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Economics

Market wrap - midday

AAP  |  FRIDAY, 16 MAR 2007
Australian stocks were lower at noon dragged down by banking stocks which offset gains in a firmer mining sector and a positive lead from Wall St. At 1200 AEDT, the benchmark S&P/ASX index fell 28 points to 5,825 while the all ordinaries slipped 24.4 ...

DeAM launches global agribusiness fund

ALEX DUNNIN  |  FRIDAY, 16 MAR 2007
Proving that agribusiness is about the long term and not just tax minimisation, Deutsche Asset Management (DeAM) has announced the launch of a global agribusiness fund.

Daily economic round-up

PETER BELL  |  FRIDAY, 16 MAR 2007
National Labour force figures were released by the Australian Bureau of Statistics yesterday showing that on a seasonally adjusted basis there are now 2.9 per cent more people employed in the Australian workforce than there were a year ago and the number ...

Market wrap - morning

AAP  |  FRIDAY, 16 MAR 2007
The Australian share market is expected to open higher following the positive US lead and robust metal prices. On the Sydney Futures Exchange, the June share price index contract was up 28 points at 5,904.

Market wrap - midday

AAP  |  THURSDAY, 15 MAR 2007
The Australian bond market fell overnight as US equities staged a comeback amid growing confidence the economy can weather a rise in delinquent mortgages made to risky borrowers.

Daily economic round-up

PETER BELL  |  THURSDAY, 15 MAR 2007
In line with other recent optimism about the Australian economy the Westpac/Melbourne Institute index of consumer confidence has risen by 3.7 per cent in March to a score of 115.5 points, its highest level since August 2005.

Market wrap - morning

AAP  |  THURSDAY, 15 MAR 2007
The Australian share market is expected to open higher on a positive US lead with investors looking to take profits on yesterday's heavy falls. On the Sydney Futures Exchange, the March share price index contract was up 49 points at 5,799.

Market wrap - midday

AAP  |  WEDNESDAY, 14 MAR 2007
Australian stocks have taken a major dive on the back of weaker commodity prices and a poor lead from Wall Street.

Daily economic round-up

PETER BELL  |  WEDNESDAY, 14 MAR 2007
The National Australia Bank monthly survey of business conditions and business confidence has been released showing a improvement in the conditions measure to a score of 18 which sits just below the record of 18.6 that was achieved in March 2006.

Market wrap - morning

AAP  |  WEDNESDAY, 14 MAR 2007
The Australian share market is expected to open lower following large falls on Wall Street. On the Sydney Futures Exchange, the March share price index contract was down 82 points at 5,780.