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Economics

RBA keeps rates on hold

As expected, the Reserve Bank of Australia left interest rates unchanged at 5.5 per cent following yesterday's Board meeting.

Market Wrap

AAP  |  WEDNESDAY, 5 OCT 2005
The Australian share market is expected to open weaker as a poor lead from the US continues to weigh on the local bourse, which struggled for direction yesterday.

Market Wrap

AAP  |  TUESDAY, 4 OCT 2005
The Australian share market is expected to open slightly firmer as strong base metal prices underpin gains for the local resource market.

Weekly economic roundup

Reserve Bank of Australia (RBA) Governor Ian Macfarlane's speech before the Economics Society of Australia reaffirmed the Financial Standard Intelligence Unit's view that the central bank is unlikely to alter domestic monetary policy settings.

Market Wrap

AAP  |  FRIDAY, 30 SEP 2005
The Australian share market is likely to charge to fresh record highs as a strong move by US stocks overnight, coupled with continued commodity price strength, are tipped to drive the local bourse.

Market Wrap

AAP  |  THURSDAY, 29 SEP 2005
The Australian share market is likely to open firmer as strong commodity prices across the board breathe new life into the rapid firing resources sector.

Market Wrap

AAP  |  WEDNESDAY, 28 SEP 2005
The Australian share market is likely to open weaker today, retreating from fresh record highs overnight as the resources sector pulls back after recent gains.

Market Wrap

AAP  |  TUESDAY, 27 SEP 2005
The Australian share market is likely to open slightly firmer, pushing to fresh record highs as the market continues to benefit from positive resource news and a generally upbeat sentiment.

Weekly economic roundup

Australian financial markets largely ignored second-tier domestic data released last week in favour of the more market moving decisions by the US Federal Reserve and by the Organisation of Petroleum Exporting Countries (OPEC).

Market Wrap

AAP  |  MONDAY, 26 SEP 2005
The Australian share market is likely to open slightly firmer as US markets recovered ground late in the session as it became clear that Hurricane Rita would not have the same impact as Katrina.