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Tag: Australia

Australia Business Conditions Improve In June: NAB Survey

Jul 10 2012 06:31:04 Stanimir Zhelev in Market

Business conditions in Australia improved in June, while confidence weakened marginally, a survey by the National Australia Bank (NAB) showed Tuesday. Read more

Australia ANZ Job Ads Fall In June

Jul 09 2012 04:31:03 Stanimir Zhelev in Market

The number of job advertisements in Australia's news papers and online portals declined in June, reports said Monday citing a survey by Australia and New Zealand Banking Group. Total job ads fell 1.2 percent month-on-month in June. This followed a 2.6 percent drop in May. Read more

Australia Construction Sector Continues To Contract

Jul 06 2012 00:31:02 Stanimir Zhelev in Market

An index measuring the construction industry in Australia came in with a score of 34.8 in June, the Australian Industry Group said on Friday, up barely from 34.7 in May but signaling contraction for the 25th consecutive month. Read more

Australia Seeks To Deepen Aussie-Yuan Trade

Jul 05 2012 05:31:12 Stanimir Zhelev in Market

Australia is expected to push for a stronger market for Aussie-yuan transactions during Treasurer Wayne Swan's visit to China and Hong Kong next week, reports said Thursday. Read more

Australia Wants Deeper Yuan-Aud Trade says Treasurer Swan

Jul 05 2012 03:31:02 Stanimir Zhelev in Market

Australia n treasury's  Swan said deeper market for Australian dollar-yuan transactions in the interest of both the sides along with internationalization of Yuan After Japan and USA, Australia could be a third country to be allowed to convert capital amounts to yuan ... Read more

Australia May Trade Deficit A$285 Million

Jul 05 2012 02:31:09 Stanimir Zhelev in Market

Australia posted a seasonally adjusted merchandise trade deficit of A$285 million in May, the Australian Bureau of Statistics said on Thursday. Read more

Australia Trade Balance On Tap For Thursday

Jul 04 2012 23:01:09 Stanimir Zhelev in Market

Australia will on Thursday release May figures for imports, exports and trade balance, highlighting a modest day for Asia-Pacific economic activity. The trade balance is expected to show a deficit of A$500 million after showing a shortfall of A$203 million in April. Imports were at A$26. Read more

Australia Retail Sales +0.5% On Month In May

Jul 04 2012 03:01:04 Stanimir Zhelev in Market

Retail sales in Australia added a seasonally adjusted 0.5 percent on month in May, the Australian Bureau of Statistics said on Wednesday, standing at A$21.307 billion. That beat forecasts for an increase of 0.2 percent following the upwardly revised 0. Read more

Australia Retail Sales Rise 0.5% On Month In May

Jul 04 2012 02:31:08 Stanimir Zhelev in Market

Retail sales in Australia were up a seasonally adjusted 0.5 percent on month in May, the Australian Bureau of Statistics said on Wednesday, standing at A$21.307 billion. That beat forecasts for an increase of 0.2 percent following the upwardly revised 0. Read more

Australia June Performance Of Service Index 48.8 - AiG

Jul 04 2012 01:01:02 Stanimir Zhelev in Market

An index measuring the service sector in Australia came in with a score of 48.8 in June, the Australian Industry Group said on Wednesday. That was sharply higher than the May reading of 43. Read more

Australia Keeps Cash Rate Unchanged

Jul 03 2012 07:31:07 Stanimir Zhelev in Market

Australia's central bank on Tuesday decided to keep the key interest rate unchanged as it awaits the pass through of the effects of the two consecutive rates cuts implemented this year aimed at shielding the economy from the worsening situation in Europe. Read more

Australia Leaves Key Rate Unchanged As Expected

Jul 03 2012 05:31:02 Stanimir Zhelev in Market

The Reserve Bank of Australia on Tuesday decided to keep its key cash rate unchanged at 3.50 percent as expected by economists. Read more

Australia Building Approvals Surge More Than Expected

Jul 03 2012 03:01:08 Stanimir Zhelev in Market

Australia's building approvals climbed more than expected in May, data from the Australian Bureau of Statistics showed Tuesday. Dwelling permits in May rose 27.3 percent on a month-on-month seasonally adjusted basis. This followed a 7.6 percent decline in the previous month. Read more

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