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Tag: Australia

Australia GDP On Tap For Wednesday

Sep 04 2012 23:31:06 in Market

Australia is on Wednesday scheduled to release Q2 figures for gross domestic product, highlighting a modest day for Asia-Pacific economic activity. GDP is expected to add 0.8 percent on quarter and 3.7 percent on year following the 1.3 percent quarterly increase and the 4. Read more

Australia Likely to Report Robust Q2 Economic Growth

Sep 04 2012 20:01:02 in Market

Australia is expected to report robust Q2 economic growth despite slowdown in China and sliding export prices GDP figures for the Q2 should show the A$1.4 trillion economy still grew a robust 0.7 pct. That would come after a blistering 1. Read more

Australia Has A$11.8 Billion Q2 Current Account Deficit

Sep 04 2012 03:31:04 in Market

Australia posted a seasonally adjusted current account deficit of A$11.801 billion in the second quarter of 2012, the Australian Bureau of Statistics said on Tuesday - down 9 percent or A$1.196 billion from the first quarter. The headline figure topped forecasts for a shortfall of A$12. Read more

Australia Current Account Deficit A$11.8 Billion In Q2

Sep 04 2012 02:31:02 in Market

Australia saw a current account deficit of A$11.801 billion in the second quarter of 2012, the Australian Bureau of Statistics said on Tuesday. That beat forecasts for a shortfall of A$12.2 billion following the A$14.892 billion deficit in the first quarter. Read more

Australia Rate Decision, Current Account Due On Tuesday

Sep 03 2012 23:01:22 in Market

The Reserve Bank of Australia will on Tuesday conclude its monetary policy meeting and then announce its decision on interest rates, highlighting a light day for Asia-Pacific economic activity. The RBA is widely expected to keep rates on hold at 3.50 percent. Read more

Australia Retail Sales Fall Unexpectedly In July

Sep 03 2012 03:01:04 in Market

Australia's retail sales declined unexpectedly in July, the latest figures from the Australian Bureau of Statistics showed Monday. The seasonally adjusted retail sales fell 0.8 percent month-on-month in July against expectations of a 0.2 percent gain. This followed a 1. Read more

Australia July Private Sector Credit Growth Slows Unexpectedly

Aug 31 2012 03:31:02 in Market

Credit extended to Australia's private sector increased at a slower pace in July, contrary to economists' forecast for a faster growth, data released by the Reserve Bank of Australia showed Friday. Credit provided by the country's financial intermediaries increased 0. Read more

Australia Business Investment Expands On Mining

Aug 30 2012 06:31:02 in Market

Australia's business investment expanded more than expected in the second quarter as investment growth in mining offset declines in the manufacturing and other sectors. Data released by the Australian Bureau of Statistics on Thursday showed that total new capital expenditure grew 3. Read more

Australia Construction Work Done Declines In Q2

Aug 29 2012 04:31:02 in Market

The value of construction work completed in Australia declined in the second quarter led by a fall in building construction, data from the Australian Bureau of Statistics showed Wednesday. The seasonally adjusted value of construction work done fell 0. Read more

Australia New Home Sales Drop 5.6% In July - HIA

Aug 28 2012 02:01:02 in Market

The total number of new home sales in Australia was down 5.6 percent on month in July, the Housing Industry Association said on Tuesday, falling for the first time in four months. Sales were up 2.8 percent on month in June. Among the individual components, multiunit sales were down 6. Read more

Australia Leading Index Shows Modest Gain - Conf. Bd.

Aug 24 2012 01:01:07 in Market

The Conference Board's Leading Index for Australia increased in June by 0.2 percent, the board announced Friday. The coincident index increased by 0.1 percent for June. Read more

Australia Internet Job Vacancy Index Falls 3.7%

Aug 22 2012 06:31:02 in Market

Online job vacancies in Australia declined notably in July, the latest report from the Department of Education, Employment and Workplace Relations revealed Wednesday. The seasonally adjusted Internet Vacancy Index fell 3.7 percent month-on-month in July. Read more

Australia Leading Index Signals Better Economic Growth

Aug 22 2012 06:01:03 in Market

A leading indicator of Australia's economic activity rose at the fastest pace in almost a year in June, suggesting a moderate but improved economic growth in the second half of 2012 and into 2013, a survey by Westpac Institutional Bank and Melbourne Institute showed Wednesday. Read more

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