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Tag: Australia

Australia Business Morale Rebounds; Trading Conditions Worsen: NAB Survey

Aug 14 2012 06:01:04 Stanimir Zhelev in Market

Confidence among Australian businesses rebounded in July after deteriorating steadily over the previous two months, a survey by the National Australia Bank (NAB) showed Tuesday. Read more

Australia New Motor Vehicle Sales Fall 0.8% In July

Aug 14 2012 02:31:03 Stanimir Zhelev in Market

The total number of new motor vehicle sales in Australia was down a seasonally adjusted 0.8 percent on month in July, the Australian Bureau of Statistics said on Tuesday, coming in at 90,133. That follows the 0.6 percent contraction in June. By category, sales of passenger vehicles were down 5. Read more

Australia New Vehicle Sales down 0.8 Pct in July

Aug 14 2012 02:31:02 Stanimir Zhelev in Market

New vehicles sales in Australia declined by 0.8 pct in July to 90,133 while rising 5 pct from last year's total SUV sales which lead the sales so far this year, dipped 1.2 pct in July while passenger vehicles sales declined by 5.3 pct Truck sales jumped 11. Read more

Australia Personal Finance Increase In June

Aug 13 2012 04:31:02 Stanimir Zhelev in Market

Finance provided to individuals for their personal, non-business use in Australia increased 1.9 percent month-on-month in June to A$7.52 million in seasonally adjusted terms, the Australian Bureau of Statistics said Monday. Read more

Rba Revises up Growth Forecast for Australia to 3.5 Pct

Aug 10 2012 02:31:02 Stanimir Zhelev in Market

RBA revised up 2012 growth forecasts for Australian economy to 3.5 pct from 3.0 pct in earlier estimate It now sees inflation including carbon tax at 2. Read more

Australia Unemployment Rate Holds At 5.2% In July

Aug 09 2012 03:01:07 Stanimir Zhelev in Market

Australia's unemployment rate came in at a seasonally adjusted 5.2 percent in July, the Australian Bureau of Statistics said on Thursday - in line with expectations and down from the revised June reading of 5.3 percent. The male unemployment rate increased 0.2 pts to 5. Read more

Australia Unemployment Rate Steady At 5.2%

Aug 09 2012 02:31:02 Stanimir Zhelev in Market

Australia's unemployment rate was a seasonally adjusted 5.2 percent in July, the Australian Bureau of Statistics said on Thursday - in line with expectations and unchanged from the June reading. Read more

Australia Adds 14 K Jobs in July, 9.2 K in Fulltime

Aug 09 2012 02:31:02 Stanimir Zhelev in Market

Australia added 14k job in July, more than 10k expected by economist after losing 14k in June Unemployment rate stayed at 5.2 pct and did not rise as expected by economists to 5.3 pct Total number of unemployed also came down to at 635.1 people k v/s 637.6 k, but up from 619. Read more

Research: Further Gains in Aud Likely to Dampen Economic Confidence in Australia

Aug 08 2012 10:01:02 Stanimir Zhelev in Market

Quotes from RBS: -RBA rate cut expectations have been reduced significantly as tensions in Europe have eased and global equities have recovered. Read more

Australia Home Loans Rise 1.3% In June

Aug 08 2012 03:01:05 Stanimir Zhelev in Market

Australian home loan commitments increased 1.3 percent month-on-month to 46,859 in June, the Australian Bureau of Statistics said Wednesday. The rate of growth was weaker than the 2 percent increase expected by economists. The value of home loans for owner-occupied homes rose 1. Read more

Australia Inflation Forecast +1.5% On Year In July - TD Securities

Aug 06 2012 01:31:02 Stanimir Zhelev in Market

Consumer prices in Australia are expected to have risen 1.5 percent on year in July, the latest forecast from TD Securities revealed on Monday. That's down from 1.6 percent on year in June. On a monthly basis, consumer prices are called higher by 0.2 percent, reversing the 0. Read more

Australia Services Sector Contracts Further In July - AIG

Aug 03 2012 00:31:09 Stanimir Zhelev in Market

Australia's services sector continued to contract in July, the Australian Industry Group reported Friday. The AIG/Commonwealth Bank Performance of Services index fell to 46.5 from the June reading of 48.8. Readings below 50.0 indicate contraction of activity in the measured sector. Read more

Research: Australia Data too Strong to Suggest August Rba Cut Now

Aug 02 2012 09:31:04 Stanimir Zhelev in Market

Quotes from Societe Generale Cross Asset Research: -Australia's retails sales were strong in June, rising by 1.0% mom, after a revised gain of 0.8% in May (was 0.5%). Sales were consequently up by 5.4% yoy, albeit in nominal terms. Read more

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