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Economics

Daily economic round-up

PETER BELL  |  TUESDAY, 22 AUG 2006
Treasurer Costello has given notice that at the forthcoming November Group of 20 (G20) meeting of finance ministers and central bank governors in Melbourne there will be fertile discussion about the oil market and the need for a stronger institutional ...

Daily economic round-up

PETER BELL  |  MONDAY, 21 AUG 2006
In a parting note the Reserve Bank of Australia governor, Ian Macfarlane, agreed with financial market forecasts that it was likely that there would be another interest rate hike in either November or December with the economy running at full capacity ...

Daily economic round-up

PETER BELL  |  THURSDAY, 17 AUG 2006
The release of the Westpac-Melbourne Institute index of consumer sentiment yesterday heralded the arrival of forces opposing those like the strength in retail sales and the buoyancy in the housing market which have helped bring about last week's interest ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 16 AUG 2006
Following the 178 recommendations of the Productivity Commission Taskforce on how the government might reduce bureaucratic problems associated with the administration of the GST and FBT, Treasurer Costello has announced that 158 of the recommendations ...

Economic round-up

PETER BELL  |  TUESDAY, 15 AUG 2006
Prime Minister John Howard has announced a range of measures aimed at easing the impact of the fuel crisis bought about by rising crude oil prices, tensions in the Middle East and the increasing demands by the industrial expansion in China and India.

Daily economic round-up

PETER BELL  |  MONDAY, 14 AUG 2006
Woodside Petroleum chairman, Charles Goode, has announced that the energy producer is likely to soon get approval to supply the Californian market with LNG via specially designed ships which will anchor off the US coast and then pump the gas through ...

Daily economic report

PETER BELL  |  THURSDAY, 10 AUG 2006
The US Federal Reserve held interest rates firm last night at 5.25 per cent after 17 consecutive rate increases since June 2004, a result of rising energy and labour costs. The June quarter data showed that the annualised pace of growth halved to 2.5 ...

Daily economic update

PETER BELL  |  TUESDAY, 8 AUG 2006
In its quarterly monetary policy statement last Friday the RBA hinted that further rate increases in the near term were still a possibility because of the buoyancy of the housing market, where it said that conditions had picked up in the first six months ...

Emerging markets exodus continues

HAMISH MADDEN  |  MONDAY, 7 AUG 2006
The emerging markets sell-off has continued, with BRIC countries in particular experiencing the greatest exodus.

Market Wrap

AAP  |  THURSDAY, 3 AUG 2006
Sydney - the share market is expected to open stronger, after a solid lead from Wall Street. On the Sydney Futures Exchange at 0741 AEST, the September share price index contract was up 37 points at 4,940.