Julia Gillard says Australia's exchange rate would likely remain around historic highs as investors around the world sought to buy the country's high-yielding assets. The Prime Minister said the strong currency needn't be viewed as ...
Tags: Julia Gillard, Prime Minister, economy
Registration for the 2013 Hydraulic Institute (HI) Technical meeting is now open. This year?s meeting will take place June 26-28 at the Lincolnshire Marriott Resort in Lincolnshire, Illinois. Members of the Hydraulic Institute, Associate ...
THE Australian dollar rose today on better-than-expected February trade data but failed to sustain gains as traders wait for central bank meetings. The Bank of Japan and the European Central Bank hold policy meetings in the coming days, ...
Tags: Australian Dollar, economy
THE Australian dollar pushed higher during Asia trade today, helped by a weaker greenback and after the Reserve Bank of Australia said interest rate cuts are starting to flow through the economy, buoying market expectations that the bank's ...
Tags: economy
The dollar has opened near $1.042 as market players look ahead to the Reserve Bank of Australia's interest rate decision. At 7am AEDT, the Aussie was at $1.0422, steady with Thursday's local close. Australian markets were closed on Good ...
Tags: economy, dollar, Australian markets
Rather than pushing products that they make, Indian textile exporters should upgrade their skill of identifying the needs of different markets and accordingly make products to cater to the demand of that market, a five-member team of ...
The AWEX Regional Indicators finished 2.0% lower, on average, at sales in Sydney, Melbourne and Fremantle last week. The US exchange rate rose by 0.9% to break above the 104¢ for the first time since mid-January. This was the last ...
Tags: Textile
The Australian dollar fell sharply today after China announced a tightening of controls on high-yielding financial products that form a key part of the country's shadow-banking system. Traders said the announcement highlighted risks that ...
Tags: Financial Rules, Australian Dollar, high-yielding financial products
THE dollar is trading near $US1.046 heading into the start of the domestic trading day. At 6.30am AEDT, the Aussie was trading at $US1.0458, little changed from yesterday's local close of $US1.0455. During the overnight offshore ...
Tags: economy
THE dollar has opened firmer, with gains on US and European sharemarkets helping lift the currency near $US1.05. At 7am AEDT, the Aussie was at $US1.0486, up from yesterday's local close of $US1.0465. The local unit reached a high of ...
Cotton Australia is rallying the industry behind a campaign to stop a proposed 17.5% increase in electricity tariffs for Queensland growers. Cotton Australia’s Policy Manager for Queensland & Water, Michael Murray, says the ...
Tags: cotton sector, cotton, cotton fetches
THE dollar has opened marginally higher as the Cyprus bailout deadline approaches. At 7am AEDT, the Aussie was trading at $US1.0438, up slightly from Friday's local close of $US1.0426. During the weekend offshore session, the currency ...
Tags: economy
THE Australian dollar rose to a two-month high on the back of news of a bailout deal to support banks in Cyprus and its embattled government. The bailout will consist of US$10 billion in financing for the government and require the ...
Tags: ceonomy, Australian dollar
A strong advocate for Australian wool, TV celebrity and Aussie mum Catriona Rowntree appears to be right on target with the launch of some exciting new products in her babywear range. Stocked in selected Target and Target Country stores ...
Tags: Merino wool, babywear, fibre
Australian stocks have opened higher, with the big retail banks and major energy companies leading the broader market higher. At 10.10am AEDT, the benchmark S&P/ASX200 index was up 14.6 points, or 0.29 per cent, at 4981.9 points. The ...
Tags: Australian stocks, Banks, economy