a healthy lead from Wall Street and from international metals prices, both buoyed by the US interest rates.

Market Wrap - Midday

AAP  |  WEDNESDAY, 19 SEP 2007
The Australian stock market has been buoyed by a big cut in interest rates in the United States which has helped ease fears that the US economy could slip into recession.

Credit crunch shows banks still lead the system

SUZY MAC IS ON LEAVE  |  WEDNESDAY, 19 SEP 2007
While central banks having to provide lines of credit to lenders as a result of the credit crunch is dragging the banking sector into the crisis, it shows how institutional investors are still as a group too weak to not require banks to lead them, said ...

Market Wrap - Morning

AAP  |  WEDNESDAY, 19 SEP 2007
The Australian sharemarket is expected to open sharply higher following a strong lead from Wall Street and from international metals prices, both buoyed by the US Federal Reserve interest rates cut.

Market Wrap - Midday

AAP  |  TUESDAY, 18 SEP 2007
The Australian sharemarket was deep in the red at noon with the financials taking a beating amid renewed debt market concerns.

Credit crunch driving recession fears

SUZY MAC IS ON LEAVE  |  TUESDAY, 18 SEP 2007
The US sub-prime crisis is stretching its tentacles across the globe and is starting to reach mortgage borrowers as far afield as Australia and in the UK.

Market Wrap - Morning

AAP  |  TUESDAY, 18 SEP 2007
The Australian sharemarket is expected to open lower today after a weak lead from Wall Street overnight, although oil prices rose to another record.