Latest Australia & New Zealand Inflation News
- Export sector expected to be the big winner 24 Jul 2008 17:59 GMT
... its peak five months ago. Against the Australian dollar it is A77.5c, 13 per cent ... the coming 18 months," said Bank of New Zealand chief economist Tony Alexander. While the Reserve ... they do we won't have as much inflationary impact from a lower dollar. One will ...
- Speedy ASB acts on shock rate cut 24 Jul 2008 17:36 GMT
... ASB has defied expectations and cut its two-year fixed rate ... said Stephen Toplis, of the Bank of New Zealand. He expects a series of cuts to ... was a risk of a further slowdown. Inflation "should peak around 5 per cent in ...
- Cost of living figures the banks cannot i... 24 Jul 2008 17:13 GMT
... have risen 3.9pc over the past year AUSTRALIA'S hard-working families yesterday were told officially what ... food and a rental market squeeze, the inflation rate surged 1.5 per cent in the June ...
- Octillion Announces Appointment of Mr. Joseph Sierchio, Esq. to Board of Directors 24 Jul 2008 17:12 GMT
... States, Canada, United Kingdom, Germany, Italy, Switzerland, Australia, and Hong Kong. Mr. Sierchio is admitted ... and research scientists, changes in interest rates, inflationary factors, and other specific risks. We currently ...
- Best way to incubate retirement egg 24 Jul 2008 17:10 GMT
... be withdrawn plus an extra amount for inflation. If inflation were 3 per cent, in the ... comfortably?" The Association of Superannuation Funds of Australia, a few years back, released the results ...
- ASIAN MARKETS - SHARES END BROADLY HIGHER - JULY 24, 2008 24 Jul 2008 16:48 GMT
... per cent Thursday as investor jitters over inflation and economic uncertainty eased on a recent drop ... 34.38 points to end at 1,626.14. The Australian share market closed 0.52 per cent in ...
- Soaring cost hits consumers 24 Jul 2008 16:47 GMT
... has found that from 2001 to 2006, Australians took home an extra 31 per cent ... yesterday's cost of living figures, which showed inflation is at its highest level in 17 years. ...
- Rates in the balance 24 Jul 2008 16:47 GMT
... households came a day after the headline inflation data for the June quarter hit a 12-year ... keeping borrowing rates under constant review, NAB Australian bank boss Ahmed Fahour last week said ...
- Steve Lewis: Beware the Margaret factor 24 Jul 2008 16:47 GMT
... This is not Struggle Street - rather it is the affluent heart of middle Australia. But just like Margaret, the impact of rampant inflation is causing gloom for many. Across Australia, MPs from both sides are reporting growing despair ...
- NZ cuts rates over recession fears 24 Jul 2008 16:43 GMT
... Published: July 24 2008 08:50 | Last updated: July 24 2008 17:05 New Zealand cut its benchmark interest rate on Thursday ... industrialised world after Iceland – despite rising inflation, forecast to peak at 5 per cent ...
- Don't jail our good workers, bosses plead 24 Jul 2008 16:39 GMT
... sectors, are driving up wages and fuelling inflation, which hit a 17-year high on the back ... to service $1.7 trillion of forecast work. Australian Manufacturing Workers Union state secretary Andrew Dettmer ...
- Oil and metals dip as demand takes hit 24 Jul 2008 16:37 GMT
... commodities less attractive as a hedge against inflation. The latest pullback in oil came on the ... towards the heavily discounted banking sector. National Australia Bank energy economist Gerard Burg said consumers ...
- NZ cuts rates as slowdown bites 24 Jul 2008 16:37 GMT
... NEW Zealand's central bank has cut its benchmark official ... economic slowdown. "Provided that the outlook for inflation continues to improve and there is no ... inflation outlook," Ms Turner said. Against the Australian dollar, the Kiwi dollar fell to 77.29c, ...
- Mortgage stress to mar yuletide 24 Jul 2008 16:37 GMT
... Christmas cheer for more than one million Australian households. Home loan lender Wizard, which estimates ... price index figures released on Wednesday showing inflation at 4.5per cent, the Wizard chief said sharp ...
- Sarkozy threat new blow to trade talks 24 Jul 2008 16:37 GMT
... Irish economy and address the issue of inflationary pressures. 35 leading trade negotiators are meeting ... the US, the EU, Japan, India, Brazil, Australia and China were involved in talks until ...
- New threat to cheap Chinese goods 24 Jul 2008 16:35 GMT
... responsible for driving down the prices of Australian consumer goods such as clothing and furniture ... on some of the pressure from rising inflation in the region. While Australian consumers have ... at similar levels in Malaysia and Singapore. New Zealand's central bank yesterday cut its interest rate ...
- Stocks May Pause In Reaction to Mixed News; Housing Report in Focus - RTTNews Daily Market Analysis 24 Jul 2008 16:12 GMT
... view that weak economy could bring down inflationary pressures only if inflation expectations are contained. ... sector, Korean Air Lines climbed 2.2%. The Australian market also closed higher, extending Wednesday's sharp ...
- Shooting Ourselves in the Food 24 Jul 2008 16:08 GMT
... to end the golden period of low inflation that has been enjoyed practically worldwide for the ... the past several years. The specter of stagflation haunts us as the cost of food ... two successive years of severe drought in Australia, an important contributor to world supply, could ...
- Oil price falls as speculators bale 24 Jul 2008 15:50 GMT
... promising further relief at the bowser for Australian motorists. Concern that the US economic downturn ... result in a significantly lower reading for inflation in the September quarter, with it possibly falling ...
- Circumventing Bank Failure Risk 24 Jul 2008 15:48 GMT
... to hedge against it. As countries like Australia, New Zealand do not offer insurance against bank failure; ... plummet, and the US Federal Reserve halts inflation, the stock market could rally. In this ...
- Economic Freedom as a Human Right 24 Jul 2008 15:39 GMT
... showing, with Hong Kong (1st), Singapore (2nd), Australia (4th), New Zealand (6th), and Japan (17th). Three of the ... May 24, 2007. See also CNN.com, "Zimbabwe Inflation Now 66,000%," February 15, 2008, at U.S. ...
- New Zealand reverses stance on rates 24 Jul 2008 15:30 GMT
... 18:18:00 MARK COLVIN: The Reserve Bank of New Zealand has cut interest rates for the first ... may already have fallen into a recession. Australia's economy is in better shape but many ... nation's central bank had responded to rampant inflation by increasing interest rates. Until today that ...
- BRIEFING - ASIA BANKING - JULY 24, 2008 24 Jul 2008 15:30 GMT
... three months until the end of July. AUSTRALIA COULD TAKE LEAF OUT OF NZ'S BOOK ... BOOK AND CUT RATES SYDNEY - The New Zealand economy's response to high interest rates and ... show some restraint with mortgage rates, saying inflation data out today is further evidence families ...
- Rates pain to persist, CBA warns 24 Jul 2008 15:10 GMT
... home lending rates and official rates. National Australia Bank retail banking head Andrew Thorburn said ... gloomy outlook on rates came as CBA's New Zealand subsidiary ASB Bank passed on a 25 ... after it was revealed that annual headline inflation had reached its highest level in more ...
- Globe gets P4-B loan from BDO 24 Jul 2008 13:54 GMT
... by double-digit this year because of high inflation. "Rising food and fuel prices may continue to ... 40 percent year-on-year despite high inflation. abs-cbnNEWS.com Australian miner OceanaGold is talking to financial firms ...
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