NAB profit rises 18% in first quarter, Macquarie warns on global outlook: Economy Roundup
Tuesday, 08 February 2011
NAB has reported an 18% rise in first-quarter profit due to lower amounts of bad debt, but the company has also warned that funding costs are still high.  ...

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Lending rises 3.5% in September, Commonwealth Bank posts big first-quarter profit: Economy Roundup
Monday, 15 November 2010
The value of total personal finance commitments rose by a seasonally adjusted 3.5% in September to $7.6 billion, according to the latest figures from the Australian Bureau of Statistics.  ...

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No decision on DFO’s future, General Motors files for IPO: Economy Roundup
Thursday, 19 August 2010
Discussions between DFO owner and Austexx are ongoing, with still no final decision made regarding the shopping chain's future.  ...

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THE BIG PICTURE: Economy's new speed limit
Monday, 16 August 2010
Is there a new speed limit for the economy? In the recent Statement on Monetary Policy, the Reserve Bank broadly left unchanged both its economic growth and inflation forecasts for the period out to 2012. On current figuring the Reserve Bank expects the economy ...

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Seven smart investment strategies for 2010-11
Thursday, 08 July 2010
The end of 2009-10 may seem a shocker for the sharemarket, however there is positive news among all of the gloom and uncertainty dominating investor sentiment.  ...

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Lessons from a former star
Tuesday, 15 June 2010
The decision of Transpacific Industries chief Terry Peabody to retire on June 30 didn't exactly make headlines throughout the business world, which is something of a reflection of his reduced profile.  ...

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Job ads grow, Dollar falls to US81c: Economy Roundup
Monday, 07 June 2010
The number of Australian job advertisements published in May grew by 4.3% to a seasonally adjusted 167,633, according to the latest ANZ monthly index.  ...

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Retail sales up 0.3% in March, Shares slump again: Economy Roundup
Thursday, 06 May 2010
Retail sales increased by a seasonally adjusted 0.3% during March to $19.917 billion, according to official figures released today.  ...

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Construction industry expands in February: Economy Roundup
Friday, 05 March 2010
The Australian construction industry has managed to expand for a second month in February, but at a slower pace, according to the latest results from the Australian Industry Group-Housing Industry Association Performance of Construction Index.  ...

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Peter Ritchie
Wednesday, 03 March 2010
Peter Ritchie is perhaps best known for his role as the long-standing chief executive of McDonald's Australia. But since "retiring" from this role in the mid-90s he's become a prominent company director (he is the deputy chair of Seven Network) and an investor ...

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Economy returning to boom-time levels, Westpac says: Economy Roundup
Wednesday, 17 February 2010
The Australian economy is set to continue its recovery over the next year with improvements on par with 2007 levels, according to the latest results from a private survey.  ...

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THE WEEK AHEAD: Spotlight on the RBA
Monday, 15 February 2010
With all the focus on debt and deficits run up by countries across the globe, it is pleasing that Australia's name hasn't been brought up. In fact, if Australia has been mentioned in despatches, it has merely been to contrast the strength of our position compared ...

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Construction remains subdued: Economy Roundup
Friday, 08 January 2010
Activity in the construction industry during December remained subdued despite improvements in employment, the latest data from an Australia Industry Group-Housing Industry Association survey shows.  ...

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Future Fund set to help Canadian pension funds buy Transurban, Shares slip: Economy Roundup
Friday, 11 December 2009
Meanwhile, the Future Fund has said it is in talks with the Canada Pension Plan Investment Board and Ontario Teachers' Pension Plan to help support their $6.77 billion bid to purchase toll road operator Transurban.  ...

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Political debate over Telstra reforms likely to be delayed until 2010: Economy Roundup
Monday, 23 November 2009
The Federal Government's debate in the Senate over proposed reforms for the telecommunications industry is set to continue even into next year, it has been revealed.  ...

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Why is the market so happy with profit reporting season? A SmartCompany Q&A.
Monday, 24 August 2009
It was supposed to be the worst profit reporting season in almost two decades, when a year of falling sales, job cuts and asset writedowns caused a flood of red ink on the financial reports of big Australian companies.  ...

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Wesfarmers net profit jumps 44%, AMP profit down: Economy roundup
Thursday, 20 August 2009
Wesfarmers, which owns the Coles supermarket chain, has recorded a 44% rise in net profit and says it is optimistic about the 2010 financial year.  ...

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Upbeat RBA predicts economy will actually grow in 2009: Economy Roundup
Friday, 07 August 2009
The Reserve Bank of Australia has lifted its GDP forecast to 0.5%, just one day after Australian Bureau of Statistics figures showed unemployment remained steady in July at 5.8%.  ...

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RBA says housing market holding up, shares flat: Economy roundup
Thursday, 26 March 2009
The head of the Reserve Bank of Australia's economics division, Anthony Richards, has declared the housing market is faring better than in other nations.  ...

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Widespread job cuts as companies slash costs
Wednesday, 18 February 2009
The jobs carnage has continued today, with Virgin Blue, Macquarie Bank, CSR and accounting firm KPMG announcing staff cuts as the global financial crisis continues to bite.  ...

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