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Economics

Market wrap - morning

AAP  |  MONDAY, 21 MAY 2007
The Australian market is expected to open with sharp gains, after a record close on Wall Street on Friday and stronger base metal prices.

Market wrap - midday

AAP  |  FRIDAY, 18 MAY 2007
Diving metals prices sent the Australian share market lower after yesterday's record close, with the miners taking the biggest hits. At 1200 AEST, the benchmark S&P/ASX200 Index was down 45.3 points at 6320.6, while the all ordinaries also went south ...

Economic round-up: Bank fee jump is our fault, not theirs

ALEX DUNNIN  |  FRIDAY, 18 MAY 2007
Banks are right now being attacked because of the 6 per cent or $10 billion increase in their fee revenues that is showing up in their profit results, but the fee jump reflects changes in the economy and how we use banks rather than fee gouging.

Market wrap - morning

AAP  |  FRIDAY, 18 MAY 2007
The local market will likely open weaker with New York finishing lower and industrial metals prices plunging, with copper dropping to a six-week low on the London Metal Exchange. At 0755 AEST on the Sydney Futures Exchange, the June share price index ...

Market wrap - midday

AAP  |  THURSDAY, 17 MAY 2007
A record close on Wall St lifted the Australian sharemarket into positive territory, with the banks and the miners again leading the way. At 1200 AEST, the benchmark S&P/ASX200 Index was up 33.6 points at 6328.2, while the all ordinaries also gained ...

Economic round-up: Money cant buy you love

SUZY MAC  |  THURSDAY, 17 MAY 2007
It would seem the Government's tax cuts and economic performance may not buy votes after all, according to Newspoll market research, as despite Australian consumers being happier than ever since the Whitlam Government began to implode they still don't ...

Market wrap - morning

AAP  |  THURSDAY, 17 MAY 2007
The local market will likely take direction from New York, despite base metals heading lower on the London Metal Exchange. At 0803 AEST on the Sydney Futures Exchange, the June share price index contract was up 34 points to 6,341, on a volume of 1,855 ...

Market wrap - midday

AAP  |  WEDNESDAY, 16 MAY 2007
A record close on Wall St and stronger commodity prices failed to lift the Australian sharemarket into positive territory by midday, despite a strong start to the day. The local bourse started the day in positive territory, but was driven back by falls ...

Mining may halt but football endures

SUZY MAC  |  WEDNESDAY, 16 MAY 2007
As the Federal Government commits $17 million in water saving devices for Scout halls across Australia, the water shortage crisis has been revealed as far worse than previously reported. Along with farmers, mining and other water-intensive industries ...

World first index monetises climate change risk

CHRIS NICHOLLS  |  WEDNESDAY, 16 MAY 2007
Research and ratings agency RepuTex will establish the world's first climate change growth index in July, quantifying for the first time the impact of a carbon-constrained environment on businesses listed on the ASX 300.