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Tag: Australia

Decline In Australia Building Consents Exceed Forecast In September

Nov 02 2011 04:31:02 in Market

Australia's building approvals, a leading indicator of the general level of economic activity, employment and investment, fell more than expected by economists in September, the latest figures from the Australian Bureau of Statistics showed Wednesday. Read more

Australia Building Approvals Decline In September

Nov 02 2011 01:31:13 in Market

Approvals for residential construction in Australia decreased sharply in September, according to the Australian Bureau of Statistics.The Bureau reported Wednesday that the value of overall September building approvals was down 13.3 percent from August, in seasonally adjusted terms. Read more

Australia Pm Calls for Banks to Pass on Rba Rate Cut in Full to Customers

Nov 01 2011 05:31:12 in Market

News: Australia's PM Julia Gillard said on Tuesday that Australia's major banks should pass on the c. Read more

Reserve Bank of Australia Cuts Rates by 25 Bps to 4.5 Pct As Widely Expected

Nov 01 2011 05:31:12 in Market

News: Australia's on Tuesday cut its main cash rate by 25 basis points to 4. Read more

Australia Central Bank Cuts Key Policy Rate

Nov 01 2011 04:32:28 in Market

Australia's central bank on Tuesday decided to lower the benchmark cash rate by a quarter point to 4.5 percent, saying that growth will moderate and inflation will be close to the bank's target in the coming months. Read more

Australia Q3 House Price Index Declines

Nov 01 2011 01:31:23 in Market

Average prices for existing homes in Australia capital cities declined 1.2 percent in the September 2011 quarter compared to the previous quarter, the Australian Bureau of Statistics reported Tuesday. Read more

Australia Manufacturing Remains In Contraction - AIG

Oct 31 2011 23:31:11 in Market

Manufacturing activity in Australia improved in October, but still remained in a state of contraction.The Performance of Manufacturing Index published Tuesday by the Australian Industry Group and PriceWaterhouse Coopers showed an October reading of 47.4, up 5. Read more

Australia TD-MI Inflation Gauge Rises At Slower Pace

Oct 31 2011 07:01:03 in Market

An measure of inflation in Australia advanced at a slower pace in October, due to fall in prices of certain food items, a key survey revealed Monday. The monthly inflation gauge of TD Securities and Melbourne Institute rose 2.6 percent in the twelve months to October, slower than 2. Read more

Australia Private Sector Credit Rises In September

Oct 31 2011 03:01:44 in Market

Total credit provided to Australia's private sector by financial intermediaries rose 0.5 percent month-on-month in September, the Reserve Bank of Australia said Monday. This was slightly faster than the expected 0.3 percent increase and higher than than August's 0.2 percent gain. Read more

Research: Credit Growth Sluggish in Australia

Oct 28 2011 10:31:06 in Market

Quotes from RBC Capital Markets:-RBA credit aggregates rose by a modest 0.2% in August. Credit growth remains subdued with weakness concentrated in household borrowing. Read more

Global Community Expects Comprehensive Debt Plan from Eu says Australia

Oct 27 2011 03:01:26 in Market

NewsGlobal community expects  comprehensive debt plan from EU says Australia's Treasurer Wayne Swan to parliament Quotes"We cannot afford any more stumbles or missteps from the Europeans. Read more

Australia Q3 Inflation Eases Increasing Odds Of Rate Cut

Oct 26 2011 06:01:04 in Market

Australian consumer price inflation eased in the September quarter as expected by economists, increasing the probability of a rate cut by the central bank as early as next week.The consumer price index rose 0.6 percent sequentially in the September quarter, compared with a 0. Read more

Australia Q3 CPI Up 3.5% On Year

Oct 26 2011 02:01:14 in Market

Inflation in Australia was modestly higher in the September 2011 quarter.The Australian Bureau of Statistics reported Wednesday that its Q3 Consumer Price Index increased a seasonally adjusted 0.4 percent from the previous quarter. In unadjusted terms, Q3 CPI was up 0.6 percent on quarter. Read more

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