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Australia Economy News. Service for global professionals. Constantly updated news and information about Australia.
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Latest Australia Economy News

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  • Top Five Graphs of the Week - Is GDP Growth Back? 20 Dec 2009 16:15 GMT
    ... In the past couple of months the GDP data for Q3 has come through for ... be the key test for the US economy in 2010. The Eurozone also recorded a ... increases in the last few months). The Australian economy has been assisted in part by ...

  • 23 arrested in Australia climate protest 20 Dec 2009 08:19 GMT
    ... shut down the railway line leading to Australia's biggest coal export facility on Sunday, in ... industry, a major contributor to the Australian economy, should be prepared for more protests. "Civil society ...

  • 23 arrested in Australia climate action: activists 20 Dec 2009 07:15 GMT
    ... consensus and would disappoint many. "The US, Australia, and other wealthy countries wrecked the Copenhagen ... industry, a major contributor to the Australian economy, should be prepared for more protests. is getting ...

  • Health of next year's economy depends on us and our spending ways 20 Dec 2009 05:28 GMT
    ... Health of next year's economy depends on us and our spending ways ... rates will start to rise - Israel, Australia and Norway have already started to hike. ... a small chance of a further cut. Inflation finally fell below the ceiling of the ...

  • Australia wanted more out of Copenhagen climate conference: Wong 20 Dec 2009 03:55 GMT
    ... Climate change minister Penny Wong says Australia had hoped to achieve more from the ... world's nations, the majority of the world's economy. "That is what counts and what counts now ...

  • Rare chance to cut youth unemployment 20 Dec 2009 04:30 GMT
    ... to keep them alive and pumping. In Australia's instance, it worked - and arguably saved ... the greatest challenges the Illawarra faces. With unemployment dancing around 10 per cent we are ...

  • Long Shadows of an Economy and a War 20 Dec 2009 03:14 GMT
    ... is a calm reflection on the changing value of things over time. In the Australian filmmaker Steve Jacobs's faithful screen adaptation of plays its protagonist, David Lurie, an arrogant ...

  • Have we seen the last of the bad-debt banks? 20 Dec 2009 16:11 GMT
    ... he warned. Given how dependent the UK economy is on the services (and particularly financial ... head of UK market economics at National Australia Bank, believes that the obligation on (or ... and if assets rise in line with inflation and GDP, ultimately the taxpayer will end ...

  • Work awards face major changes 20 Dec 2009 16:04 GMT
    ... January 1 for contraventions under the new Australian workplace standards. In major and complex changes, ... to new agreements based on the National Employment Standard. Also from January 1, new tribunals ...

  • Reserve may have rushed on rates 20 Dec 2009 13:56 GMT
    ... of the national accounts show that although Australia's economic performance has certainly been remarkable compared ... Reserve Bank's three measures of growth, the economy is producing less now than it was ... and income to generate its figure for GDP. In theory, they should all produce the ...

  • USD Weekly Outlook: Sovereign Debt Threat, Thin Liquidity, Stalling Stocks Boost the Buck 20 Dec 2009 09:03 GMT
    ... Monday-Chicago Fed National Activity Index, Tuesday- Final GDP q/q, Existing Home Sales, Wed.-Core PCE Price ... risk and the Euro CPI growth raises inflation concerns and rate hike expectations, FOMC suffices ... sets up for breakouts against the euro, Australian dollar, British pound and Canadian dollar The ...

  • A look ateconomic developments around the globe 20 Dec 2009 04:34 GMT
    ... a recovery in the world's No. 2 economy. The central bank's statement on deflation came ... percent, South Korea's Kospi eased 0.1 percent, Australia's index dropped 0.4 percent and China's Shanghai ... Union's euro-zone requirement of 3 percent of GDP by the end of 2013. Papaconstantinou did ...

  • The year of spending dangerously pays off 20 Dec 2009 11:54 GMT
    ... prices and cheaper imports also helped insulate Australians from the economic upheaval abroad. "If you've ... past 12 months. But 163,000 found part-time employment, and the jobless rate has stayed under ... cent. "Even the Government was expecting an unemployment rate above 8 per cent," Mr Sebastian ...

  • Spending dangerously pays off 20 Dec 2009 13:23 GMT
    ... prices and cheaper imports also helped insulate Australians from the economic upheaval abroad. "If you've ... past 12 months. But 163,000 found part-time employment, and the jobless rate has stayed under ... cent. "Even the Government was expecting an unemployment rate above 8 per cent," Mr Sebastian ...

  • Andrew Milligan: Look for yields rather than capital gains in next 12 months 20 Dec 2009 00:19 GMT
    ... the cost of capital, corporate cash flows, inflation – and behavioural finance issues: put simply, ... year, led by such countries as China, Australia and Korea, with other G7 economies lagging ... Next spring we should start to see unemployment rates roll over. By the summer we ...


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