Australia's Unemployment Down to 4.9% in April
Published: 5/10/2012 11:58:25 AM
By: TradingEconomics.com, ABS
Australia's unemployment rate decreased 0.2 pts to 4.9%. The male unemployment rate decreased 0.2 pts to 4.8% and the female unemployment rate decreased 0.2 pts to 5.1%.
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Australia Reports Trade Deficit for Third Month
Published: 5/8/2012 11:31:23 AM
By: TradingEconomics.com, ABS
In seasonally adjusted terms, the balance on goods and services was a deficit of $1,587m in March 2012, a rise of $833m on the deficit in February 2012.
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Australia Cuts Rates to 3.75%
Published: 5/1/2012 11:30:40 AM
By: TradingEconomics.com, RBA
At its meeting on May 1st, the Board decided to lower the cash rate by 50 basis points to 3.75 per cent, effective 2 May 2012. This decision is based on information received over the past few months that suggests that economic conditions have been somewhat weaker than expected, while inflation has moderated.
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Australian Annual Inflation Down to 1.6% in Q1
Published: 4/24/2012 11:49:36 AM
By: TradingEconomics.com, ABS
The CPI rose 1.6% through the year to the March quarter 2012, compared with a rise of 3.1% through the year to the December quarter 2011.
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Australia's Unemployment Rate Steady at 5.2% in March
Published: 4/12/2012 11:31:07 AM
By: TradingEconomics.com, ABS
Employment increased 44,000 (0.4%) to 11,491,200. Full-time employment increased 15,800 (0.2%) to 8,080,400 and part-time employment increased 28,200 (0.8%) to 3,410,900.
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Australia Reports Trade Deficit in February
Published: 4/4/2012 11:03:26 AM
By: TradingEconomics.com, ABS
In seasonally adjusted terms, the balance on goods and services was a deficit of $480m in February 2012, a fall of $491m on the deficit in January 2012.
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Reserve Bank of Australia Leaves Interest Rates Steady
Published: 4/3/2012 1:34:36 PM
By: TradingEconomics.com, RBA
The board of the Reserve Bank of Australia has left interest rates unchanged at 4.25 per cent at its monthly meeting.
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Australia Reports Trade Deficit in January
Published: 3/9/2012 11:40:09 AM
By: TradingEconomics.com, ABS
In seasonally adjusted terms, Australia reported a trade deficit of $673m in January 2012, a turnaround of $1,998m on the surplus in December 2011.
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Australia's Unemployment Rate Up to 5.2% in February
Published: 3/8/2012 12:29:16 PM
By: TradingEconomics.com, ABS
Australia's seasonally adjusted unemployment rate increased 0.1 percentage points to 5.2 per cent in February.
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Australia's GDP Growth Slows in Q4
Published: 3/7/2012 11:15:41 AM
By: TradingEconomics.com, ABS
In seasonally adjusted terms, GDP increased 0.4% in the December quarter; through the year GDP growth was 2.3%.
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RBA Holds Interest Rates Steady
Published: 3/6/2012 11:05:07 AM
By: TradingEconomics.com, RBA
The Reserve Bank of Australia has held interest rates steady because its expects growth will be close to trend and inflation close to its target two to three percent range
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Australia's Unemployment Rate Down to 5.1% in January
Published: 2/16/2012 1:14:57 PM
By: TradingEconomics.com, ABS
Australia's seasonally adjusted unemployment rate decreased 0.1 percentage points to 5.1 per cent in January, as announced by the Australian Bureau of Statistics (ABS).
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Australia Keeps Interest Rate At 4.25%
Published: 2/10/2012 12:28:32 PM
By: TradingEconomics.com, RBA
Reserve Bank of Australia left official interest rates steady at 4.25 percent, saying global conditions had, on balance, improved and local growth and inflation were close to target.
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Australia Holds Interest Rate at 4.25%
Published: 2/7/2012 11:45:57 AM
By: TradingEconomics.com, RBA
Australia unexpectedly kept interest rates unchanged as two cuts late last year help the economy weather Europe’s debt crisis, sending the nation’s currency soaring to a six-month high.
