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Tag: Australia

Australia House Price Index Drops For Fifth Quarter

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

House prices in Australia declined for a fifth consecutive quarter in the January-March period, the latest figures from the Australian Bureau of Statistics showed Tuesday. The weighted average of the price index for established houses in eight capital cities fell 1. Read more

Australia Manufacturing Activity Contracts In April - AIG

May 01 2012 00:31:09 Stanimir Zhelev in Market

Australia's manufacturing activity contracted sharply in April. The Australian Industry Group reported Tuesday that its Performance of Manufacturing Index declined 5.6 points to 43.9. Readings below 50 indicate a contraction of activity in the sector. Read more

Australia Mar. New Home Sales Lowest In Over 10 Years, HIA Says

Apr 30 2012 05:31:10 Stanimir Zhelev in Market

New home sales in Australia tumbled to their lowest level in more than a decade in March, calling for a large reduction in the Reserve Bank's interest rate, the Housing Industry Association (HIA) said Monday. Read more

Australia Private Sector Credit Rises More Than Expected

Apr 30 2012 04:31:02 Stanimir Zhelev in Market

Credit extended to Australia's private sector rose more than forecast by economists in March, data released by the Reserve Bank of Australia showed Monday. Credit provided by the country's financial intermediaries increased 0.4 percent month-on-month in March, faster than the 0. Read more

Australia Leading Index Unchanged In February: Conference Board

Apr 26 2012 03:31:02 Stanimir Zhelev in Market

A leading indicator of economic activity in Australia remained unchanged in February after a sharp rise in January, suggesting moderate growth of the economy in the coming months. Read more

Australia Q1 Inflation Subdued; Core Inflation Eases

Apr 24 2012 05:01:02 Stanimir Zhelev in Market

Australia's consumer prices rose only modestly during the March quarter, while core inflation cooled unexpectedly, strengthening the case for an interest rate reduction by the central bank in its next meeting in May. The headline consumer price index rose 0. Read more

Australia Q1 Inflation Rises 1.6% On Year

Apr 24 2012 02:31:02 Stanimir Zhelev in Market

Consumer prices in Australia were up 1.6 percent on year in the first quarter of 2012, the Reserve Bank of Australia said on Tuesday - well below estimates for 2.2 percent after showing 3.1 percent in the fourth quarter of 2011. Read more

Australia Inflation On Tap For Tuesday

Apr 23 2012 23:31:04 Stanimir Zhelev in Market

Australia is on Tuesday scheduled to release consumer price index data for the first quarter of 2012, highlighting a light day for Asia-Pacific economic activity. Inflation is expected to rise 2.2 percent on year after rising 3.1 percent in the previous three months. Read more

Australia Q1 PPI Falls Unexpectedly; Boosts Rate Cut Hopes

Apr 23 2012 05:31:03 Stanimir Zhelev in Market

Australia's producer prices fell unexpectedly in the March quarter, strengthening the case for an interest rate reduction by the Reserve Bank of Australia in its next policy meeting in May. The Australian Bureau of Statistics on Monday said that the producer price index fell 0. Read more

Australia, Uk, S Korea and Singapore to Provide Funds to Imf

Apr 20 2012 17:01:02 Stanimir Zhelev in Market

News Singapore, Australia, South Korea and UK pledged contributions to the IMF as part of a broad global effort Australia will contribute $7 billion, Singapore $4 billion, South Korea $15 billion and the UK $15 billion. Read more

Australia may Cut Tax Benefits for Pension Fund Contribution to Reach Surplus in 2012/13

Apr 20 2012 04:31:02 Stanimir Zhelev in Market

News Australia will cut tax benefits to pension funds in Budget due in May to achieve target of surplus budget for the year 2012-2013 reported one local newspaper However PM Gillard called this as budget speculation The scheme may target high income earners who pays 15 pct ta... Read more

Australia Import And Export Prices Fall In Q1

Apr 20 2012 03:31:02 Stanimir Zhelev in Market

Australian import and export prices decreased in the March quarter of 2012, data from the Australian Bureau of Statistics showed Friday. The import price index fell 1.2 percent quarter-on-quarter in three months to March, compared to economists' forecast for a 0.1 percent decrease. Read more

First Shipment Of Live Cattle From Karumba, Australia Spurs Exports

Apr 19 2012 18:01:08 Stanimir Zhelev in Market

Karumba, Australia exported their first annual live shipment of cattle Thursday. The shipment was headed to Indonesia with about 2,000 head of battle on board. Read more

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