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1-10 of about 5 300 news
Rba Keeps Cut Options Open
- Country news
- 1 day ago
- by News Ltd.
THE ECONOMY THE Reserve Bank has signalled further rate cuts remain on the agenda. Minutes from the central bank's latest meeting suggest board members wanted to boost business confidence by driving down the Australian dollar, analysts said. It's a break from tradition for the RBA, which normally focuses more heavily on consumer spending. Released yesterday, the minutes show the board...
- Countries : Australia
More Rate Cuts On Horizon
- Country news
- 1 day ago
- by News Ltd.
ANOTHER round of interest rate cuts remains on the agenda after the Reserve Bank signalled it retains an ``easing bias'' despite slashing the cash rate to a record low. In a break from tradition, the May rate cut...
- Countries : Australia
Cardno Forecasts Fy13 Profit Of $73m To $77m
- Country news
- 1 day ago
- by NewsBites
AUSTRALIAN Industry player NEWS BITES SOURCED FROM INFORMATION LODGED WITH THE AUSTRALIAN STOCK EXCHANGE Cardno advised that it expects to report a NPAT of between $73m , $77m for the year ending 30 June 2013 , compared to $74.1m for the 2012 financial year....
- Countries : Australia
What's Better, Another Rate Cut Of A Weak Dollar
- Country news
- 1 day ago
- by Reed International Books Australia Pty. Ltd
Minutes of the Reserve Bank of Australia's (RBA) May 2013 board meeting suggested that the central bank cou...
- Countries : Australia
Rock And Hard Place Minnows Feel The Squeeze Of Rising Costs And Weak Demand
- Country news
- 2 days ago
- by News Ltd.
SMALL BUSINESS SMALL businesses are pessimistic about their prospects for the coming year as they grapple with rising costs , weak consumer sentiment. , the prices they charge for their goods are falling even faster than they were during the financial crisis, as reported by new research. The Australian Chamber of Commerce , Market's index measuring selling prices has slipped to a ...
- Countries : Australia
Traders Lack Confidence In Sales, Profits, Investments
- Country news
- 2 days ago
- by News Ltd.
SMALL businesses are pessimistic about their prospects for the coming year as they grapple with rising costs , weak consumer sentiment. , the prices they charge for their goods are falling even faster than they were during the financial crisis, as reported by new research...
- Countries : Australia
Australia Country Update - 2013-05-20
- Country news
- 2 days ago
- by News Ltd.
But the minutes from the central bank's May 7 board meeting provide no clues as to whether further rate cuts are on the cards. The RBA said the Australian economy was set to grow at a below-average pace in 2013, while the jobs Industry was expected to remain soft as investment in the mining Market peaked. Meanwhile, figures released by the Australian Bureau of Statistics in April showe...
- Countries : Australia
Fed:low Inflation, Soft Growth Prompted Rate Cut
- Country news
- 2 days ago
- by Australian Associated Press
SYDNEY , 2013-05-21 AAP - The Reserve Bank of Australia says a softer-than-expected inflation outlook allowed it to cut the cash rate to a record low, as it tries to boost underperforming sectors or the economy. But the minutes from the central bank's May 7 board meeting provide no clues as to whether further rate cuts are on the cards. The RBA said the Australian economy was set to grow...
- Countries : Australia
Fed:australia's Trading Partner Looking A Bit Better
- Country news
- 2 days ago
- by Australian Associated Press
SYDNEY , 2013-05-21 AAP - The outlook for Australia's major trading partners is good, with economic growth for most expected to pick up in 2014, the Reserve Bank of Australia says. The minutes of the RBA's May board meeting gave a positive assessment of the economic outlooks for China , Japan , the US. While growth in China is not expected to return to its stellar levels of recent...
- Countries : Australia
Foreign Trade & Payments Risk
- Country news
- 2 days ago
- by Economist Intelligence Unit
RISK RATINGS Current Current Previous Previous Rating Score Rating Score Overall assessment C 53 C 54 Foreign trade & payments risk B 25 B 25 Note: E=most risky; 100=most risky. The risk ratings model is run once a quarter. Download the numbers in Excel SUMMARY Foreign trade , payments risk is low, with Papua New Guinea (PNG) pre...
- Countries : Papua New Guinea, Guinea
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