australia
Australia’s January Westpac Leading Economic Index Rises 0.2%
Australia’s January Westpac Leading Economic Index Rises 0.2% March 17 (Bloomberg) — An Australian index of leading economic indicators rose in January to the
Forex: Aussie range bound, unmoved by data
Forex: Aussie range bound, unmoved by data FXstreet.com (London) – The Aussie dollar still teeters close to two month highs currently quoting at 0.9156. High yield in Australia makes the currency attractive to investors when risk appetite is up. Read more on The Forex Market
Reserve Bank Agrees There is a Housing Shortage in Australia
Reserve Bank Agrees There is a Housing Shortage in Australia RBA assistant governor Philip Lowe said in a speech in Sydney yesterday that constraints
Start of the U Honeymoon
Start of the U Honeymoon Commissioning of Australia’s fourth uranium mine begins next month. Read more on Business Day
Australian Economy to Expand Faster, RBA’s Lowe Says (Update2)
Australian Economy to Expand Faster, RBA’s Lowe Says (Update2) March 10 (Bloomberg) — Australia’s economy is likely to expand at or above its average pace over the next few years, stoking inflation pressures and house prices, central bank official Philip Lowe said. Read more on Bloomberg
Asia bourses rally as resource sector leads broad advance
Asia bourses rally as resource sector leads broad advance Dow Jones Newswires/Singapore Asian markets rallied strongly yesterday, with resource sector stocks leading a broad-based advance on higher commodity prices and Australia’s Arrow Energy surging after receiving a takeover bid. Read more on Gulf Times
Australia: Ex-heroin addict gets $258,000 loan for new liver
Australia: Ex-heroin addict gets $258,000 loan for new liver Ex-heroin addict gets $258,000 loan for new liver March 3, 2010 – 1:38PM The West
Australian Cotton Output May Jump Next Year, Bureau Forecasts
Australian Cotton Output May Jump Next Year, Bureau Forecasts March 2 (Bloomberg) — Cotton production in Australia, the world’s fifth-biggest exporter, may rise 30 percent next season, boosted by greater water supply and rising prices. Read more on Bloomberg
RBA raises interest rates
RBA raises interest rates Australia’s central bank has increased the official interest rate by 25 basis points saying growth is likely to be near trend and inflation close to target over the coming year. Read more on Marlborough Express
Profits up for Australia’s Woodside
Profits up for Australia’s Woodside Australian energy giant Woodside on Wednesday reported a modest 2.1 percent rise in annual profit to 1.82 billion dollars (1.64 billion US) on record sales volumes, despite lower commodity prices. Read more on AFP via Yahoo! Philippines News
