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Economics

Daily Economic Update

Today's report indicating weakness in the Australian housing market reinforces our expectations for steady interest rates.

Daily Economic Update

Today's report of a fall in inflation expectations give credence to the Financial Standard Intelligence Unit's view that interest rates are on hold in the near term.

Market Wrap

AAP  |  THURSDAY, 15 DEC 2005
The Australian share market is expected to open slightly firmer as a solid lead from the US is expected to offset weaker precious and base metal prices.

Daily Economic Update

Australian consumer confidence fell by 2.7 per cent to 104.7 in November from 107.6 in the previous month but not because of concern over higher interest rates.

Daily Economic Update

Japanese household confidence rose to 48.2 in November from 47.9 in the previous month. The second straight month of improvement is a positive for consumer spending.

Weekly Economic Roundup

As expected, the Reserve Bank of Australia (RBA) kept domestic monetary policy unchanged following its Board meeting last week.

Daily Economic Update

Today's report on Australian lending finance gives mixed readings but the overall implication for monetary policy is for steady interest rates, with a bias towards a lower cash rate, in the near term.

Market Wrap

AAP  |  FRIDAY, 9 DEC 2005
The Australian share market is expected to open weaker as another soft lead from the US is expected to push the local bourse back into the red.

Daily Economic Update

Consistent with the improving trend in job advertisements reported by the ANZ last Monday, Australian employment rose in November following two consecutive months of decline.

Daily Economic Update

Financial markets offered no dissenting voice to the RBA Board's decision, particularly in light of the softer economic picture depicted by the release of third quarter Australian National Accounts.