The Reserve Bank has abandoned controlling inflation as its primary policy mission this year. It;s now all about preventing a damaging economic slowdown, writes Glenn Dyer.
Rates
Morning Market Report
The highs and lows from today’s sharemarket.
Morning market report
All the latest market news, brough tto you by Marcus Padley.
AIG and Freddie Mac farewell another $15 billion
Just when it seemed a bit confidence was returning to the market, two American corporate giants shared their bad news with onlookers, writes Glenn Dyer.
Briefly Business: Charlie Aitken, Terry McCrann
Like the rest of us, Charlie Aitken is only right some of the time. One of Australia’s most oft-quoted stockbrokers is Southern Cross Equities’ Charlie Aitken. For a while, Aitken was hailed as a sage, almost a celebrity. However, as we learned from Henry Blodget and Mary Meeker, notoriety and accuracy are not necessarily correlated. […]
Richard Farmer’s political bite-sized meaty chunks
Rudd a reluctant bank critic … Back to their best … The vanquished and the victor.
RBA cut = mortgage cut? Not necessarily
The link between the RBA cash rate and the banks’ mortgage rate is not as strong as it was, writes Saul Eslake.
Morning Market Report
The highs and lows from today’s sharemarket.
RBA leaves rates on hold
Signs that global economic activity is easing are unlikely to have a big impact on interest rates either here or overseas in the immediate term, writes Glenn Dyer.
House prices are falling … it’s official
The ABS figures on Australian house prices for the June quarter confirm what we all know, writes Glenn Dyer.
Morning Market Report
The highs and lows from today’s sharemarket.
If it walks like a recession, and talks like a recession…
You can’t argue with the numbers, says Glenn Dyer. The US is one short step away from being in recession.
Crikey Says: Crikey says
Terry McCrann has been certain before…
Morning Market Report
The highs and lows from today’s sharemarket.
Building approvals down. Rates to follow?
As the housing industry continues to weaken, some are sharpening their predictions interest rates , writes Glenn Dyer.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
Australia and New Zealand: economies at odds
The New Zealand reserve bank has cut rates. Will we be next, wonders Glenn Dyer?
Ultra-cheap retailers not immune from US economic gloom
Even retailers like Costco, who sell for a fraction above wholesale price, are feeling the pinch as consumers sdpend their money more carefully, writes Glenn Dyer.
Briefly Business: ABC, Gunns, Fuwa
ABC Learning proves the rule … Gunns back in the money … Busting Trust … Food and oil price rises take toll in Asia.
US banking sector set to be reshaped by credit crunch
More bad news from US banks overnight shows the continuing impact of the credit crunch, and that the US banking sector could look quite different once the crunch has ended. By Glenn Dyer.
Inflation kicks on, but rates will hold
Australian interest rates will be on hold for a while longer after the headline Consumer Price Index rose 1.5% in the June quarter, writes Glenn Dyer.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
