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Economics

RBA speaks out on oil prices

A recent article by the RBA has reported that a sustained lift in oil prices will stunt economic growth.

Fed policymaker says oil surge "significant shock"

Soaring oil prices now represent a "significant shock" to the US economy but the longer-term impact should be manageable, Federal Reserve policymaker Ben Bernanke said Thursday.

Market wrap

AAP  |  FRIDAY, 22 OCT 2004
The Australian share market is expected to open slightly firmer this morning as mixed signals out of the US suggest that domestic factors will again drive the market.

Increased need for full-time accounting staff

National demand for permanent accounting staff is on the rise according to Hays Accountancy and Finance's (Hays) latest Employment Activity Report with the July to September quarter showing a 14 per cent increase in finance permanent vacancy activity ...

Market Wrap

AAP  |  THURSDAY, 21 OCT 2004
The Australian share market is expected to open under pressure in the morning as weakness in Europe and the US weigh on the local bourse.

Bond market indicates interest rate cut

An RBA interest rate rise in the coming months may not be as certain as widely anticipated with two and three-year bonds trading 20 to 25 basis points below the cash rate.

International skill seekers place pressure on skill shortages

Candidates heading overseas are putting pressure on the Australian market already experiencing skill shortages said Hays director Jacky Carter.

Market Wrap

AAP  |  WEDNESDAY, 20 OCT 2004
The Australian share market is expected to open weaker as a poor performance on US equity markets as well as benign base metal and oil prices are likely to weigh on the local bourse.

Market Wrap

AAP  |  TUESDAY, 19 OCT 2004
The Australian share market is expected to open slightly firmer in local trade, although weakness in oil and base metal prices could weigh on resources stocks.

Market Wrap

AAP  |  MONDAY, 18 OCT 2004
The Australian share market is expected to open slightly firmer as a bid tone from the US market, combined with solid buying interest locally are both expected to drive further gains on the day.