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Tag: Australia

Australia Shares fall 1.2 Pct, European Credit Rating Worries overshadowed C. Bank Rate Cut

Dec 06 2011 05:31:05 in Market

News: Australian shares fell 1.2 pct on Tuesday, as European credit rating worries overshadowed the central bank cutting rates The benchmark S&P/ASX 200 index slipped 53.6 points to 4,267 at 0406 GMT, while New Zealand's benchmark NZX 50 index fell 0.3 pct to 3,291. Read more

Australia Posts Current Account Deficit of A$5.64 Bln in Q3

Dec 06 2011 01:31:13 in Market

News: Australia seasonally adjusted current account deficit for Q3 stood at A$5.64 bln, little over consensus for a deficit of A$5.6 bln and compared to a deficit of A$6.660 bln in Q2 Australia's net foreign debt stood at A$740.50 bln Net exports are expected to detract 0. Read more

Australia Government Spending Fell 2.5 Pct in Q3 to A$78.91 Bln

Dec 06 2011 01:31:11 in Market

News: Australian govt spending in Q3 fell a sharp 2.5 pct to an inflation adjusted A$78.91 bln ($81 bln) Govt spending for consumption fell 1.2 pct in Q3 to A$60.03 bln in real terms Investment spending by the govt and public enterprises fell 6.7 pct to A$18. Read more

Australia Posts A$5.6 Billion Q3 Current Account Deficit

Dec 06 2011 01:01:07 in Market

Australia recorded a seasonally adjusted current account deficit of A$5.637 million in the September 2011 quarter, the Australian Bureau of Statistics reported Tuesday. The deficit was down 15 percent from the June 2011 quarter. The primary income deficit fell 3.0 percent to $12.36 million. Read more

Australia Service Sector Activity Weakens Further

Dec 05 2011 05:31:04 in Market

Service sector growth in Australia weakened further in November, the latest survey report from the Australian Industry Group (AiG) showed Monday. The AiG/Commonwealth Bank Performance of Services Index fell 1.1 points to 47.7 in November. A reading below 50 indicates contraction in activity. Read more

Australia Job Ads Unchanged In November

Dec 05 2011 05:01:02 in Market

The number of job advertisements on the internet and in newspapers in Australia was unchanged in November compared to the previous month, a survey by ANZ showed Monday. This followed a 0.6 percent monthly fall in October. Annual growth in total job advertisements slowed to 0.2 percent from 1. Read more

Australia Auto Sales Improve In November

Dec 05 2011 04:31:02 in Market

Australian automobile sales improved in November, data from the Federal Chamber of Automotive Industries revealed Monday. Vehicle sales climbed 1.5 percent in November over the last year to 88,654 units, marking the second-highest November month on record. Read more

Australia Anz Job Advertisements Flat in Nov

Dec 05 2011 01:31:09 in Market

News: Australia ANZ seasonally adjusted job advertisements were essentially steady at 181,461, unchanged in November Overall job advertisements were 0.2 pct higher y/y, the lowest reading since February 2010 Newspapers rose 0. Read more

Australia Q3 Company Operating Profit +4.8%

Dec 05 2011 01:01:18 in Market

Company operating profits in Australia were up a seasonally adjusted 4.8 percent in the third quarter of 2011 compared to the previous three months, the Australian Bureau of Statistics said on Monday. That was well above forecasts for an increase of 3.0 percent following the 6. Read more

Australia Nov Inflation Gauge -0.1% On Month - TD Securities

Dec 05 2011 00:31:13 in Market

Consumer prices in Australia eased 0.1 percent in November compared to the previous month, the latest inflation gauge from TD Securities revealed on Monday. That follows the 0.1 percent monthly increase in October, which had marked the first increase in three months. Read more

Australia New Home Sales Increase Modestly: HIA

Nov 30 2011 05:01:32 in Market

New home sales in Australia recovered modestly in October, the Housing Industry Association (HIA) said Tuesday. Sales increased 5.5 percent month-on-month in October, following on from the lowest result in more than a decade in September. Read more

Australia New Home Sales Bounce 5.5 Pct in Oct, Reinforces View for Rba to Cut Rates – Hia

Nov 30 2011 03:32:14 in Market

News: New home sales in Australia bounced by 5.5 pct in October, lifting them from the lowest in almost a decade Home prices were 4.0 pct lower on October last year Sales of new detached houses rose 5.1 pct in October, while multi-unit sales increased by 9. Read more

Australia Capital Expenditure Rises More Than Expected

Nov 30 2011 02:31:39 in Market

Australia's capital expenditure rose more than forecast by economists in the September quarter, data from the Australian Bureau of Statistics showed Wednesday. Capex grew 12. Read more

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