The Economy: Home Lending Up
Investors are back driving the home loan market as they seek to capitalise on the six rate rises from the Reserve Bank.
Read MoreInvestors are back driving the home loan market as they seek to capitalise on the six rate rises from the Reserve Bank.
Read MoreThe board of Mirrabooka, the Melbourne-based listed investment company, has made a big call.
Read MoreMixed news for surf wear retailer Billabong from North America where it has two deals on the go.
Read MoreThe chances of Sigma Pharmaceuticals getting a workable takeover offer from South Africa’s Aspen Pharmacare seem to be receding.
Read MoreThe iron ore boom powered by China is cooling, holding out the prospect that if it continues, Australia’s current boom will take a hit in coming months.
Read MoreChina’s trade surplus jumped sharply in June, a development that will get all the American loudmouths yapping again about an undervalued currency.
Read MoreGlobal stocks rose on Friday, recording their best week in nearly a year, as risk aversion eased.
Read MoreCommodity prices may have had a good run last week, but that improved tone may not last with news that China’s imports of some key commodities fell sharply in June.
Read MoreGrowth in Asia will dominate the coming week, with China and Singapore revealing second quarter growth estimates.
Read MoreAs expected, Boral shares fell sharply yesterday after trading resumed in the wake of the issue to institutional shareholders, but the company received good news from two leading ratings groups.
Read MoreUp to Thursday, gold had lost 4.7% since settling at the record high of $US1,258.30 an ounce on June 18.
Read MoreGood news for Australian coal exporters, China, the world’s biggest producer and consumer, is facing an increasing shortfall as demand outstrips supply.
Read MoreWe saw more jobs than expected in June; 45,900 new ones were created, according to the ABS.
Read MoreCredit Suisse, the Swiss investment bank and fund manager, has spent the best part of $200 million in around eight days, building its stake in QBE.
Read MoreShares in nickel miner Minara Resources jumped 7.5% yesterday after it said it would return $111 million of capital to shareholders because of its strong financial position.
Read MoreAustralia’s multi-billion dollar building sector is facing significant change at a time when it has started contracting because of the slowing pace of activity in the home building sector.
Read MoreAs many in the market suspected, Sigma Pharmaceuticals’ putative South African suitor has tried a bit of cheese paring by slicing its proposed 60c a share offer 5c (or 8.25%) to 55c.
Read MoreCredit Suisse, the Swiss investment bank and fund manager, has spent the best part of $200 million in around eight days, building its stake in QBE.
Read MoreAs expected, no rate rise from the Reserve Bank yesterday and indeed, rates could be on hold for an indeterminate time if international worries about economic growth and financial stability continue.
Read MoreThe other side of the current economic paradox, referred to in yesterday’s story on car sales, was shown in the May trade figures, which were, in short, sensational.
Read MoreIt was hardly the most ringing endorsement for the outlook for the Australian sharemarket.
Read MoreBuilding materials group, Boral, aims to raise about $490 million to fund investments, reduce debt and pay for asset write-downs as it restructures the company under a new CEO.
Read MoreMacarthur Coal yesterday raised its full-year profit forecast by about 10% after revealing a late surge in exports in the year to June 30.
Read MoreIf you looked at yesterday’s ANZ job ads figures for June, there’s only one conclusion: the analogue world of newspapers, such as those owned by News Ltd, Fairfax Media, APN and West Australian Newspapers, is well and truly dead insofar as job advertising and associated classified ads are concerned.
Read MoreOnce again the core paradox on the consumption side of the Australian economy has been underlined.
Read MoreCSR has sidestepped a political touchy deal with a big Chinese food group and plumped for a Singaporean company as the buyer of its sugar and ethanol business for $1.75 billion.
Read MoreIt has probably been the most widely expected bid in the market, but that didn’t stop Thai-based group, Banpu, producing a surprise in its offer for Centennial Coal, the medium-sized NSW producer, yesterday.
Read MoreForget the argument over the resource tax, the debate over company tax cuts and the higher superannuation contributions, the most important policy change from the current Labour Government in Canberra could be what it does with the recommendation of the so-called Cooper Review, which examined Australia’s system of providing superannuation and found it wanting.
Read MoreThe US, Europe, China and Japan might be slowing, but India is booming, too much so it seems after Friday’s unexpected interest rate rise.
Read MoreA nasty week that hopefully is not going to be a precursor of more to come.
Read MoreOne day’s fall doesn’t usually mean much, but last Thursday’s $US40 plunge in gold prices has worried a lot of people.
Read MoreFriday’s close on the sharemarket was probably the best immediate reaction to the new mining tax deal announced earlier in the day.
Read MoreThe Reserve Bank won’t touch rates tomorrow.
Read MoreMixed messages from May’s retail sales and building approvals.
Read MoreDepending on your point of view, Australian retailing has lost or gained a competitive force with the South African-controlled Franklins chain selling out to the formerly South African-owned Metcash.
Read MoreDave Rosenberg is one of North America’s better known economists. He works for the Canadian wealth management firm. Gluskin Sheff and Associates and writes an entertaining daily email.
Read MoreAGL Energy Ltd has gone on the takeover trail with a surprise play for small oil and gas explorer Mosaic Oil NL.
Read MoreThe June quarter has made a complete mess of market returns here and offshore.
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