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Tag: Australia

Australia Shares pushed 2.1 Pct Higher As C.bank Euro Debt Action eased Investor Fears

Sep 16 2011 03:10:02 Forexbrokerz.com in Market

News: Australian stocks rose over 2 pct in morning trade on Friday as coordinated central bank action worked to allay investor fears Markets also took cues from overseas action as U.S. Read more

Australia To Permit Banks To Issue Covered Bonds

Sep 15 2011 06:35:02 Forexbrokerz.com in Market

Australia's Treasurer Wayne Swan on Thursday introduced a legislation in the parliament allowing financial companies to issue covered bonds for the first time. The Treasury estimates the new framework will permit banks to raise up to A$130 billion in the years ahead. Read more

Australia Consumer Morale Improves As Rate-Hike Fears Wane

Sep 14 2011 03:39:01 Forexbrokerz.com in Market

Sentiment among Australian consumers improved in September with major banks reducing their fixed rate mortgage rates after the central bank dropped its rate-hike rhetoric amid slowing economic growth. Read more

Australia June Quarter Housing Starts In Surprise Fall

Sep 14 2011 02:31:01 Forexbrokerz.com in Market

Australia dwelling starts declined unexpectedly in the June quarter after a notable improvement in the March quarter, the Australian Bureau of Statistics said Tuesday. Housing starts slipped a seasonally adjusted 4.7 percent quarter-on-quarter in the June quarter to 37,820 after a 3. Read more

Australia CPI Rises In Q2

Sep 14 2011 01:54:02 Forexbrokerz.com in Market

Consumer prices in Australia increased 0.9 percent in the June 2011 quarter compared to the previous quarter, according to data released Wednesday by the Australian Bureau of Statistics. The seasonally adjusted CPI was up 3.7 percent from one year earlier. Read more

Australia Consumer Sentiment Rises In September - Westpac/Melbourne

Sep 14 2011 01:04:11 Forexbrokerz.com in Market

Consumer sentiment in Australia improved in September by 8.1 percent over August, according to survey results released Wednesday by Westpac Bank and the Melbourne Institute. The Consumer Sentiment Index rose to a seasonally adjusted 96.9 points from the august reading of 89.6. Read more

Australia Building Approvals Rise First Time In 4 Months

Sep 13 2011 03:26:02 Forexbrokerz.com in Market

Building approvals in Australia increased for the first time in four months in July, data from the Australian Bureau of Statistics showed Monday. The number of dwelling units approved in July was 12,227, 1 percent higher than in the previous month on a seasonally adjusted basis. Read more

Australia Business Confidence Plunges In August - NAB

Sep 13 2011 01:53:03 Forexbrokerz.com in Market

Business confidence in Australia plummeted in August, according to survey results released Tuesday by National Australia Bank. NAB's business index of business confidence declined 10.0 points to minus-8.0. NAB's business conditions index fell 2.0 points to -3.0. Read more

Australia Trade Surplus Almost Steady In July

Sep 12 2011 04:18:02 Forexbrokerz.com in Market

Australia's trade surplus held steady in July despite a softening in coal exports, figures from the Australian Bureau of Statistics showed Monday. The seasonally adjusted trade surplus rose to A$1.826 billion in July from A$1.817 billion in June. Read more

Australia Reports steady Surplus As Asian Demand Intact Despite Slowdown

Sep 12 2011 03:10:01 Forexbrokerz.com in Market

News Australia reported surplus of A$1.83 bln in August as Asian demand remains intact and slow down compensated by higher prices. Running total for last 12 months now stands at A$21 bln Export and import both dipped by 0. Read more

Australia Trade Surplus Rises Modestly In July

Sep 12 2011 02:10:01 Forexbrokerz.com in Market

Australia's trade surplus increased slightly in July, data from the Australian Bureau of Statistics showed Monday. The seasonally adjusted surplus rose to A$1.826 billion during the month from A$1.817 billion in June. Economists were looking for an increase to A$1.9 billion. Read more

Australia Unlikely to Intervene Like Swiss and Japan- Trade Minister

Sep 09 2011 20:09:01 Forexbrokerz.com in Market

News: Australia will not intervene in fx market like Japan and Swiss to cap strength of AUD - trade minister The minister Strength of AUD is hurting manufacturing sector of the country, we stick to our policy of competitiveness Quotes: Whatever other countries do, we need to do what we thin... Read more

Australia Employment Falls Unexpectedly In August

Sep 08 2011 02:12:02 Forexbrokerz.com in Market

Employment in Australia declined unexpectedly in August, latest figures from the Australian Bureau of Statistics said Thursday. The number of employees fell by 9,700 to 11.433 million on a seasonally adjusted basis against expectations for an increase of 10,000. Employment was 1. Read more

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