Prime Minister Gillard … ‘tough but responsible’ Business and industry groups have expressed concern at the federal government proposal to strip $1 billion in tax concessions from Australia’s biggest companies as ...
Innes Willox … call for rate cuts Australia's manufacturing sector contracted for the 11th straight month in January, prompting a call for further interest rate cuts. The latest Australian Industry Group Australian Performance of ...
Tags: Innes Willox, manufacturing sector, January
Weaker-than-expected Chinese manufacturing data sent the dollar lower today, ahead of all-important US employment figures due overnight. China's official Purchasing Managers Index fell to 50.4 in January from 50.6 in December, lower than ...
Tags: Dollar, Australian dollar, exchange rate
Australian businesses estimate the carbon tax has increased their energy costs by an average of 14.5 per cent, industry research has found. An Australian Industry Group analysis of the first six months of the carbon tax and its impact on ...
Tags: Carbon tax, energy costs, Industry Group
The sharemarket had it biggest fall in five weeks yesterday, with financial, material and industrial stocks leading the decline as global equity markets lost momentum following strong gains last week after the resolution of the US ...
Tags: sharemarket, financial, material, industrial stocks, global equity markets
The trade deficit for November widened to $2.6 billion, from $2.4bn in October, the Australian Bureau of Statistics said. That was the biggest monthly shortfall since March 2008 and wider than analysts' expectations of $2.3bn. At 5pm AEDT ...
Tags: trade deficit, Australian Bureau of Statistics, Australia
The Australian dollar gained today after US lawmakers agreed on a range of measures designed to avert sweeping tax hikes and around $US110 billion in spending cuts, known as the fiscal cliff. After weeks of negotiations that had already ...
Tags: Australian Dollar, US, Fiscal Cliff, currency
Australian manufacturing activity contracted for the ninth straight month in November due mainly to an ongoing decline in new orders and production. The latest Australian Industry Group Australian Performance of Manufacturing Index ...
Tags: manufacturing activity, production, manufacturing businesses
Unions and business groups have supported recommendations contained in the recent anti-dumping review conducted by former Victorian premier John Brumby. The review calls on the federal government to devote more resources to combating ...
Tags: recommendations, goods, export, coalition policy
SYDNEY: Australia's manufacturing activity contracted for a fourth straight month in June, hit by a high dollar and a slump in residential and commercial construction, a private survey showed on Monday. The Australian Industry ...
Tags: market view, manufacturing PMI