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Economics

Surging dollar prompts mixed views on fall-out

SUZY MAC  |  THURSDAY, 19 APR 2007
Nipping at the heels of its 1990 high against the US dollar, the Australian dollar, climbing steadily since early March, has reached a 17-year peak overnight on Tuesday of $0.8365.

Market Wrap - morning

In Sydney, the Australian share market is expected to open slightly lower followed by a record close on Wall Street and a fall in base metal prices.

Market wrap - midday

AAP  |  WEDNESDAY, 18 APR 2007
The Australian share market has continued yesterday's barnstorming run, charting further record territory this morning after near record highs on Wall Street and strong performances from the big resources stocks.

LPTs outgun other asset classes in long term: Russell

CHRIS NICHOLLS  |  WEDNESDAY, 18 APR 2007
Listed investments outperformed other asset classes over the last 20 years, with Australian shares beating their overseas counterparts, according to the 2007 ASX/Russell Long-Term Investing report.

Market wrap - morning

AAP  |  WEDNESDAY, 18 APR 2007
The Australian share market is expected to open higher in the wake of near record highs on Wall Street and overnight gains in commodity prices. On the Sydney Futures Exchange at 0656 AEST, the June share price index contract was trading up 21 points ...

Market wrap - midday

AAP  |  TUESDAY, 17 APR 2007
The Australian share market remained on a high at noon after stocks shattered records at opening this morning.

Market wrap - morning

AAP  |  TUESDAY, 17 APR 2007
The Australian share market is expected to open higher after strong gains in US stocks on Monday and close to record highs in international markets. On the Sydney Futures Exchange at 0655 AEST, the June share price index contract was trading up 39 points ...

Market wrap - midday

AAP  |  MONDAY, 16 APR 2007
The Australian share market at noon continued to make fresh record gains buoyed by the world's largest miners, BHP Billiton and Rio Tinto, while the gold miners soared, enjoying a higher bullion price.

China's growth unsustainable: Australian Economic Review

CHRIS NICHOLLS  |  MONDAY, 16 APR 2007
China's joint current account and capital account surpluses mean the current pace of economic growth is unsustainable in the long run, according to a study published in the Australian Economic Review.

Market wrap - morning

AAP  |  MONDAY, 16 APR 2007
The Australian share market is expected to open higher after gains in US stocks on Friday, triggered by positive company profits outlooks. On the Sydney Futures Exchange at 0709 AEST, the June share price index contract was trading up 21 points to 6,195.