POLITICS & POLICY

Australian Dollar Outlook - 08/03/2012

Bell FX Currency Outlook: The local unit has openedlower after a volatile session as more rhetoric and no firm action from the ECB left markets disappointed.

Australian Stock Market Overview - 08/03/2012 (Morning)

MORNING REPORT (6am AEST)US initial jobless claims edged up by 8,000 to 365k in the final week in July. The 4-week average of jobless claims - a better indication of the underlying trend in the labour market - eased modestly to 365,500. US factory orders fell by 0.5pct in June, well below expectations for a 0.5pct rise. Orders for non-defence capital goods excluding aircraft - seen as a measure of business confidence and spending plans - slipped 1.7pct in June.

Opposition Estimates Minimum of 12 Months to Repeal Carbon Tax

The Opposition had admitted that it would take them some time to repeal the carbon tax if the Coalition wins the 2013 election in Australia. That means despite the promise by Coalition leader Tony Abbott, Australian businesses would be paying the carbon price of $23 per tonne, which is passed on the consumers, at least for another 12 months.
More news

132 Years After Death, Remains of Australia’s Most Notorious Criminal Comes Home, But Skull Still Missing

Ned Kelly, the famous outlaw hanged in 1880 for leading a gang of bank robbers in Victoria and killing three police officers, could very well rest in peace now 133 years after his death after a new exhumation licence was signed by the Victorian government on Thursday that effectively allows the return of the remains of the notorious bushranger to his family and descendants.

350 Jobs to be Available at New Alkane Resources Dubbo Gold Mine in NSW

At least 350 jobs are in for the taking once the gold mine project of Alkane Resources starts constructing in New South Wales (NSW), its first gold mine to be developed in several years. The gold mine will be located near Dubbo in the state's central west.

Australian Dollar Outlook - 08/02/2012

Bell FX Currency Outlook: The Australian dollar is trading just under 1.0500 and is well supported on any dips at the moment. Australia:

Global Markets Overview - 08/02/2012

U.S. stocks finished a tumultuous day of trading a touch lower, as investors were whipsawed by the latest Federal Reserve policy statement and a raft of trading irregularities. The Dow Jones Industrial Average declined 32.55 points, or 0.25%, to 12976.13 after the Fed's statement. Before the announcement, the blue-chip Dow had been up about 30 points.

It Won’t Probably Be Long Before Greenland Turns Into A Mining Haven

Nations around the world, primarily those in Europe, have been patiently "courting" officials of the home rule government of Greenland for potential access into the latter's natural resources after latest satellite data showed that almost 100 per cent of Greenland's ice sheet surface experience melting over a stretch of four days in July, a report said.

Australia, UAE Enter Uranium Sales Accord

Australia and the United Arab Emirates have entered into a uranium sales accord where Australian uranium will be sold UAE to support the latter's nuclear power programme.

Wayne Swan, Clive Palmer Locked Anew in Searing Word-War

Federal Treasurer Wayne Swan revved up his criticisms of mining magnates, claiming that the likes of Andrew Forrest, Gina Rinehart and Clive Palmer represent ‘unashamed self-interest’ and run in counter with ‘egalitarian patriotism’.

NAB CEO Says Australia Has 10-Speed Economy

In a bid to restore business confidence in Australia, National Australia Bank (NAB) Chief Executive Officer Cameron Clyne insisted the country has a 10-speed economy, not a two-speed economy.

Australian Dollar Outlook - 08/01/2012

Bell FX Currency Outlook: The Australian Dollar is fairly much unchanged today after the currency markets played out a quiet session as they await the meeting outcomes of the FOMC and the ECB.

Global Markets Overview - 08/01/2012

The Dow fell Tuesday, as investors looked past a host of positive economic signals and ahead to the Federal Reserve's policy-setting statement, though the blue-chip benchmark ended July with its ninth monthly advance in 10.

EPA Gives OK to Iron Ore Port Facility Near Karratha

The Environmental Protection Authority (EPA), environmental watchdog of Western Australia, has given its support to the construction of a $6 billion worth 350 million tonne per year capacity iron ore processing port facility near Karratha.

Global Markets Overview - 07/31/2012

U.S. STOCKSJ.P. Morgan Chase dragged the Dow Jones Industrial Average into negative territory, marking the ninth-consecutive Monday the blue chips have closed lower.

NZ PM John Key Vows No Opposition for Gay Marriage Bill

Gay marriage proponents gained further ground as conservative New Zealand Prime Minister John Key said on Monday that, using conscience vote, he would likely support a Labor-sponsored bill on same-sex union.

Australian Grain Harvest Could Go Down in 2012-2013

Grain growers in Western Australia are unsure they can replicate 2011's favourable production what with a persistent dry weather coupled with frost that could possibly affect overall grain yield for 2012- 2013.

Queensland Public Service Cuts Leave Brisbane CBD Almost Empty

Thanks to Queensland's public service cuts, finding a parking space in Brisbane's central business district is no longer a problem. Besides the lesser number of public servants reporting for work, fewer Queensland residents go to Brisbane for business.

Abbott Insists Aussies Still Fear Carbon Tax

Using the half glass point of view, Opposition leader Tony Abbott insisted on Monday that despite recent survey results showing more acceptance of the carbon tax, many Aussies still dislike the $23 per tonne carbon price.

Australian Dollar Outlook - 07/31/2012

Bell FX Currency Outlook: The Australian Dollar edged even higher overnight posting a fresh high above 1.0500 against the US Dollar.

Pages

  • Prev
  • 223
  • 224
  • 225
  • 226
  • 227
  • 228
  • 229
  • 230
  • 231
  • Next