US shed 54,000 jobs in August
Saturday, September 4th, 2010US unemployment jumped to 9.6 per cent in August, the Labor Department said, showing the recovering economy is still struggling to create jobs. View full post on ABC News: Business
US unemployment jumped to 9.6 per cent in August, the Labor Department said, showing the recovering economy is still struggling to create jobs. View full post on ABC News: Business
Market starts week on positive note
Monday, August 30th, 2010Investors on the local share market have been buoyed by signs Japan's central bank may announce further measures to boost its economy. View full post on ABC News: Business
US STOCKS-S&P, Dow fall for second week on recovery woes
Monday, August 23rd, 2010* Economy concerns weigh on global equities * HP shares dip after brokerages cut price target View full post on Market news | ninemsn Money
Gold attracts amid increasing nerves
Saturday, August 7th, 2010By Jack Farchy, Financial Times, 6 Aug 2010 Gold prices rebounded last week as growing concerns about the US economy sent investors turning to the metal once again and physical consumers propped up demand.The increasingly gloomy sentiment towards the US economy, which was on Friday exacerbated by worse-than-expected data ...
Export price surge pressures rates
Friday, July 23rd, 2010Australia's export prices surged by the most on record last quarter as Asian demand fuelled huge increases for iron ore and coal, a bonanza for the economy that also underlines the risk of further rises in interest rates. View full post on ABC News: Business
Consumer confidence = retail sales ?
Friday, July 16th, 2010The ANZ-Roy Morgan NZ Consumer Confidence Rating slipped a touch from last week to 121.8 (down 1.8pts). There is more optimism about the current situation and less about future prospects. The largest drop in forward looking questions was in expectations about the economy in general in 12 months time, which dropped 9 ...
Gillard to sell ‘positive message’ over economic credentials
Thursday, July 15th, 2010Julia Gillard will lay out her economic credentials today when she delivers her first major speech on the economy as PM. View full post on ABC News: Business
RBA Raises Interest Rates By Another .25%
Tuesday, March 2nd, 2010As expected, the Reserve Bank of Australia has today raised interest rates once again, after stronger than expected house sales, a drop in unemployment to 5.4% and other dominating factors indicating a significant improvement in the economy. "With the risk of serious economic contraction in Australia having passed, the Board ...
Economic Confidence is Back, Baby!
Monday, March 1st, 2010Confidence in the economy is back, and in no short supply either. Housing sales shot up by 9.5% in January, with more investors getting back into the market offsetting the downturn from the end of the First Home Owners Grant. The Governor of the Reserve Bank Glenn Stevens has made ...
Another 6 months of Govt help for first home buyers
Wednesday, May 13th, 2009Hot on the heels of data released this week showing that first home buyers accounted for 27.3% of all homes purchased in March, Wayne Swan announced last night during the Federal Budget that the Government would extend it's boost of the first home buyers grant through to December 31st. "In light ...