EIN News: Australia Economy News

Confirmed: O2 tank blew hole in jet

29 Aug 2008 21:08 GMT

... body were found near a door between economy and business class. Green paint smears were ... smears were also found in the area. Australian Transport Safety Bureau investigators are trying to ...

Labor's future in the balance

29 Aug 2008 20:57 GMT

... all. It's not as if any West Australian government with the slightest pretensions to competence ... epicentre of the resources boom, has an economy powering along at about 6 per cent ... producing bulging budget coffers and has an unemployment rate of 3.1 per cent, well below ...

Pound suffers worst month since 1992

29 Aug 2008 20:51 GMT

... week as evidence mounted that the UK economy was headed for recession. Earlier this month, ... 1.2 per cent to $0.8562 against the Australian dollar and gained 1.6 per cent to ...

FOREX-Dollar to close August with best month in a decade

29 Aug 2008 20:49 GMT

... of government stimulus wore off, while an inflation measure was at a 17-year high. For ... report I think is that the U.S. economy is nearing a bottom," said Greg Salvaggio, ... at 1.8221 on the day . The Australian dollar fell 8.6 percent in August, its ...

Japan Agrees With Australia, India To Push WTO Free Trade Talks

29 Aug 2008 20:46 GMT

... Asif Ali Zardari, separately. Guerrero stated that additional actions are needed to safeguard the economy against further shocks in an effort to ensure that Pakistan will be able to ...

Study: Consumers predict inflation like the pros

29 Aug 2008 20:38 GMT

... consumer attitudes and expectations about the U.S. economy. One part of the survey, its Index ... the results, they looked at data for Australia, and reached a similar conclusion, though consumers ... important, because expectations can fuel behavior. "Expected inflation is a critical variable, and one of ...

Study shows consumer gauge of inflation is as accurate as professional economists

29 Aug 2008 20:28 GMT

Asian stocks rally on Wall Street gains, stronger - than - expected US economic growth

29 Aug 2008 20:28 GMT

... with India's Sensex soaring 3.7 percent and Australia's S&P/ASX 200 rising 1.4 percent. Even Thai ... 1.85 percent, after the government said America's economy grew 3.3 percent at an annual pace ...

Olympic gold eludes some results

29 Aug 2008 20:13 GMT

... there were few gold medal performers, corporate Australia did enough to restore fragile confidence to ... "Admittedly, this time we're in a slowing economy but people certainly think this market is ...

Horne ready for shock return

29 Aug 2008 20:13 GMT

... calculated risk," coach Richard Agar, who replaced Australian Peter Sharp just a couple of months ... Anderson before he returns home - to unemployment. Anderson missed out on the NRL jobs ...

The Democrat hopefuls

29 Aug 2008 20:13 GMT

... when our nation is at war, our economy is in turmoil and the American promise ... would win support from allies, such as Australia. "I'm not sure there is going to ...

US growth takes shine off Aussie

29 Aug 2008 20:12 GMT

... THE Australian dollar was weaker during Asian trade yesterday, ... yesterday, which was likely to boost second-quarter GDP next week. "The economic environment is a ...

US dollar up, but this is no rebound

29 Aug 2008 20:12 GMT

... of the oil price to the global economy, it's hard to see how it won't ... is they'll take their eye off the inflation ball. Authorities have been only looking to ... price outlook and currencies such as the Australian dollar. Despite the doom and gloom, China ...

Harvey Norman steady against odds

29 Aug 2008 20:12 GMT

... HARVEY Norman, Australia's biggest electrical retailer, has weathered tough retail ... expenditure at a time when the NSW economy was slowing. "The fact that the company ...

Labor searches for economic direction

29 Aug 2008 20:12 GMT

... message it should be delivering about the Australian economy. For too long, Treasurer Wayne Swan ... Treasurer Wayne Swan has harped on the "inflation legacy" bequeathed to Labor when the party ... is partly a result of having an economy performing at a once-in-a-generation gangbusters rate. Until ...