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Australian Trade Surplus Widens in December
Published: 2/2/2012 1:12:25 PM
By: TradingEconomics.com, ABS
In seasonally adjusted terms, the balance on goods and services was a surplus of $1,709m in December 2011, a rise of $366m on the surplus in November 2011.
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Australia's Inflation Rate Eases Further in Q4
Published: 1/25/2012 9:32:03 AM
By: TradingEconomics.com, ABS
The CPI rose 3.1% through the year to the December quarter 2011, compared with a rise of 3.5% through the year to the September quarter 2011.
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Australia Unemployment Rate Unchanged in December
Published: 1/19/2012 6:53:32 PM
By: TradingEconomics.com, ABS
Australia unemployment rate remained steady at 5.2% in December. Employment decreased 29,300 (0.3%) to 11,421,300.
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Australia's Trade Surplus Narrows in November
Published: 1/6/2012 4:16:39 PM
By: TradingEconomics.com, Australian Bureau of Statistics
In seasonally adjusted terms, the balance on goods and services was a surplus of $1,380m in November 2011, a fall of $38m on the surplus in October 2011.
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Australia's Trade Surplus Shrinks in October
Published: 12/12/2011 12:16:11 PM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia's trade surplus narrowed by more than expected in October as imports outpaced a flat export performance, and further slippage looms as Europe's crisis hits trade finance while China's growth cools.
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Australia's Unemployment Rate Up to 5.3% in November
Published: 12/8/2011 12:20:54 PM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia's unemployment rate unexpectedly rose to 5.3 percent in November, with the number of people in work falling as businesses cut costs.
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Australia's GDP Grows 1% in Q3
Published: 12/7/2011 12:11:25 PM
By: TradingEconomics.com, Australian Bureau of Statistics
In seasonally adjusted terms, Australia's GDP increased 1.0% in the September quarter, through the year GDP growth was 2.5%.
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Australia Cuts Interest Rate to 4.25%
Published: 12/6/2011 12:30:46 PM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia's central bank cut its benchmark interest rate by a quarter percentage point, the second such move in two months as concern mounts over the fragile global economy.
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Australia's Unemployment Rate Stable at 5.2%
Published: 11/10/2011 4:01:38 PM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia's unemployment decreased 5,700 (0.9%) to 630,800. The number of persons looking for part-time work decreased 15,400 to 165,800 and the number of persons looking for full-time work increased 9,800 to 465,000.
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Australia's Trade Surplus Narrows in September
Published: 11/8/2011 10:29:06 AM
By: TradingEconomics.com, Australian Bureau of Statistics
In seasonally adjusted terms, the balance on goods and services was a surplus of $2,564m in September 2011, a fall of $389m on the surplus in August 2011.
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Australia's Inflation Rate Eases in Q3
Published: 10/26/2011 11:13:00 AM
By: TradingEconomics.com, Australian Bureau of Statistics
The CPI rose 3.5% from the September quarter 2010 to the September quarter 2011, compared with a rise of 3.6% from the June quarter 2010 to the June quarter 2011.
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Australia's Unemployment Rate at 5.2% in September
Published: 10/13/2011 1:23:25 PM
By: TradingEconomics.com, Australian Bureau of Statistics
The seasonally adjusted Australian unemployment rate was 5.2 per cent in September, the Australian Bureau of Statistics (ABS) announced on October 13.
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Australia's Trade Surplus Widens in August
Published: 10/4/2011 12:16:49 PM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia's trade surplus surged in August as exports of coal and other minerals increased despite concerns of a global slowdown.
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Australia Keeps Cash Rate Unchanged
Published: 10/4/2011 11:54:23 AM
By: TradingEconomics.com, RBA
At its meeting on October 4th, the Board of the Reserve Bank of Australia decided to leave the cash rate unchanged at 4.75 per cent. Yet, the central bank signaled it has scope to lower the nation’s benchmark interest rate if necessary as inflation pressures ease.
