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Economics

Economic round-up: Greenspan versus the poet

SUZY MAC  |  WEDNESDAY, 13 JUN 2007
While China's Premier Wen Jiabao relies on the economic advice of a poet, America's former Federal Reserve Chairman, Alan Greenspan, protests he has less influence than he's given credit for with his economic observations.

Market wrap - morning

AAP  |  WEDNESDAY, 13 JUN 2007
A sharp drop in base metal prices and Wall Street stocks are expected to drive the Australian share market down when it opens this morning. At 0653 AEST on the Sydney Futures Exchange, the June share price index was down 76 points to 6175.

Market wrap - midday

AAP  |  TUESDAY, 12 JUN 2007
The Australian share market remained higher at noon after a robust opening this morning. At 1200 AEST, the S&P/ASX200 Index rose 42.6 points to 6274.3, while the all ordinaries gained 43.7 points to 6302.1.

Economic round-up: Kiwis at war with inflation

SUZY MAC  |  TUESDAY, 12 JUN 2007
New Zealand takes the award for the highest interest rates in the developed world, as the RBNZ jacked-up the official cash rate to a mammoth 8 per cent, sending a jolt through their export sector and financial markets.

Market wrap - morning

AAP  |  TUESDAY, 12 JUN 2007
The Australian share market is expected to shrug off a neutral lead from Wall Street and open higher on the back of strong base metal prices. At 0808 AEST on the Sydney Futures Exchange, the June share price index was up 56 points to 6280.

Market wrap - midday

AAP  |  FRIDAY, 8 JUN 2007
Australian stocks have extended their slide, with interest rate fears cutting into banks, commodity prices putting pressure on resource plays and a weak lead from Wall St also dampening sentiment. At 1200 AEST, the benchmark S&P/ASX200 Index shed 100 ...

Economic round-up: dust off the bear suit

SUZY MAC  |  FRIDAY, 8 JUN 2007
Since 2003 we've been enjoying a period of astonishingly unswerving and powerful market returns, however there is more and more talk among market analysts that it could be time to get that bear suit dry-cleaned ready for another wear.

Market wrap - morning

AAP  |  FRIDAY, 8 JUN 2007
The Australian share market is expected to fall again following a third day of losses on Wall St, and continued weakness in commodity prices. At 0648 AEST on the Sydney Futures Exchange, the June share price index was down 92 points to 6224.

Market wrap - midday

AAP  |  THURSDAY, 7 JUN 2007
The Australian share market stayed lower at noon after a sharp fall overnight in US stocks and fears of future interest rate rises. At 1200 AEST, the S&P/ASX200 Index was down 57.3 points to 6279.8 and the all ordinaries was 58.5 points lower at 6308.9.

Economic round-up - Baby take a bow

SUZY MAC  |  THURSDAY, 7 JUN 2007
Federal Treasurer Peter Costello must be preparing for curtain calls on his economic management performance as solid household consumption and a rush of business investment have driven Australia's economic expansion rate to its strongest levels in three ...