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Tag: Australia

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

Australia Keeps Rate On Hold, Inflation Key For Future Policy Action

Apr 03 2012 08:01:04 in Market

The Reserve Bank of Australia on Tuesday retained the benchmark cash rate unchanged at 4.25 percent for a third consecutive time and said the forthcoming data on prices will be crucial in determining its policy move in May. Read more

Australia Retail Sales Add 0.2% In February

Apr 03 2012 03:31:02 in Market

Retail sales in Australia added a seasonally adjusted 0.2 percent on month in February, the Australian Bureau of Statistics said on Tuesday - coming in at A$2.098 trillion. That was in line with forecasts following the 0.3 percent increase in January and the flat showing in December. Read more

Australia Retail Sales Add 0.2% In March

Apr 03 2012 02:31:02 in Market

Retail sales in Australia were up a seasonally adjusted 0.2 percent on month in March, the Australian Bureau of Statistics said on Tuesday - coming in at A$2.098 trillion. That was in line with forecasts following the 0.3 percent increase in February. On a yearly basis, retail sales were up 1. Read more

Australia Mar. Inflation Gauge Rises 0.5% In March

Apr 02 2012 05:31:02 in Market

Australia's inflation gauge rose 0.5 percent month-on-month in March, following a 0.1 percent increase in February, a report from the TD Securities and Melbourne Institute showed Monday. In the twelve months to March, the Inflation Gauge increased 1. Read more

Australia Private Sector Credit Rises More Than Expected

Mar 30 2012 04:01:03 in Market

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

Australia S/adj Job Vacancies rise 0.7 Pct in Feb Qtr

Mar 29 2012 01:31:11 in Market

News Seasonally adjusted job vacancies in Australia in the Feb quarter rose 0. Read more

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