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Economics

Market wrap - midday

AAP  |  FRIDAY, 11 MAY 2007
The Australian share market opened down this morning, then slipped lower in early trade, following yesterday's record close achieved on the back of strong retail performances. The bourse was dragged down by a weaker Wall Street and falling commodity ...

Starved infrastructure will bite into growth

SUZY MAC  |  FRIDAY, 11 MAY 2007
Opposition Leader, Kevin Rudd, played the political magician last night by pulling some surprising economic and political rabbits out of the hat, but there's still no talk of feeding our starved infrastructure any time soon.

Market wrap - morning

AAP  |  FRIDAY, 11 MAY 2007
The Australian share market is expected to open lower this morning after stocks fell on Wall Street overnight and most metal prices were lower. On the Sydney Futures Exchange, at 0800 AEST, the June share price index contract was down 73 points to 6303.

Market wrap - midday

AAP  |  THURSDAY, 10 MAY 2007
The Australian share market had eased back at noon today amid waning excitement over takeover speculation surrounding the big miners. At 1200 AEST, the benchmark S&P/ASX200 Index down 19.4 points to 6321.6 while the all ordinaries slid 17.2 points to ...

Can the cash-fest save our competitiveness?

SUZY MAC  |  THURSDAY, 10 MAY 2007
Just as well the Federal Government included some infrastructure and education spending in the Budget, but considering the money wont begin to flow until 2009 our global competitiveness ranking is likely to continue to be cut-down.

Market wrap - morning

AAP  |  THURSDAY, 10 MAY 2007
The Australian share market is expected to open higher this morning after a strong lead from Wall Street and takeover speculation surrounding mining giants BHP Billiton and Rio Tinto set to continue. On the Sydney Futures Exchange, at 0825 AEST, the ...

Market wrap - midday

AAP  |  WEDNESDAY, 9 MAY 2007
The Australian share market was taking a break at midday following a flat Wall Street lead and mixed commodity prices. Analysts said the bourse was having a "yawn" after last night's federal budget, which economists believe was relatively interest rate-friendly.

A fist full of dollars

SUZY MAC  |  WEDNESDAY, 9 MAY 2007
Treasurer Peter Costello shook Australia's money tree last night, raining dollars down on tax payers, but can it bear the same yield in years to come when the mining boom ends?

Market wrap - morning

AAP  |  WEDNESDAY, 9 MAY 2007
The Australian share market is expected to open lower this morning after a drop overnight in global markets and commodity prices. At 0819 AEST, on the Sydney Futures Exchange, the June share price index contract was 20 points lower at 6304.

Market wrap - midday

AAP  |  TUESDAY, 8 MAY 2007
Australian stocks had eased back at noon today after new highs were set locally yesterday and on the US market last night. Publishing and Broadcasting shares bucked the trend after announcing it would split its gaming and media interests into separate ...