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Economics

Market Wrap

AAP  |  FRIDAY, 15 OCT 2004
The Australian share market is expected to open weaker as a poor performance in US equity markets overnight, coupled with still weak commodity prices, are likely to continue to weigh on the local bourse.

Australian economy slips in world competitiveness rankings

AAP  |  THURSDAY, 14 OCT 2004
The Australian economy has slipped four places in the world competitiveness rankings but remained in the top 15 of countries, a new report has shown.

Market Wrap

AAP  |  THURSDAY, 14 OCT 2004
The Australian share market is expected to open weaker despite continuing to defy offshore direction this week.

Market Wrap

AAP  |  WEDNESDAY, 13 OCT 2004
The Australian share market is expected to open slightly firmer as recent buying interest should continue to flow into the local bourse.

Market Wrap

AAP  |  TUESDAY, 12 OCT 2004
The Australian share market is expected to open slightly firmer after some buying in light trade in the US market, although domestic issues are likely to dominate trade again today.

Market Wrap

AAP  |  MONDAY, 11 OCT 2004
The Australian share market is expected to open weaker as a negative lead from the US is likely to weigh on the domestic bourse.

Australian dollar firmer at midday bonds steady ahead of US jobs data

AAP  |  FRIDAY, 8 OCT 2004
The Australian dollar is stronger at midday, continuing to benefit from yesterday's robust jobs numbers and generally firmer commodity prices.

Australian dollar performs strongly overnight to open firmer

AAP  |  FRIDAY, 8 OCT 2004
The Australian dollar performed strongly against other major currencies overnight to open firmer today as markets awaited a key United States jobs report.

Market Wrap

AAP  |  FRIDAY, 8 OCT 2004
The Australian share market is expected to open broadly weaker as US market retreated by around one per cent due to high oil prices and concerns about some drug companies.

Australian Equities Outlook: AMP

AMP's chief economist, Mr Shane Oliver maintains a positive outlook for the Australian share market despite the market achieving strong gains over the past 18 months.