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Tag: Australia

Australia Jan. Retail Sales Rise 0.3%

Feb 29 2012 02:32:43 Stanimir Zhelev in Market

Retail sales in Australia rose 0.3 percent on a seasonally adjusted monthly basis in January, the Australian Bureau of Statistics said Wednesday. This was in line with economists' expectations and followed a 0.1 percent fall in December and a relatively unchanged November. Read more

Australia Private Sector Credit Rises Less Than Expected

Feb 29 2012 02:32:40 Stanimir Zhelev in Market

Credit extended to Australia's private sector rose less than forecast by economists in January, data released by the Reserve Bank of Australia showed Wednesday. Private sector credit increased 0.2 percent month-on-month in January, slower than the 0.3 percent rise expected by economists. Read more

Australia S/adj Private Credit Rose 0.2 Pct M/m in Jan – Rba

Feb 29 2012 01:31:09 Stanimir Zhelev in Market

News Australia seasonally adjusted private sector credit rose 0.2 pct m/m in Jan after a 0.3 pct rise in the previous month Housing credit rose 0.5 pct, while business credit fell 0.2 pct over the month The material has been provided by Instaforex Company - instaforex. Read more

Australia S/adj Q4 Construction Work falls 4.6 Pct Q/q

Feb 29 2012 01:31:08 Stanimir Zhelev in Market

News Value of construction work done in Australia in Q4 in seasonally adjusted chain volume terms fell 4.6 pct q/q to 18.844 bln A$ The fall was more than consensus for 1.0 pct and compared to a revised 11. Read more

Australia Pm Gillard Wins Party Leadership Vote Over Rudd – Media

Feb 27 2012 00:31:04 Stanimir Zhelev in Market

News Australian PM Julia Gillard convincingly won a leadership vote by over her rival Kevin Rudd, Australian media reported on Monday Gillard won with 73 votes to 29 for Rudd, the Sydney Morning Herald reported Gillard called the vote to stamp her authority on the party and stop Rudd's push to re... Read more

Australia Not To See U.S.-Style Housing Market Fall: RBA's Elli

Feb 23 2012 06:01:05 Stanimir Zhelev in Market

Australia's housing market did not go down the same road as the United States, Luci Elli, Head of the Financial Stability Department of Reserve Bank of Australia said Thursday. There were many factors that underpinned Australia's housing market, she noted. Read more

Australia Westpac Leading Index Signals Sub-Par Growth

Feb 22 2012 05:01:03 Stanimir Zhelev in Market

An indicator of Australian economic activity pointed to sub-par growth for the economy for the three to nine months into the future, while at the same time brushing aside concerns about a sharp slowdown. The annualized growth rate of Westpac-Melbourne Institute's leading index was 2. Read more

Australia Internet Vacancy Index Falls In January

Feb 22 2012 04:31:08 Stanimir Zhelev in Market

Australia's internet vacancy index declined 0.6 percent from a month earlier in January, marking the ninth consecutive fall in the index in trend terms, the Department of Education, Employment and Workplace Relations said Wednesday. Over the year, the index fell 8.5 percent. Read more

Australia Q4 Wage Price Index Rises more Than Forecasts

Feb 22 2012 01:31:23 Stanimir Zhelev in Market

News Australia's seasonally adjusted wage price index in Q4 rose 1.0 pct q/q, higher than forecast for 0.8 pct rise and followed a 0.7 pct rise in the previous quarter The wage price index total hourly pay rates were up 3.6 pct y/y, above consensus for 3. Read more

Australia Q4 Wages Up 1.0% Vs. Q3

Feb 22 2012 01:01:10 Stanimir Zhelev in Market

Wages in Australia increased in the 4th quarter of 2011 by a seasonally adjusted 1.0 percent, according to data released Wednesday by the Australian Bureau of Statistics. The increase was more than the 0.8 percent rise forecast by most economists. The Bureau's Wage Index was 3. Read more

Australia Leading Index Edges Higher In December - Conference Board

Feb 22 2012 00:31:07 Stanimir Zhelev in Market

The Conference Board's Leading Economic Index for Australia increased 0.2 percent in December, the Board reported Wednesday. The Board said large gains in the money supply and the sales-to-inventory ratio more than offset decreases from the yield spread. The Leading Index has now risen 2. Read more

Australia Feb 7th Policy Meeting C.bank Minutes

Feb 21 2012 01:31:08 Stanimir Zhelev in Market

News RBA's Feb 7th policy meting minutes revealed that board members felt inflation outlook would provide scope for an easing if demand weakened materially Members said that risks from the euro zone debt crisis appeared to have diminished somewhat and domestic growth looked set to stay on trend B... Read more

Australia Unemployment Rate Eases To 5.1%

Feb 16 2012 03:01:11 Stanimir Zhelev in Market

The unemployment rate in Australia came in at a seasonally adjusted 5.1 percent in January, the Australian Bureau of Statistics said on Thursday - topping forecasts for 5.3 percent and down from December's reading of 5.2 percent. Read more

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