THE Australian dollar's recent rally may be pausing at the moment,but that doesn't mean it has stopped. Reading between the lines of an interview with Reserve Bank of Australia governor Glenn Stevens this week,there might well be reason ...
Tags: Australian dollar, Aussie, RBA
The Australian dollar is slightly lower on concerns the United States'budget problems will not be resolved before the year's end. At 07:00 AEDT,the currency was trading at$US1.0488,down from$US1.0491 yesterday afternoon. Bank of New ...
Tags: THE Australian dollar, currency, dollar, fiscal cliff
Closely held International Base Metals Limited has secured AUD 30 million cornerstone investment from China as it looks to develop a copper mine in southern Africa. IBML, advised by Azure Capital also hopes to use some of the funds raised ...
Tags: Chinese miner, copper mine, mining assets, Metals
Time for a new deck or backyard patio? Since you are way to busy to DIY, you have done your research online and found a bunch of providers that could do the installation. But before hiring a contractor, you want to be aware of the basics ...
Tags: deck, backyard patio, Patio, Furnishing
THE sharemarket continued its climb yesterday, reaching a 17-month high on positive news from Europe as US politicians inched closer to a deal on the fiscal cliff crisis. Utilities, energy, industrials, telecommunications, materials and ...
Tags: Positive, News Fuels, politicians inched
Fine wool producers of Australia can expect better prices, as China and Russia boom, according to a report released by Rabobank. In spite of a recovery experienced during September, fine wool prices continue to prevail at ...
Tags: Fine wool, economy boom, wool price, Australian fine wool
The boss of Jaguar Land Rover Australia is aiming to sell 10,000 vehicles across the country in 2013 following this year's Range Rover Evoque-led sales record. Jaguar Land Rover Asia Pacific managing director David Blackhall admits a ...
Tags: Jaguar Land Rover, Australia, David Blackhall, Range Rover
Despite a tough time for the global resources sector over the past 12 months due to plunging commodities prices and ailing Chinese demand, Australia's iron ore exports are believed to have risen by 10% YoY in 2012 with more substantial ...
Tags: global resources, plunging commodities prices, ailing Chinese demand
THE Australian dollar was little changed against its US counterpart today, but it hit a 19-month intraday high against the yen as investors predicted Japan's new government would encourage a return to reflationary policy by the Bank of ...
Tags: Australian Dollar, new monetary policy, territorial disputes
THE Australian dollar hovered near three-month highs yesterday,buoyed by the US Federal Reserve's latest attempt to pump liquidity into the world's largest economy. The Fed,at the conclusion of its last policy meeting for the year,decided ...
Tags: Australian dollar, Fed, Operation Twist, RBA, CBA
The Australian Made Campaign is encouraging consumers to buy local this Christmas to support and celebrate local industry and local jobs. "The festive season is a great time to celebrate the fantastic products and produce we have here in ...
Tags: local industry, jobs, Aussie-made
Aussie tennis champion, Alicia Molik will be the face of a new Australian Made summer campaign – the Australian Made Summer of Tennis. The campaign will include sponsorship of a range of tennis events over summer, highlighting the ...
Tags: tennis champion, tennis events, athletes
Coles, Australia's second-largest retailer, saw profits increase 16% in its last financial year on the back of sales boosted by more transactions at its outlets. The company booked EBIT of A$1.36bn (US$1.43bn) for the year to the end of ...
Tags: Fy Profits, financial year, savings pool
Australian grocery retailer Coles has booked a jump in full-year sales despite a highly competitive retail environment and food price deflation. Wesfermers, the coal-to-grocery conglomerate that owns Coles, revealed today (26 July) that ...
Tags: grocery retailer, retail environment, deflationary environment
In 2012 Australian retail conditions continued to be difficult. Although the fundamentals of the Australian economy improved with growing GDP, declining interest rates and low levels of unemployment, consumer sentiment remained soft with ...
Tags: retail conditions, fundamentals, growing GDP, consumer sentiment