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Economics

Daily economic round-up

PETER BELL  |  FRIDAY, 16 FEB 2007
There has been some particularly good news on the employment front with Workplace Relations Minister Joe Hockey announcing that the number of long-term unemployed fell by in excess of 13,000 in January to a record low of about 78,000.

Market wrap - midday

AAP  |  FRIDAY, 16 FEB 2007
The Australian stock market was taking a breather after touching the 6000 point milestone yesterday with investors cashing in their profits today. At 1210 AEDT, the benchmark S&P/ASX200 index was 9.7 points lower at 5983.1 while the all ordinaries lost ...

Market wrap - morning

AAP  |  FRIDAY, 16 FEB 2007
The Australian share market is expected to open higher after a slighter stronger lead from Wall Street. On the Sydney Futures Exchange the March share price index contract finished overnight trading up two points 5959.

Market wrap - midday

AAP  |  THURSDAY, 15 FEB 2007
The Australian share market has soared to new highs, buoyed by a record-breaking US market overnight. At 1015 AEDT, the benchmark S&P/ASX200 index had risen 29.1 points to 5989.6, after breaking the intraday record in early trading to reach 5991.2.

Daily economic round-up

PETER BELL  |  THURSDAY, 15 FEB 2007
Following the release of the NAB Business Confidence and Conditions analysis yesterday, the Westpac-Melbourne Institute index of consumer sentiment rose 1.7 per cent to place it 3.2 per cent above where it was a year ago.

Market wrap - morning

AAP  |  THURSDAY, 15 FEB 2007
The Australian share market is expected to open higher after a strong lead from Wall Street. On the Sydney Futures Exchange at 0718 AEDT, the March share price index contract was up 26 points at 5946.

Market wrap - midday

AAP  |  WEDNESDAY, 14 FEB 2007
The Australian stock market was higher at noon with strong commodity stocks and a good lead from Wall Street pushing the bourse into record territory. At 1200 AEDT, the benchmark S&P/ASX200 was 32.2 points higher at 5968.8 while the all ordinaries also ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 14 FEB 2007
National Australia Bank's Monthly Business Survey for January has shown that business conditions rose by 6 points to a score of +17 as a result of an 8 point increase in the profitability index, which is now at a new record high of +19.

Market wrap - morning

AAP  |  WEDNESDAY, 14 FEB 2007
The Australian share market is expected to open higher after a strong lead from Wall Street. On the Sydney Futures Exchange at 0715 AEDT, the March share price index contract was up 31 points at 5929.

Daily economic round-up

PETER BELL  |  TUESDAY, 13 FEB 2007
The latest monthly Business Expectations Survey undertaken by Dun & Bradstreet shows that for the first time in about a year businesses expect a growth in sales.