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Tag: Australia

Australia Inflation On Tap For Tuesday

Apr 23 2012 23:31:04 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 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 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 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 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 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

Research: Australia Is in the Grip of the ??

Apr 18 2012 12:31:20 in Market

Quotes from RBS: -Australia is in the grip of the 'Dutch disease'. Read more

Australia Leading Index On Tap For Wednesday

Apr 17 2012 23:31:09 in Market

Australia will on Wednesday see the February results of the Westpac leading index, highlighting a light day for Asia-Pacific economic activity. The index was up 0.6 percent on month in January. Read more

Research: Recent Domestic Developments in Both Australia and Uk Point to 1.55 for Gbp/aud

Apr 17 2012 14:31:17 in Market

Quotes from Societe Generale Cross Asset Research: -Recent domestic developments  in  both Australia and the UK point to 1. Read more

Research: Australia Q1 Cpi Inflation Likely to be contained on the Back of a Firm Aud

Apr 17 2012 11:31:10 in Market

Quotes from Standard Chartered: -We expect Australia Q1 CPI inflation, due to be released on 24 April, to have been contained at 0.3% q/q (prior: 0.0%) and 1.8% y/y (prior: 3. Read more

Australia New Motor Vehicle Sales Increase In March

Apr 17 2012 04:01:02 in Market

New motor vehicle sales in Australia increased 4 percent from a month earlier in seasonally adjusted terms in March, the Australian Bureau of Statistics said Tuesday. The number of vehicles sold during the month totaled 89,694 units. This was also 4 percent higher than March last year. Read more

Australia Adds More Jobs Than Forecast In March, Unemployment Rate Steady

Apr 12 2012 04:31:03 in Market

Employers in Australia hired more staff than forecast by economists in March while the unemployment rate remained unchanged, suggesting that the country's economic conditions remained healthy, strongly supported by its once-in-a-century mining boom. Read more

Australia Surprises Markets With Robust Jobs Data

Apr 12 2012 02:31:05 in Market

News Australia economy added 44,ooo jobs in March, way above market expectations of 6,000 jobs  Full time jobs alone contributed 15,8000 to the total new jobs  while 28,200 jobs were part time Australian dollar jumped to 1.0359 from 1. Read more

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