Newspaper icon
The latest issue of Financial Standard now available as an e-newspaper
READ NOW

Economics

AAA/A1-plus rating for ACT affirmed: S&P

AAP  |  TUESDAY, 18 NOV 2003
Standard & Poor's ratings services said today it has affirmed the AAA/A1-plus local and foreign currency ratings on the Australian Capital Territory (ACT).

Small business conditions improve in November quarter: ACCI

AAP  |  TUESDAY, 18 NOV 2003
Small business trading conditions bounced back in the last three months as the economy picked up, a new survey showed today.

Merchandise imports rise to $11.84 billion: ABS

AAP  |  TUESDAY, 18 NOV 2003
Merchandise imports rose three per cent in October to $11.84 billion as the higher Aussie dollar pushed down the price of imported goods.

Short-term visitor arrivals dip by 2% to 423,800 during October: ABS

The number of short-term visitor arrivals during October was 423,800, a decrease of two per cent as compared with the month of September, the Australian Bureau of Statistics (ABS) said today.

Superannuation, a key nation-building goal: Coonan at ASFA Conference

The enhancement of superannuation and retirement savings in Australia is a key nation-building process and a major priority of the Government policy-making process, according to the Federal Minister for Revenue and Assistant Treasurer Helen Coonan.

RBA takes aim at property tax breaks

AAP  |  MONDAY, 17 NOV 2003
Generous tax breaks for property investors were a key driver of the house price boom, according to the Reserve Bank of Australia.

Afternoon Market Wrap: All Ords close lower while $A pushes past US 72 cents

The Australian share market closed lower today as the stronger Australian dollar put pressure on the stocks of resources companies and those with offshore operations.

RBA gov says could be generational conflict over tax burden

AAP  |  FRIDAY, 14 NOV 2003
A potential conflict is brewing between the generations in Australia where the young may come to resent carrying the tax burden of a greying population, Australia's top banker warned today.

IMF admits mistakes in controversial handling of Asia crisis

The International Monetary Fund (IMF) admitted today it made mistakes in its controversial handling of the 1997-1998 Asian financial crisis which put affected countries under stringent programs.

Consumer expectations fall to 3.9% in November

AAP  |  FRIDAY, 14 NOV 2003
More Australians thought prices could ease in the future as consumers' expectations of inflation fell to 3.9 per cent in November.