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Australia's Trade Surplus Widens in July
Published: 9/12/2011 1:24:15 PM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia posted its fifth monthly trade surplus in a row in July, after a small deficit in February linked to floods and other weather-related disruptions.
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RBA Keeps Interest Rate Unchanged
Published: 9/8/2011 12:17:18 PM
By: TradingEconomics.com, RBA
At its meeting on September 6, the Board of the Reserve Bank of Australia decided to leave the cash rate unchanged at 4.75 per cent.
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Australia's Unemployment Rate Rises to 5.3% in August
Published: 9/8/2011 11:16:19 AM
By: TradingEconomics.com, Australian Bureau of Statistics
The seasonally adjusted Australian unemployment rate increased 0.1 percentage points to 5.3 per cent in August, as announced by the Australian Bureau of Statistics (ABS) on September 9.
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Australia's Unemployment Rate Raises to 5.1% in July
Published: 8/11/2011 11:29:09 AM
By: TradingEconomics.com, Australian Bureau of Statistics
The seasonally adjusted Australian unemployment rate increased 0.2 percentage points to 5.1 per cent in July, as announced by the Australian Bureau of Statistics (ABS).
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Australia's Trade Surplus Widens in June
Published: 8/3/2011 11:04:49 AM
By: TradingEconomics.com, Australian Bureau of Statistics
In seasonally adjusted terms, the balance on goods and services was a surplus of $2,052m in June 2011, a fall of $647m on the surplus in May 2011.
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Australia Keeps Interest Rate Steady
Published: 8/2/2011 10:15:32 AM
By: TradingEconomics.com, RBA
The Reserve Bank of Australia (RBA) left the cash rate at 4.75 percent in a widely expected move.
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Australia's Inflation Rate Rises to 3.6%
Published: 7/27/2011 11:23:05 AM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia's Consumer Price Index rose 3.6% through the year to the June quarter 2011, compared with a rise of 3.3% through the year to March quarter 2011.
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Australia's Unemployment Steady at 4.9% in June
Published: 7/7/2011 11:13:23 AM
By: TradingEconomics.com, Australian Bureau of Statistics
The seasonally adjusted Australian unemployment rate was steady at 4.9 per cent in June, as announced by the Australian Bureau of Statistics (ABS) on July 7.
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Australia's Trade Surplus Widens in May
Published: 7/5/2011 4:03:51 PM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia's balance of goods and services was a surplus of $2.333 billion in May, seasonally adjusted, compared with an upwardly revised surplus of $1.617 billion in April, the Australian Bureau of Statistics (ABS) said on July 5.
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Australia Leaves Intrest Rate Unchanged
Published: 7/5/2011 1:14:17 PM
By: TradingEconomics.com, RBA
The Reserve Bank of Australia left the official cash rate unchanged for the seventh time since November at 4.75% saying it now believed domestic growth was 'unlikely to be as strong as earlier forecast'.
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Australia’s Unemployment Rate Held Steady in May
Published: 6/9/2011 4:09:57 PM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia’s jobless rate held steady at 4.9% in May, while slower jobs growth pushed back the likelihood of another interest-rate hike by the nation’s central bank anytime soon.
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Australia Keeps Cash Rate on Hold
Published: 6/7/2011 1:13:09 PM
By: TradingEconomics.com, RBA
Australia held official interest rates steady at 4.75 percent on June 7, saying floods and cyclones had thrown the economy into reverse and Europe remained plagued by debt fears.
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Australia's Foreign Trade Shows Recovery
Published: 6/2/2011 12:02:45 PM
By: TradingEconomics.com, Bloomberg
In seasonally adjusted terms, the balance on goods and services was a surplus of $1,597m in April 2011, a fall of $94m on the surplus in March 2011.
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Australian Economy Contracts 1.2% in Q1
Published: 6/1/2011 4:05:49 PM
By: TradingEconomics.com, WSJ
Australia's economy suffered its biggest contraction in 20 years in the first quarter as resource exports collapsed due to floods in a major coal-producing region, exposing the nation's growing dependence on mining revenue.
