Tagged: GDP

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Australian economy slows, but not as much as feared

By Michael Janda Adding most strongly to the June quarter’s economic growth was a rise in inventories, which boosted the quarterly figure by 0. 9 percentage points, as businesses restocked after having let their...

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China's big carbon market experiment

By Mat Hope Companies that need to emit more than the allowances they hold can buy them from companies that make the effort to reduce their emissions – setting a carbon price. In its...

GDP likely grew by 0.4% in Q2

By AAP Commonwealth Bank chief economist Michael Blythe said a fall in the value of exports due to weaker commodity prices will be the major factor hindering economic growth. "The potential size of this...

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Yen’s dive leads $A below US93¢

Westpac chief currency strategist Robert Rennie said the sudden sllde in the Australian dollar earlier in the day was driven by the weaker yen against the greenback, affecting the Australian and Japanese cross rates....

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An apartment construction boom chaser

By Callam Pickering Building approvals are holding up a little better than expected — and have rebounded somewhat over the past three months — and that provides tentative evidence that the residential construction boom...

An apartment construction boom chaser

By Callam Pickering Building approvals are holding up a little better than expected — and have rebounded somewhat over the past three months — and that provides tentative evidence that the residential construction boom...

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RBA eyes jobs, Chinese property

The Australian dollar also sold off as traders began taking positions in the US greenback. “A 0. 6 per cent quarter-on-quarter gain in GDP would be a particularly good result given it follows a...

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Aust dollar lower at noon

By AAP Figures from the ABS showed the current account deficit widened to $13. 74 billion in the June quarter, in line with forecasts. "That gives you a sense that some of those downside...

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China set for nationwide carbon market in 2016

By John Conroy According to the news service, National Development and Reform Commission senior climate official Sun Cuihua made the comments, which would see a nationwide carbon market for the world's biggest polluter, responsible for...