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Budget: Are Things Looking Up?
Budget day today, all the bad news (and hopefully some good) will be detailed tonight from 7.30 pm.
Read MoreDiary: A Big Week, Again
In Australia, the Federal Budget will be the main event and it is likely to be a tough one for high income earners and for the economy generally in the picture it will paint of the next year.
Read MoreChina 2: It Can’t Lead Us Back To Boom Alone
There’s another, slightly different view of China’s prospects from the International Monetary Fund which this week produced its latest outlook for the economies of the region, including Australia and New Zealand.
Read MoreChina 1: Rebound To Help Australia
The AMP’s Dr Shane Oliver says China’s economy is recovering off the back of a combination of fiscal and monetary stimulus and signs the export slump is easing. It is on track for 8% GDP growth this year.
Read MoreNews Corp’s Poor Quarter
Rupert Murdoch mumbled a few words about how things seem to be changing for the better and up surges the News Corp share price, as investors forgot what a rotten track record Mr Murdoch has in forecasting.
Read MoreGPT Holds Its Hand Out For $1 Billion-Plus, Again
The property sector has long been the Achilles heel of Australian banking and investment, from the big guys, to the little investor.
Read MoreLabour Force Figures’ Unreal Picture
It would be an understatement to say that the April unemployment and jobless rate figures yesterday staggered markets, the Government and regulators.
Read MoreTrade Surplus Grows… But For How Long?
The 43% in March’s trade surplus from February’s revised surplus, to a near record $2.5 billion was much bigger than market forecasts for a surplus of around $1.7 billion.
Read MoreFirst Home Buyers Building Grant Working
Building approvals out yesterday told us that despite the sharp fall in home prices in the eight major capitals in the March quarter, new home construction is recovering very nicely.
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