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Australia's Unemployment Rate Steady at 4.9% in April
Published: 5/12/2011 4:06:35 PM
By: TradingEconomics.com, Australian Bureau of Statistics
The seasonally adjusted Australian unemployment rate was steady at 4.9 per cent in April, as announced by the Australian Bureau of Statistics (ABS) on May 12.
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Australia Reports Trade Surplus in March
Published: 5/10/2011 10:24:22 AM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia's balance on goods and services in seasonally adjusted terms was a surplus of A$1,740m in March 2011, a turnaround of A$1,827m on the revised deficit in February 2011.
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Australia Leaves Interest Rate Unchanged
Published: 5/3/2011 8:34:54 AM
By: TradingEconomics.com, RBA
Reserve Bank of Australia decided on May 2 to leave its benchmark interest rate at 4.75 percent as a record-high currency helped contain the temporary spike in consumer prices due to natural disasters.
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Australia Inflation Jumps to 3.3% in Q1
Published: 4/27/2011 2:27:56 PM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia Consumer Price Index rose 3.3% through the year to March quarter 2011, compared with a rise of 2.7% through the year to December quarter 2010.
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Australia's Unemployment Drops to 4.9% in March
Published: 4/7/2011 10:16:45 AM
By: TradingEconomics.com, Australian Bureau of Statistics
The seasonally adjusted Australian unemployment rate decreased 0.1 percentage points to 4.9 per cent in March, as announced by the Australian Bureau of Statistics (ABS) on April 7.
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Australia Reports Trade Deficit in February
Published: 4/5/2011 10:27:43 AM
By: TradingEconomics.com, Australian Bureau of Statistics
In seasonally adjusted terms Australia recorded a trade deficit of $205m in February 2011, a turnaround of $1,638m on the revised surplus in January 2011.
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RBA Leaves Interest Rate Unchanged
Published: 4/5/2011 9:34:40 AM
By: TradingEconomics.com, RBA
At its meeting on April 5, the Board of the Reserve Bank of Australia decided to leave the cash rate unchanged at 4.75 per cent.
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Australia's Unemployment Rate Unchanged in February
Published: 3/10/2011 10:56:49 AM
By: TradingEconomics.com, Australian Bureau of Statistics
The Australian unemployment rate stood unchanged at 5.0 per cent seasonally adjusted in February, as announced by the Australian Bureau of Statistics (ABS) on March 10.
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Australian Trade Surplus Narrows in January
Published: 3/3/2011 10:03:52 AM
By: TradingEconomics.com, Australian Bureau of Statistics
In seasonally adjusted terms, the balance on goods and services in Australia was a surplus of $1,875m in January 2011, a decrease of $143m on the surplus in December 2010.
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Australia Leaves Interest Rate Unchanged
Published: 3/2/2011 10:22:24 AM
By: TradingEconomics.com, RBA
Reserve Bank of Australia decided on March 1 to maintain its benchmark interest rate unchanged at 4.75%.
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Australian Economy Grows 0.7% in Q4
Published: 3/2/2011 9:52:09 AM
By: TradingEconomics.com, ABS
In Australia, in seasonally adjusted terms, GDP increased 0.7% in the December quarter, while non-farm GDP rose 0.8%. Through the year GDP growth was 2.7%.
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Australia's Unemployment Rate Unchanged in January
Published: 2/10/2011 12:16:02 PM
By: TradingEconomics.com, Australian Bureau of Statistics
The Australian unemployment rate stood at 5.0 per cent in January, as announced by the Australian Bureau of Statistics on February 10.
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Australia's Trade Surplus Drops in December
Published: 2/3/2011 1:11:19 PM
By: TradingEconomics.com, Australian Bureau of Statistics
In seasonally adjusted terms, the balance on goods and services was a surplus of $1,981m in December 2010, a decrease of $97m on the surplus in November 2010.
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Australia Leaves Interest Rate at 4.75%
Published: 2/2/2011 8:19:23 PM
By: TradingEconomics.com, RBA
Reserve Bank of Australia decided on February 1 to maintain its benchmark interest rate unchanged at 4.75%, meeting the expectation of financial markets and the majority of economists.
