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Economics

Economic round-up: Creaming cheese exports

SUZY MAC  |  THURSDAY, 5 JUL 2007
With our Aussie dollar flirting around the US86¢ mark, it's keeping a lid on inflation but exporters, except those sending cream cheese to Korea, are really feeling the bite.

Market wrap - morning

AAP  |  THURSDAY, 5 JUL 2007
The Australian share market is likely to open relatively flat this morning, after thinner global trading overnight due to the close of US markets.

Market wrap - midday

AAP  |  WEDNESDAY, 4 JUL 2007
The Australian share market was flat at noon after the Reserve Bank of Australia left interest rates unchanged, metal trade was patchy and Wall Street pulled off a strong overnight performance.

Economic round-up: Another day, another record

SUZY MAC  |  WEDNESDAY, 4 JUL 2007
As our dollar continues challenging its own records, and puts the squeeze on smaller mining companies, soaring takeover activity sees Australia join a world gone M&A mad.

Market wrap - morning

AAP  |  WEDNESDAY, 4 JUL 2007
The Australian share market is likely to open marginally higher this morning ahead of a decision today on interest rates by the Reserve Bank of Australia. Today's higher opening is anticipated ahead of a strong day of Wall Stret trade and a fall of most ...

Market wrap - midday

AAP  |  TUESDAY, 3 JUL 2007
The Australian share market opened strongly this morning, spurred on by a strong Wall Street lead and a healthy lift in most metal prices. The Coles takeover also is expected to be a major driver in today's trading.

Economic round-up: Currency and commodities

SUZY MAC  |  TUESDAY, 3 JUL 2007
The Aussie dollar just fell short of US86¢ overnight, supported by interest rate speculation, yen-funded carry trade activity and a commodities boom that is now tipped to plateau.

Market wrap - morning

AAP  |  TUESDAY, 3 JUL 2007
The Australian share market is set to open higher this morning, fuelled by a healthy lift in most of the base metal prices and a positive day of Wall Street trading. At 0757 AEST on the Sydney Futures Exchange, the September share price index was 55 ...

Market wrap - midday

AAP  |  MONDAY, 2 JUL 2007
The Australian share market was lower at noon, in a quiet day of trading on the first day of the new financial year, after a weak Wall Street lead and mixed metal prices. At 1200 AEST, the benchmark S&P/ASX200 Index fell 0.9 points to 6,274, while the ...

Economic round-up: Raging bull

SUZY MAC  |  MONDAY, 2 JUL 2007
As the Australian stock market finishes what has been the best financial year of the past 20, a spectacular amount of cash has been floating around looking for somewhere to set up house.