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Economics

WA state Budget to be handed down on May 6

AAP  |  WEDNESDAY, 7 APR 2004
The West Australian government will hand down its election-year Budget on May 6, with tax cuts widely tipped.

NSW government to run $300 million deficit in 2004-2005

AAP  |  TUESDAY, 6 APR 2004
The NSW government will run a deficit of approximately $300 million in 2004-2005.

Australia slips down world export rankings

AAP  |  TUESDAY, 6 APR 2004
Australia has slipped down the rank of trading countries, new World Trade Organisation (WTO) figures show.

Business expectations stay flat for quarter ahead: survey

AAP  |  TUESDAY, 6 APR 2004
Business expectations remain flat for the quarter ahead, as the outlook for profits and sales stay at 12 month lows, a new survey has revealed.

Vehicle sales remain strong

AAP  |  TUESDAY, 6 APR 2004
New car and truck sales jumped 13% in Australia last month, continuing the strong run of results for the auto industry.

Newspaper job ads rise 0.3% in March: ANZ

AAP  |  MONDAY, 5 APR 2004
The number of Australian newspaper job advertisements in March rose to their highest level since October 2002, an ANZ jobs survey showed.

March inflation remain subdued

AAP  |  MONDAY, 5 APR 2004
Prices of consumer goods and services rose by 0.3% in March to be 2.1% higher than a year earlier, according to the TD Securities/Melbourne Institute monthly inflation gauge.

Retail spending growth stalls in March: Cashcard

AAP  |  MONDAY, 5 APR 2004
Australian consumers are cooling their love affair with spending and growth has stalled, according to the Cashcard Retail Activity Index for March.

US March job growth at four-year high, stuns market

AAP  |  MONDAY, 5 APR 2004
US employment rose last month at the fastest pace in nearly four years as hiring jumped in a wide array of industries, the government said on Friday in a surprisingly strong report that stunned financial markets.

Former IMF chief economist tips 4.75% global growth in 2004

AAP  |  FRIDAY, 2 APR 2004
Asia and the United States will propel the world economy to the fastest growth pace in a generation in 2004, former IMF chief economist Michael Mussa predicted Thursday.