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Australian Inflation Rises 2.7% in 2010
Published: 1/25/2011 11:01:18 AM
By: TradingEconomics.com, Australian Bureau of Statistics
The ABS Consumer Price Index rose 2.7% through the year to December quarter 2010, compared with a rise of 2.8% through the year to September quarter 2010.
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Australian Inflation Rises 2.7% in 2010
Published: 1/25/2011 11:00:26 AM
By: TradingEconomics.com, Australian Bureau of Statistics
The ABS Consumer Price Index rose 2.7% through the year to December quarter 2010, compared with a rise of 2.8% through the year to September quarter 2010.
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Australian Inflation Rises 2.7% in 2010
Published: 1/25/2011 11:00:07 AM
By: TradingEconomics.com, Australian Bureau of Statistics
The ABS Consumer Price Index rose 2.7% through the year to December quarter 2010, compared with a rise of 2.8% through the year to September quarter 2010.
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Australia's Unemployment Rate Drops to 5% in December
Published: 1/13/2011 6:53:39 PM
By: TradingEconomics.com, Australian Bureau of Statistics
Australia's unemployment rate decreased 0.2 percentage points to 5.0 per cent in December 2010 (seasonally adjusted).
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Australia's Trade Surplus Decreases in November
Published: 1/12/2011 12:13:21 PM
By: TradingEconomics.com, Australian Bureau of Statistics
In seasonally adjusted terms, the balance on goods and services was a surplus of $1,925m in November 2010, a decrease of $636m on the surplus in October 2010.
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Australia's Unemployment Rate Drops to 5.2%
Published: 12/10/2010 10:58:01 AM
By: TradingEconomics.com, Australian Bureau of Statistics
The Australian unemployment rate decreased 0.2 percentage points to 5.2 per cent in November, as announced by the Australian Bureau of Statistics on December 9.
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Australia Leaves Interest Rate at 4.75%
Published: 12/7/2010 10:56:34 AM
By: TradingEconomics.com, RBA
Reserve Bank of Australia decided on December 7 to maintain its benchmark interest rate unchanged at 4.75%, in line with expectations, as it assessed the impact of its preemptive rate rise last month.
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Australia's Trade Surplus Widened in October
Published: 12/2/2010 6:41:26 PM
By: TradingEconomics.com, Australian Bureau of Statistics
In seasonally adjusted terms, the balance on goods and services was a surplus of $2,625m in October 2010, an increase of $811m on the surplus in September 2010.
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Australia GDP Slows to 0.2% in Third Quarter
Published: 12/2/2010 9:20:20 AM
By: TradingEconomics.com, WSJ
Australia's economy grew at its slowest pace in nearly two years in the third quarter, as global volatility and a soaring currency weighed on exports, pushing the country's dollar sharply lower Wednesday.
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Australian Trade Surplus Narrows as Coal Exports Fall
Published: 11/4/2010 12:01:50 PM
By: TradingEconomics.com, Bloomberg
Australia’s trade surplus narrowed in September as exports of coal and iron ore fell, and imports of machinery and industrial equipment increased.
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Australia Raises Interest Rate to 4.75%
Published: 11/2/2010 2:41:49 PM
By: TradingEconomics.com, RBA
Australia's central bank jacked up its key interest rate in a surprise move Tuesday, Nov. 2, 2010 that aims to ward off higher inflation as the nation's economy booms amid strong Asian demand for iron ore and other minerals.
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Australia Inflation Rises
Published: 11/1/2010 5:48:42 AM
By: TradingEconomics.com, Bloomberg
Australia’s consumer price index rose 0.7 percent in the third quarter from the previous three months, the Bureau of Statistics said. Consumer prices advanced 2.8 percent from a year earlier.
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Australian Unemployment Falls
Published: 9/9/2010 10:19:44 PM
By: TradingEconomics.com, ABS
The Australian unemployment rate declined to 5.1% in August, according to data released by the Australian Bureau of Statistics, a drop that surpassed economist expectations.
