2014年12月1日 星期一

2014-12-02 Australia Business


Sydney Morning Herald
   
Bears growling: Deutsche Bank shifts thinking with rate cut prediction for 2015   
Sydney Morning Herald
Bets mounting on rate cut. Those who see darkness and downsides in the economy are known in the markets as bears. Right now the bears' growls are getting louder. A sharp fall in oil price in the last few days, and an associated plunge in the sharemarket, ...

RBA to cut rates to 2%: Deutsche Bank   The Australian
RBA may be forced to cut interest rates in 2015, not raise them   The Age
Deutsche Bank Breaks Ranks to Call 2015 RBA Rate Cut on Jobless   Businessweek
Reuters   
Wall Street Journal (blog)   
ABC Online   
all 139 news articles »   


Sydney Morning Herald
   
Michael Wooldridge, Bill Lewski banned as company directors over Prime Trust   
The Australian
FORMER federal health minister Michael Wooldridge and disgraced businessman Bill Lewski have been banned as company directors over their role in the $500 million collapse of Prime Trust. The bannings follow Australian Securities & Investments ...

Former minister Michael Wooldridge cops ban over Prime Trust collapse   Brisbane Times

all 2 news articles »   


Spending to help the economy pick up pace   
NEWS.com.au
THE Australian economy is picking up a bit of pace as cheaper petrol and low interest rates encourage more spending. THE economy is forecast to have grown by 0.7 per cent in the September quarter, and 3.1 per cent in the 12 months to September, ...


and more »   


Sydney Morning Herald
   
Flat out: Apartments drive October building approvals rebound   
Sydney Morning Herald
Home building approvals have rebounded, driven by a strong surge in apartment blocks. Approvals for the construction of new homes rose 11.4 per cent across Australia in October, following an 11.2 per cent fall in September, official figures show. Approvals ...

Building approvals bounce but appear to have peaked   ABC Online
Australian home-building approvals jump   MarketWatch
Building approvals beat expectations in Oct   The Daily Telegraph
Trading Room   
The West Australian   
RTT News   
all 94 news articles »   


Sydney Morning Herald
   
Iron's big three remain bullish as prices tumble   
Sydney Morning Herald
Australia's three major iron ore producers, BHP Billiton, Rio Tinto and Fortescue Metals, are feeling the pressure of the slump in the commodity's price this year. During the past week all have gone on the offensive to convince the investment community that the ...

Miners 'covering their eyes' on China's commodity cliff   New Zealand Herald
Iron ore price firms to regain $US70 mark   The Australian
Miners 'covering their eyes' as China commodity cliff looms   Chicago Tribune

all 75 news articles »   


Brisbane Times
   
Rate cut talk weighs on Aust dollar   
The Australian
Better-than-expected economic data have failed to have a lasting effect on the Australian dollar, amid talk of a possible rate cut by the Reserve Bank in 2015. At 12.00pm (AEDT) on Tuesday, the local currency was trading at US84.85 cents, up from US84.38c ...

Aust dollar breaks US85c on ABS data   The Daily Telegraph
Rate cut talk weighs down $A   TheBull.com.au

all 56 news articles »   


Sydney Morning Herald
   
Australia cuts wheat output forecast on worries over drought   
Reuters
SYDNEY Dec 2 (Reuters) - Australia cut its 2014/15 wheat production forecast by 4 percent on Tuesday as drought in key growing regions curbed output from the world's fourth largest exporter of the grain. Wheat production was seen at 23.22 million tonnes, ...

Cotton Outlook Cut by Australia to Five-Year Low on Dryness   Bloomberg
Wheat Crop Seen Lower in Australia as Dry Weather Cuts Yield   Businessweek
Dry weather set to weaken crop levels by 16 per cent   Sydney Morning Herald
The Land Newspaper   
all 16 news articles »   


Sydney Morning Herald
   
Vocation to update guidance   
Herald Sun
Shares in troubled education group Vocation have been placed in a trading halt ahead of a statement on fiscal 2015 guidance. The update comes after former federal Labor minister John Dawkins last week resigned as chairman of Vocation, saying ...

Vocation shares placed in trading halt   The Canberra Times

all 13 news articles »   


Moneycontrol.com
   
Christine Lagarde: Oil price slump good for global economy   
The Australian
INTERNATIONAL Monetary Fund managing director Christine Lagarde says the rapid decline in the price of oil is good news for the global economy “on a net net basis'', but has warned that the fall could have serious consequences for oil-exporting countries.
Oil's Drop Good for World Economy, Bad for Russia, Lagarde Says   Bloomberg
IMF says lower oil prices positive for global economy   Livemint
Lower Oil Prices Will Help Boost Global Economy, IMF's Lagarde Says   Wall Street Journal
Times of India   
Business Standard   
all 26 news articles »   


ABC Online
   
Canberra's major universities contribute $1.7 billion to ACT economy   
ABC Online
Canberra's two biggest universities contributed more than $1.7 billion worth of economic activity to the local economy in 2012, a new report has found. The study, prepared by Deloitte Access Economics and commissioned by the Australian National University ...

University of Canberra's Stephen Parker slams Universities Australia   Sydney Morning Herald
Stephen Parker: higher education changes a 'fraud on the electorate'   The Conversation AU

all 11 news articles »   

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