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Economics

Market wrap - midday

AAP  |  THURSDAY, 8 FEB 2007
The Australian share market has recovered to be in positive territory at midday after a weak opening on the back of lower commodity prices and no real lead from the US. At 1200 AEDT, the benchmark S&P/ASX200 index was up 1.6 points at 5901.4, while the ...

Market wrap - morning

AAP  |  THURSDAY, 8 FEB 2007
The Australian share market is expected to open down on the back of mostly weaker commodities. On the Sydney Futures Exchange at 0830 AEDT, the March share price index contract was down five points at 5864.

Virgin Super zooms to top quartile

Virgin Super climbs up the Rainmaker Data performance tables to rank 30th out of over 200 competing products, another proof that index investing delivers value-for-money to investors.

China booming to a bubble?

NICK OLIVER  |  WEDNESDAY, 7 FEB 2007
There are growing concerns that a bubble is forming in the Chinese stock market as local investors drive up prices to record levels, with over 1.4 million new trading accounts opening up in January alone.

Market wrap - midday

AAP  |  WEDNESDAY, 7 FEB 2007
The Australian share market was higher at noon, hitting fresh intraday highs, buoyed by strength of mining giant BHP's half year results. At 1200 AEDT, the benchmark S&P/ASX200 was up 9.9 points at 5,880.4, after earlier breaking new territory at 5,871.5.

Daily economic round-up

PETER BELL  |  WEDNESDAY, 7 FEB 2007
The Reserve Bank of Australia has decided to keep the cash rate on hold at 6.25 per cent following its meeting yesterday. This may be seen as a consequence of the continued economic signals that the economy is neither starting to boil nor stagnating.

Market wrap - morning

AAP  |  WEDNESDAY, 7 FEB 2007
The Australian share market is expected to open flat with a poor lead from Wall Street countered by improving commodity prices. On the Sydney Futures Exchange at 0700 AEDT, the March share price index contract was steady at 5852.

Market wrap - midday

AAP  |  TUESDAY, 6 FEB 2007
The Australian share market was higher at noon, hitting fresh intraday highs, buoyed by positive sentiment about the local reporting season. At 1205 AEDT, the benchmark S&P/ASX200 was up 33.9 points at 5,856, after earlier breaking new territory at 5,859.20.

Super hype is working: AXA

A growing number of Australians are becoming super-savvy, according to the latest AXA Retirement Scope study.

Daily economic round-up

PETER BELL  |  TUESDAY, 6 FEB 2007
The ANZ job series has fallen this month by 0.1 per cent after a large rise of 11.8 per cent last month, with the total number of advertisements in January 2007 21.8 per cent higher than a year ago.