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Australian Unemployment Falls
Published: 9/9/2010 10:19:43 PM
By: TradingEconomics.com, ABS
The Australian unemployment rate declined to 5.1% in August, according to data released by the Australian Bureau of Statistics, a drop that surpassed economist expectations.
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Australia Extends Rate Pause
Published: 9/7/2010 12:39:14 PM
By: TradingEconomics.com, RBA
Australia’s central bank extended its pause in raising interest rates “for the time being” as concern that the global economic recovery may falter trumped evidence of an accelerating expansion at home.
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Australia Reports Trade Surplus of $1.71 Billion in July
Published: 9/5/2010 3:31:41 PM
By: TradingEconomics.com, Bloomberg
Australia’s trade surplus narrowed by more than economists forecast in July as exports of coal and iron ore fell, while imports rose.
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Australian Economic Growth Accelerates
Published: 8/31/2010 11:04:57 PM
By: TradingEconomics.com, Bloomberg
Australia’s economy grew at the fastest pace in three years last quarter, stoked by China’s demand for iron ore.
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Australian Unemployment Rises in July
Published: 8/12/2010 11:35:20 AM
By: TradingEconomics.com, Bloomberg
Australia's unemployment rate rose to 5.3 percent in July as the number of people entering the work force outpaced growth in new jobs.
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Australia's Growth May Gain Momentum by the End of This Year
Published: 8/5/2010 5:48:34 PM
By: Anna Fedec, contact@tradingeconomics.com
In 2009, unlike many other major economies, Australia recorded year-over-year growth due to a strong banking system and successful monetary and fiscal policy. And although the pace of expansion in the first quarter of 2010 was weaker than expected, the recent surge in commodity prices, improving labor market and strong domestic demand are likely to support sustainable growth this year.
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Commodities Drive Record Australia Trade Surplus
Published: 8/4/2010 10:23:11 AM
By: AFP
Australia posted a record monthly trade surplus of 3.54 billion dollars (3.12 billion US) in June, as the resource-rich country enjoys a return to boom conditions.
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Australia Keeps Key Rate at 4.5%
Published: 8/3/2010 10:49:49 AM
By: TradingEconomics.com, RBA
Australia’s central bank kept interest rates unchanged for a third month after slower inflation and diminished financial risks abroad left officials with little need for any shift in policy.
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Australia Inflation Cools
Published: 7/28/2010 11:40:49 AM
By: TradingEconomics.com, Bloomberg
Australian consumer prices rose by much less than expected last quarter while core inflation slowed to its lowest in over three years, all but ruling out the need for an interest rate rise next week and possibly for the rest of the year.
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Australia's Trade Surplus Widens in May
Published: 7/6/2010 9:11:25 AM
By: TradingEconomics.com, Bloomberg
Australia’s trade surplus widened in May as exports of coal and gold climbed on demand from Asia, outpacing a gain in imports.
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Australia Keeps Interest Rate at 4.5%
Published: 7/6/2010 9:01:24 AM
By: TradingEconomics.com, RBA
Australia’s central bank paused in raising borrowing costs for a second month, and dropped a reference to the level of its benchmark being appropriate for the “near term,” citing concern about the global outlook.
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Australia's Growth May Gain Momentum by the End of This Year
Published: 6/24/2010 1:26:23 PM
By: Anna Fedec, contact@tradingeconomics.com
Australia has weathered the global downturn much better than other major economies. In fact, Australia’s managed to record year-over-year growth in 2009 due to a strong banking system and successful monetary and fiscal policy. In this article we argue that although the expansion recorded in the first quarter of 2010 was weaker than expected, the recent surge in commodity prices, improving labor market and strong domestic demand are likely to support sustainable growth this year.
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Australia Added 26,900 Jobs in May
Published: 6/10/2010 10:04:26 AM
By: TradingEconomics.com, Bloomberg
Australian employers added workers in May for a third straight month, underscoring the central bank’s assessment that economic growth will accelerate this year as a mining investment boom stokes hiring.
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Australian Exports Jump Most in Three Decades
Published: 6/3/2010 11:16:14 AM
By: TradingEconomics.com, Bloomberg
Australian exports excluding farm goods surged by the most in almost three decades in April as shipments of iron ore and coal to China pushed the trade balance to a surplus for the first time in 12 months.
