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Tag: Australia

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

Australia Housing Loans Decline For Second Month

Apr 11 2012 06:31:12 in Market

Loans extended to owner occupied housing in Australia declined for a second consecutive month in February, the Australian Bureau of Statistics said Wednesday. In seasonally adjusted terms, the number of commitments for owner occupied housing finance fell 2.5 percent month-on-month following 1. Read more

Australia Consumer Confidence Declines On Financial Concerns

Apr 11 2012 04:31:02 in Market

Confidence among Australian households weakened in April as they remained concerned about the state of their own financial conditions, a key survey revealed Wednesday. The Westpac Melbourne Institute consumer sentiment index fell 1.6 percent to 94.5 in April from 96.1 in March. Read more

Australia Construction Remains In Contraction In March - AIG

Apr 10 2012 00:31:20 in Market

Activity in Australia's construction sector picked up slightly in March but remained in sharp contraction, according to survey results published Tuesday by the Australian Industry Group. AIG's Performance of Construction index for March was 36.2, an increase of 0.6 points from February. Read more

Research: Australia Employment Data One of the Key Inputs for Next Rba Decision

Apr 09 2012 14:01:09 in Market

Quotes from Barclays Capital: -The RBA, though, held the rate unchanged earlier last week, opened the door for further easing at next meeting in May, provided that Q1 CPI data on April 23 confirm benign inflation outlook. Read more

Australia Vehicle Sales Rise 3.9% In March

Apr 04 2012 07:31:07 in Market

Australia's vehicle sales increased markedly in March, helped by higher sales of sport utility vehicles (SUVs), data released by the the Federal Chamber of Automotive Industries (FCAI) showed Wednesday. Overall vehicle sales increased 3.9 percent on an annual basis to 97,616 units in March. Read more

Australia Posts Surprise Trade Deficit For Second Month

Apr 04 2012 04:31:08 in Market

Australia posted a surprise trade deficit for the second consecutive month in February as shipments of coal and metals tumbled, the latest figures from the Australian Bureau of Statistics revealed Wednesday. Read more

Australia Reports One more Deficit in February

Apr 04 2012 02:31:02 in Market

News In surprise to economist community, Australia reported second deficit in a raw while economists expected a surplus Total exports declined by 2.0 pct to A$ 24.425 bln while imports declined 4.0 pct to A$24.905 bln , resulting in trade deficit of A$0. Read more

Australia Services Sector Improves, Remains In Contraction - AIG

Apr 04 2012 00:31:20 in Market

Australia's services sector remained in contraction in March, but the level of activity improved slightly from February, according to data released Wednesday. The Australian Industry Group-Commonwealth Bank's Performance of Services Index reading for March was 47.0, an increase of 0. Read more

Australia Trade Balance Due On Wednesday

Apr 03 2012 23:31:14 in Market

Australia will on Wednesday release February trade balance figures and the AIG services PMI for March, highlighting a light day for Asia-Pacific economic activity. The trade balance is expected to show a surplus of A$1.1 billion after posting a deficit of A$673 million in January. Read more

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