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Australian Economy |
Written by CEP News |
Jan 30 09 21:07 GMT |
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(CEP News)- The Reserve Bank of Australia is expected to slash its target rate again next week as the Australian economy enters the worst phase yet of its downturn. The RBA has already cut rates by 300 basis points since September 2008. |
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Australian Economy |
Written by CEP News |
Jan 29 09 21:12 GMT |
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(CEP News) - It's an important day for economic data in Japan, and economists expect the reports to continue to point to growing problems in the economy. |
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Australian Economy |
Written by CEP News |
Jan 28 09 19:08 GMT |
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(CEP News) - As the New Zealand economy struggles in the global recession, the New Zealand Reserve Bank is expected to cut its cash rate on Wednesday. In Japan, retail sales will reveal how consumers are feeling about the slowing economy. |
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Australian Economy |
Written by CEP News |
Jan 28 09 14:17 GMT |
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(CEP News) - On the back of a $2.2 trillion loss on toxic U.S. assets worldwide, the global economy is expected to contract in 2009 before recovering the following year, according to a report from the International Monetary Fund (IMF) on Wednesday. |
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Australian Economy |
Written by CEP News |
Jan 28 09 02:01 GMT |
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(CEP News) - Australian inflation is on its way down at last, opening the doors for the Reserve Bank of Australia (RBA) to continue onwards with their rate-cutting cycle, economists say. |
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Australian Economy |
Written by CEP News |
Jan 28 09 01:17 GMT |
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CEP News) Sydney - The Australian Bureau of Statistics (ABS) announced that Australia's All Groups CPI fell -0.3% in the December quarter 2008, compared with a rise 1.2% in the September quarter, resulting in a total rise of 3.7% through the year. The quarterly fall is the largest since the September quarter 1997. The Reserve Bank of Australia's Consumer Price Measures recorded a trimmed mean of 0.6 percentage change, with a weighted median of 0.9% for the December quarter 2008. |
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Australian Economy |
Written by CEP News |
Jan 28 09 01:17 GMT |
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CEP News) Sydney - Australia's All Groups CPI fell -0.3% in the fourth quarter, compared with expectations for a 0.4% drop and a 1.2% rise in the third quarter, resulting in a total rise of 3.7% through the year. The quarterly fall is the largest since the September quarter 1997. |
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Australian Economy |
Written by CEP News |
Jan 28 09 01:17 GMT |
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(CEP News) Sydney - Australia's All Groups CPI fell -0.3% in the fourth quarter, compared with expectations for a 0.4% drop and a 1.2% rise in the third quarter, resulting in a total rise of 3.7% through the year. The quarterly fall is the largest since the September quarter 1997. |
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Australian Economy |
Written by CEP News |
Jan 27 09 23:49 GMT |
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(CEP News) - Westpac's leading index for Australia showed the economy faltered further in November, recording a third consecutive monthly drop in the survey. |
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Australian Economy |
Written by CEP News |
Jan 27 09 23:49 GMT |
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(CEP News) - Westpac's leading index for Australia showed the economy faltered further in November, recording a third consecutive monthly drop in the survey. |
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Australian Economy |
Written by CEP News |
Jan 27 09 23:34 GMT |
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(CEP News) - Australian inflation is expected to level off historically high levels in the fourth quarter, making room for the Reserve Bank of Australia to continue onward with their rate-cutting cycle, economists say. |
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Australian Economy |
Written by CEP News |
Jan 27 09 23:20 GMT |
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(CEP News) - Australia's consumer price index will garner much attention on Tuesday as the economy continues to grapple with high inflation. |
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Australian Economy |
Written by CEP News |
Jan 27 09 15:47 GMT |
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(CEP News) - More than 40 heads of state, a record-high 1,400 chief executives, and 215 academic institution leaders, among others, will gather at the World Economic Forum (WEF) this week to discuss the current global crisis. Economists and strategists, however, do not expect much in terms of concrete announcements or the introduction of policies. |
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Australian Economy |
Written by CEP News |
Jan 27 09 03:19 GMT |
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(CEP News) - Australian inflation is expected to level off historically high levels in the fourth quarter, making room for the Reserve Bank of Australia to continue onward with their rate-cutting cycle, economists say. |
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Australian Economy |
Written by CEP News |
Jan 27 09 03:19 GMT |
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(CEP News) - Australian inflation is expected to level off historically high levels in the fourth quarter, making room for the Reserve Bank of Australia to continue onward with their rate-cutting cycle, economists say. |
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Australian Economy |
Written by CEP News |
Jan 27 09 01:10 GMT |
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(CEP News) - Business confidence in Australia improved in December after hitting a record low the month before. |
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Australian Economy |
Written by CEP News |
Jan 27 09 00:42 GMT |
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(CEP News) - Prices for Australian finished goods jumped above forecasts in December, ahead of the national inflation report coming on Wednesday. |
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Australian Economy |
Written by CEP News |
Jan 26 09 22:36 GMT |
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(CEP News) - Market participants will be interested to see if Australian business sentiment and inflation will improve. |
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Australian Economy |
Written by CEP News |
Jan 26 09 00:00 GMT |
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(CEP News) - Australia's producer prices are expected to remain at all-time highs in the fourth quarter due to the sharp drop off in the Australian dollar during the same period. |
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