The Australian dollar fell sharply in Asian trading yesterday on news that economic growth in China, Australia's largest trading partner, was much slower than expected in the first quarter of this year. At 5pm AEST, the dollar was buying ...
Tags: Aussie Dollar, GDP growth
The AWEX Regional Indicators finished 5.6% lower, on average, at sales in Sydney, Melbourne and Fremantle last week. The US exchange rate rose by 0.5%.It was a disappointing opening sale after the Easter break. Demand from all parts of ...
Tags: Aussie Wool, Wool Prices
The dollar has pushed higher, helped along by continued strength on sharemarkets. At 5pm AEST today, the Aussie was at $US1.0556, up from $US1.0521 yesterday. OzForex chief currency strategist Jim Vrondas said the local currency ...
Tags: Dollar, Sharemarket Strength
TELSTRA has kicked off a review of its digital media and IPTV division and flagged as many as 55 job cuts as the telco giant explores new ways to push its premium content and the resale of Foxtel pay-TV services to consumers. The review ...
Tags: IPTV, Consumer Electronics
MICROSOFT is moving to bolster its new tablet fleet as declining sales of PCs create concerns around sales of Windows 8. The Wall St Journal reports Microsoft is developing a fresh range of its Surface tablets, including a 7-inch screen ...
Tags: Computer Products, Consumer Electronics, PC
THE dollar hit a fresh 10-week high following gains on US sharemarkets, but lost some ground due to disappointing jobs figures. At 5pm AEST today, the currency was trading at $US1.0521, up from $US1.0509 yesterday afternoon. It earlier ...
Tags: economy
THE dollar is back above $US1.04, thanks to weakness in the greenback and softer Chinese inflation figures. At 5pm AEST, the Aussie was at $US1.0424, up from $US1.0379 yesterday. Rochford Capital senior consultant Richard Breen said ...
Tags: economy
The Australian dollar opened higher as a fresh bout of US dollar weakness and firmer commodities prices pushed the local currency towards 105 US cents. At 7am AEST the dollar was at 104.90 US cents, up from yesterday’s local close ...
The Aussie rallied against the greenback to its highest level in 2 1/2 months on the back of data that showed solid growth in exports to China, the country's largest trading partner, over the past year. China posted a trade deficit of ...
Tags: Dollar, Exports to China
Holden managing director Mike Devereux has cited the decline in Holden Cruze sales as “mostly attributable” to the Adelaide manufacturing job losses announced today. Devereux listed the strength of the Australian dollar, ...
Tags: Holden Cruze, car, Auto
The Australian dollar was lower yesterday after worldwide confidence was dented by news on Friday of weaker than expected employment growth in the US last month. At 5pm, the dollar was buying $US1.0379, down US0.36c. The US jobs report ...
Tags: Aussie Dollar, Dollar
In the coming years, the Australian fashion and apparel industry is expected to experience a boom due to a more relaxed spending approach of the shoppers, says a report released by the Melbourne-based research company IBISWorld. For ...
Tags: Apparel Industry, Apparel
IT'S nine months since an Aussie start-up began shipping its army of little Ninjas which promise consumers hi-tech surveillance and home automation. At that time, Marcus Schappi and wife Madeline were immersed in an intensely manual ...
At least $200 million will be invested into early stage, high growth Australian companies by three new venture capital funds supported by the federal government’s Innovation Investment Fund (IIF). The IIF is a Government vehicle ...
Tags: venture capital funds, Bionomics, Pharmaxis
Performance, Ride & Handling 4 Comfort & Interior 4 Quality & Design 4 Value & Features 4 The Nissan Altima already fronts the V8 Supercars program for its marque, but this markedly different production version won't go on sale in ...
Tags: Auto Parts, Transportation, car