RBA says medium-term outlook demand rate hike, NAB predicts business pickup in 2011: Economy Roundup
Tuesday, 16 November 2010
The Reserve Bank of Australia has said it raised the official interest rate earlier this month due to stronger commodity prices and a solid outlook for business investment due to lower global risks, in the latest minutes of its monthly meeting.  ...

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Australian dollar passes US95c, ANZ hit with $50m class action: Economy Roundup
Wednesday, 22 September 2010
The Australian dollar has reached a two-year high this morning, jumping over US95.8c for the first time since the global financial crisis begun.  ...

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Lawyers, duds and money
Friday, 03 September 2010
It is only a few years since Doug Rathbone, chief executive and major shareholder of chemicals giant Nufarm, seemed headed for the rarefied air of Australia's billionaire club.  ...

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Seven Group Holdings net profit up to $718 million, Facebook valuation surges: Economy Roundup
Wednesday, 25 August 2010
Seven Group Holdings has recorded a $718 million net profit for the two months to 30 June, saying the company is set for some solid growth over the next year.  ...

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NAB still in talks with AXA, Wall Street reform bill passed: Economy Roundup
Friday, 16 July 2010
National Australia Bank remains in talks with AXA Asia Pacific Holdings, along with French parent group SA, in order to extend a $13.3 billion agreement to meet regulatory concerns.  ...

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Sharemarket moves above 5,000 points for the first time since 2008: Economy Roundup
Thursday, 15 April 2010
Australian investors have been given a boost of confidence today after the sharemarket rose over 5,000 points, following several days in the US where the Dow Jones has closed above the 11,000-point mark.  ...

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Australian shares lower despite strong run on Wall Street: Economy roundup
Tuesday, 13 April 2010
The Australian share market has opened lower today despite solid leads from Wall Street where the Dow broke 11,000 points overnight, dashing investors' hopes the ASX200 would stay over the 5,000 point mark.  ...

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Car sales jump 3.3% in December, World Bank says recovery is underway: Economy Roundup
Thursday, 21 January 2010
The total number of new motor vehicles sold increased by a seasonally adjusted 3.3% to 89,741 in December when compared to November figures, the latest numbers from the Australian Bureau of Statistics reveal.  ...

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Inflation gauge rises 0.3% during November, Shares rebound from Dubai debt worries: Economy Roundup
Monday, 30 November 2009
Inflation rose by 0.3% during November following a gain of the same amount during October, the TD Securities-Melbourne Institute monthly inflation gauge has revealed.  ...

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Wotif and Country Road profits soar while Virgin Blue and OZ Minerals suffer
Thursday, 27 August 2009
It's been another good day for financial results, with online accommodation provider Wotf.com recording a 26% rise in after tax profit to $43.5 million, while retailer Country Road also posted a $15.6 million profit.  ...

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RBA more optimistic on economic outlook, Shares up again: Economy roundup
Tuesday, 21 July 2009
Some more good news for the economy has arrived. The Reserve Bank of Australia has released the minutes of its last monthly meeting, in which it wrote that fiscal stimulus provided by the Government has helped boost household demand and confidence.  ...

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Why Rudd must secure Stern Hu’s release: Kohler
Monday, 13 July 2009
The big losers out of the Stern Hu affair, apart from Stern Hu himself and his three colleagues, must surely be the Chinese business classes - especially those running internationally-focused state-owned firms.  ...

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Timbercorp set to be killed off, Shares rise: Economy roundup
Friday, 19 June 2009
The Australian Securities and Investments Commission has introduced new rules that will provide easier methods for retail investors to participate in corporate fundraisings.  ...

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Shares gain ground, employers fight to keep staff: Economy roundup
Friday, 12 June 2009
The Australian share market has opened higher today after increases in commodity prices overnight. The benchmark S&P/ASX200 index was up 13 points or 0.32% to 4060.2 at 12 noon AEST.  ...

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Andrew Forrest on top of the rich list (briefly)
Friday, 12 June 2009
 No-one knows the roller coaster of wealth like Andrew "Twiggy" Forrest.  ...

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Miner Andrew Forrest makes another $400m in one morning: Economy roundup
Thursday, 11 June 2009
The founder of Fortescue Metals Group, Andrew Forrest, has enjoyed another profitable morning with the company's share price soaring 21% on speculation that it may be the subject of a bid from a Chinese firm.  ...

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Jobs market shows signs of stabilising, Qantas denies mergers talk: Economy roundup
Tuesday, 09 June 2009
Despise economists predicting a surge in the unemployment rate, the data from online job ads company Seek has revealed that the Australian labour market is beginning to show early signs of stabilisation.  ...

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Rio Tinto abandons Chinalco deal; Shares gain group: Economy round up
Friday, 05 June 2009
Mining giant Rio Tinto has abandoned a deal with Chinese metal group Chinalco, opting instead for a US$15.2 billion rights issue, after organising an iron ore deal with BHP Billiton.  ...

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Shares lose ground, Obama examines financial sector reforms: Economy round up
Thursday, 04 June 2009
The Australian sharemarket has dropped today after negative leads from Wall Street and falling commodity prices.  ...

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Building approvals rise, Service sector shows signs of hope: Economy roundup
Tuesday, 05 May 2009
The impact of the first home owner grant continues to be felt in the property sector, with building approvals rising during March by a seasonally adjusted 3.5%, the second consecutive monthly rise.  ...

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