Australia Needs More Fed Gov't Spending -- AI Group
The Australian Industry Group has urged the federal government to put on enough spending so as not to derail the economy now reeling from weak revenues from the mining sector.
Australian Dollar Outlook - February 6, 2014
Bell FX Currency Outlook: The Australian Dollar has opened firmer this morning having consolidated above the 0.8900 level.
Australian Dollar Outlook - February 5, 2014
Bell FX Currency Outlook: The Australian Dollar rises above 0.8900 on Reserve Bank comments.
Rare Earths in Canada: Quebec Flourishes with Untapped Heavy Rare Earths
Canada's Quebec have enough heavy rare earths minerals to spur the demand for electric cars in the future, a study made by the KPMG-SECOR commissioned by Matamec Explorations Inc. and Toyotsu Rare Earth Canada (TRECan) had revealed recently.
Australian Dollar Outlook - February 4, 2014
Bell FX Currency Outlook: The Australian Dollar continued to range trade overnight ahead of the Reserve Bank of Australia's February cash rate decision today.
Australian Dollar Outlook - February 3, 2014
Bell FX Currency Outlook: The Australian Dollar fell to 0.8700 on Friday night amid weaker equity markets and a generally negative tone in the financial markets due to some recent disappointing earnings results but has recovered and starts this week at a higher level.
Australian Dollar Outlook - 31 January 2014
Bell FX Currency Outlook: The Australian Dollar bounced overnight despite a strengthening US Dollar following strong US Q4 GDP data.
Australian Dollar Outlook - 28 January 2014
Bell FX Currency Outlook: The Australian Dollar has recovered slightly, after hitting a low of USD0.8660 over the long weekend.
Australian Dollar Outlook - 23 January 2014
Bell FX Currency Outlook: The Australian Dollar remains above USD 0.8800 after inflation figures came in stronger than expected, making another cash rate cut highly unlikely.
Oil Treaty Dispute: Australia Refuses to Give in to East Timor’s Demands
In response to East Timor’s urging on the International Court of Justice to force Australia to return seized documents regarding the two countries’ controversial oil treaty, Australian authorities defends their position and rejects to give in to the demands.
Oil Treaty Dispute: East Timor Lobbies Anew vs Australia in International Courts
In an aggressive move to regain its position in the oil treaty dispute, East Timor asked the International Court of Justice Monday for Australia to return data and documents it confiscated from the former’s lawyer in December.
CO2's CEO Grant Resigns as Australia Draws New Climate Policy
Andrew Grant steps down as CEO of CO2 Group Ltd, the largest carbon developer in Australia, as government draws on a new policy to adjust to climate change, thereby forcing the company to consider investing into new business areas.
Australian Dollar Outlook - 20 January 2014
Bell FX Currency Outlook: The Australian Dollar traded at a new 3½ year low on Friday as the market digested the weak local employment data from Thursday.
Australian Dollar Outlook - 16 January 2014
Bell FX Currency Outlook: The Australian Dollar is slightly weaker this morning after a continuation of yesterday's moves in markets overnight.
Australian Dollar Outlook - 15 January 2014
Bell FX Currency Outlook: The US budget committee has agreed on a spending plan through until September 30th, which alleviates concerns about the US fiscal situation,
further supporting the USD.
Australian Dollar Outlook - 14 January 2014
Bell FX Currency Outlook: Overnight the Australian Dollar has held onto recent gains above USD0.9000 in quiet trade.
Australian Dollar Outlook - 13 January 2014
Bell FX Currency Outlook: The Australian Dollar traded to .9000 on Friday night as the US non-farm payroll data fell well short of expectations.
Atlassian Initiates Transfer to UK; AU Misses Out on Tech Investment
Australian software company Atlassian Corp., in a move to boost initial offerings in the US and for healthier regulatory incentives, seeks to transfer domicile to the UK.
Australian Dollar Outlook - 9 January 2014
Bell FX Currency Outlook: The Aussie Dollar hits a lower note after the US Federal Reserve December Policy meeting minutes and the release of some good US employment data.
Gift Cards: Be Wary, Shop Wisely
Gift cards are a popular present but they are also a rising cause of complaints, with Consumer Affairs Victoria receiving more than 60 complaints about gift cards between 1 January and 30 June 2013, doubling the 30 complaints received for the whole of 2012.
Australian Dollar Outlook - December 12, 2013
Bell FX Currency Outlook: There are market expectations that the Fed may taper its bond purchases in December after the strong US payrolls report last Friday.
Australian Dollar Outlook - December 11, 2013
Bell FX Currency Outlook: The Australian Dollar has opened back
above USD0.9100 amid recent stronger data out of the US and China.
Australian Dollar Outlook - December 6, 2013
Bell FX Currency Outlook: Tonight's US non-farm payrolls report will be scrutinised by financial markets for its implications for the US Federal Reserve's asset purchasing
program.
Australian Dollar Outlook - December 5, 2013
Bell FX Currency Outlook: Yesterday in Australia, GDP grew by only 0.6% q/q in Q3, weaker than market expectations seeing the Aussie Dollar weaker.
Australian Dollar Outlook - December 4, 2013
Bell FX Currency Outlook: The Australian dollar has moved above US 0.9100 in preparation for key American economic data
releases.
Retail Banks to Switch Focus in 2014
Retail banks' priorities are set to switch in the next year, with revenue growth taking precedence over cost-control and compliance management. New research* from Ovum, a leading global analyst firm, reveals that although cutting expenditure and complying with regulations will continue to be vital, retail banks must focus on revenue enhancement to provide a sustainable return for stockholders.
Australian Dollar Outlook - December 3, 2013
Bell FX Currency Outlook: The Australian Dollar lost ground overnight on the back of a much stronger ISM result out of the US.
Australian Dollar Outlook - 29 November, 2013
Bell FX Currency Outlook: The Australian Dollar is trading below USD 0.9100 this morning as it maintains its base around its fresh three-month low amidst declining commodity prices and a rallying US Dollar.
Australian Dollar Outlook - November 26, 2013
Bell FX Currency Outlook: The Australian Dollar has held up well overnight despite some USD strength.
Australian Dollar Outlook - 21 November 2013
Bell FX Currency Outlook: Fed minutes indicate a likely tapering in coming months.