While the credit crunch blows out the candles on its first birthday cake, two more voices of gloom have suggested we start planning a cake for its second, writes Glenn Dyer.
Rates
Businesses still feeling the inflationary pinch
The producer price index might have come it a bit lower than expected, but inflationary pressures continue to impact the broader economy, writes Glenn Dyer.
Morning Market Report
The highs and lows from today’s sharemarket.
US market’s dead cat bounce: pick your breed
The US market might have rallied overnight, but the only question is when it will return to flatlining, writes Glenn Dyer.
Woolies’ earnings strong, but RBA measures starting to bite
Woolworths returned a healthy set of numbers this morning, but there is evidence within them that the RBA’s measures to temper consumption are starting to work, writes Glenn Dyer.
Bank of Queensland suffering in New South Wales
For a combination of factors, bank of Queensland franchisees are suffering financial pain in in Sydney. From banking industry ezine The Sheet.
Briefly Business: Jobs, Onions, GM goes Back To The Past
iPhail … Outsourcing iPhone marketing to the AFR … The best and brightest … Onion futures … GM’s share price goes Back To The Past
CommBank the latest to slug borrowers
CommBank might have raised it rates again, but there is one tiny ray of good economic news on consumer confidence, writes Glenn Dyer.
Surprise, surprise, IAG’s new CEO says predecessor stuffed up
The doom and gloom across Australia’s heavily indebted corporate sector showed no signs of letting up today as Insurance Australia Group’s new CEO unveiled his much-anticipated strategic review, writes Stephen Mayne.
Morning Market Report
The highs and lows from today’s sharemarket.
Morning Market Report
The highs and lows from today’s sharemarket.
Rising oil acts like another rate rise
New figures out today confirm that Australia’s already sluggish economy is continuing to slow, 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.
RBA June minutes: rates weren’t even on the table
Minutes of the Reserve Bank’s June meeting show a rate rise wasn’t even considered, writes Glenn Dyer.
$AU at 95.50: that’s no Pacific Peso
The Australian dollar is on a high, writes Glenn Dyer.
Stronger retail figures muddy the economic picture
Retail trade figures outstripped expectations with a 0.5% rise in March. Is that good or bad news? ponders Glenn Dyer.
US Fed slashes rates to 2% as slump deepens
There were smiles all round as the latest US growth figures were better than expected, but a closer look at the numbers reveals some horrifying holes, writes Glenn Dyer.
Crikey Says: Crikey Says
We live in strange and contradiction-laden times.
Retail feels the pinch as buyers snap wallets shut
Retail spending is being hit from all sides, writes retail commentator Rob Lake.
2009 rate cut? RBA minutes make you wonder
The RBA has stepped up its chats to retailers and it now expects inflation rise less than forecast back in February, reports Glenn Dyer.
Consumer and business confidence down: did the RBA go to far?
The sharp fall in sentiment and expectations emphasises the belief by some economists that the RBA may have made one rise too many, writes Glenn DYer.
RBA winning the fight against inflation
The RBA’s campaign to slow the economy by raising interest rates seems to be working a treat, writes Glenn Dyer.
Settle down everyone: RBA boss speaks out as retail sales dive
RBA Governor Glenn Stevens has delivered a few calming words about the economy, writes Glenn Dyer.
