Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

Economic round-up: Going broke going for broke

SUZY MAC  |  WEDNESDAY, 30 MAY 2007
Contrary to the popular belief that working families have never been better off, the latest bankruptcy and first homebuyer affordability figures tell us there is growing pressure on both families and the economy.

Market wrap - morning

AAP  |  WEDNESDAY, 30 MAY 2007
The Australian market is expected to open lower, shrugging off a positive US lead and mixed commodity prices. On the Sydney futures exchange, the June share price index was down five points at 6320.

Market wrap - midday

AAP  |  TUESDAY, 29 MAY 2007
The Australian share market opened stronger with the major miners, along with a mixed bag of stocks, pushing shares higher overall. With the most of the world's major markets closed overnight for public holidays, the market overall was quiet while waiting ...

Market wrap - morning

AAP  |  TUESDAY, 29 MAY 2007
The Australian market is expected to open lower this morning with most of the world's major markets closed on Monday due to public holidays. At 0818 AEST, on the Sydney Futures Exchange, the June share price index was down seven points at 6265.

Market wrap - midday

AAP  |  MONDAY, 28 MAY 2007
The Australian market has bounced back from last week's period of consolidation, driven by a lead from Wall Street and strong base metals prices. At 1015 AEST, the benchmark S&P/ASX200 Index had gained 39.7 points to 6,292.5. The all ordinaries rose ...

Market wrap - morning

AAP  |  MONDAY, 28 MAY 2007
The Australian market is expected to open higher on a positive US lead and stronger commodity prices.

Market wrap - midday

AAP  |  FRIDAY, 25 MAY 2007
The Australian market continued along a downward trajectory from Thursday after opening lower from weak base metal prices and a poor lead from Wall Street. At 1015 AEST, the benchmark S&P/ASX200 index had dropped 49.3 points to 6,229.8.

Economic round-up: Chinese whispers and inflation rumbles

SUZY MAC  |  FRIDAY, 25 MAY 2007
Comments by former US Federal Reserve Chairman, Alan Greenspan, over China's "unsustainable" market weighed heavily on the Australian dollar yesterday, while the OECD flagged a threat to our inflation.

Market wrap - morning

AAP  |  FRIDAY, 25 MAY 2007
The market is expected to open with heavy losses, with weak base metal prices and poor lead from Wall Street expected to take a toll. At 0703 AEST, the June share price index was down 59 points or 0.94 per cent, at 6239.

Market wrap - midday

AAP  |  THURSDAY, 24 MAY 2007
The Australian dollar was stronger at noon after being driven higher in early trade by offshore currency movements.