Australian Business News - Commodities, Markets, Legal, Technology, Mining, Energy and Small Business
Tuesday 16th September 2014
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...
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...
By Anita Savage However, Mr Bloxham says a lift in consumer sentiment and business confidence is likely to see gross domestic product (GDP) pick up in the months ahead. Bureau of Statistics current account...
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...
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....
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...
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...
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...
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...
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...
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