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Australian GDP Grows for Fifth Quarter
Published: 6/2/2010 9:50:15 AM
By: TradingEconomics.com, WSJ
The Australian economy grew at a much slower pace in the first quarter than at the end of last year as the withdrawal of economic stimulus, surprise weakness in business investment and sluggish growth in export volumes took some of the steam out of activity.
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Australia Keeps Benchmark Interest Rate at 4.5%
Published: 6/1/2010 9:41:07 AM
By: TradingEconomics.com, RBA
Australia’s central bank left its benchmark interest rate unchanged and signaled it may keep borrowing costs steady in coming months as it assesses the impact of the most aggressive rate increases in the Group of 20.
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Australia Employment Rises for Second Month
Published: 5/13/2010 9:38:18 AM
By: TradingEconomics.com, ABS
Australia’s job growth accelerated in April, propelled by full-time employment, indicating diminished slack in an economy fueled by resource shipments to China.
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Australia's Trade Deficit Widens in March
Published: 5/8/2010 7:35:53 PM
By: TradingEconomics.com, Bloomberg
Australia’s trade deficit widened in March for a third month as exports of coal fell and oil imports rose, a sign domestic demand continues to spur the economy.
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Australia Raises Key Interest Rate to 4.5%
Published: 5/4/2010 9:29:06 AM
By: TradingEconomics.com, RBA
Australia’s central bank increased the benchmark interest rate for the sixth time since early October after policy makers raised their outlook for inflation and judged the nation is insulated from Greece-sparked debt woes.
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Australia Inflation Accelerates to 0.9%
Published: 4/28/2010 10:33:59 AM
By: TradingEconomics.com, Bloomberg
Australia’s inflation rate almost doubled in the first quarter to 0.9 percent, making it more likely that the central bank will keep raising borrowing costs.
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Australia Jobless Rate Holds at 5.3%
Published: 4/8/2010 12:10:08 PM
By: TradingEconomics.com, Bloomberg
Australian employers added more workers in March, keeping the unemployment rate at almost half the level of the U.S. and Europe and underscoring central bank Governor Glenn Stevens’ decision to boost borrowing costs.
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Australia Raises Interest Rate to 4.25%
Published: 4/6/2010 9:16:23 AM
By: TradingEconomics.com, RBA
Australia’s central bank raised its benchmark interest rate to 4.25 percent and signaled further increases, dismissing warnings that higher borrowing costs are already eroding consumer spending.
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Australia’s Trade Deficit Widens
Published: 4/1/2010 11:10:02 AM
By: TradingEconomics.com, Bloomberg
Australia’s trade deficit widened more than economists expected in February as coal exports declined and imports of machinery rose.
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Australian Employment Rose Less Than Expected
Published: 3/10/2010 9:25:06 PM
By: TradingEconomics.com, Bloomberg
Australian employers added fewer workers in February than economists forecast, giving central bank Governor Glenn Stevens scope to slow the pace of future interest-rate increases.
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Australia’s January Trade Deficit Narrows
Published: 3/3/2010 11:40:56 PM
By: TradingEconomics.com, Bloomberg
Australia’s trade deficit narrowed in January to the smallest gap in seven months as exports of iron ore rose and imports of gasoline declined.
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Australia GDP Growth Accelerated to 0.9% Last Quarter
Published: 3/3/2010 11:21:13 AM
By: TradingEconomics.com, Bloomberg
Australia’s economy grew last quarter at the fastest pace in almost two years, underscoring the central bank’s decision yesterday to boost borrowing costs for the fourth time in five meetings
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Australia Raises Key Interest Rate to 4%
Published: 3/1/2010 11:24:49 PM
By: TradingEconomics.com, RBA
Australia’s central bank resumed raising interest rates after a one-meeting pause, judging that the economy is strong enough to withstand any impact from global investor concerns on sovereign debt risks.
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Australia's Jobless Rate Drops to 5.3%
Published: 2/10/2010 8:13:57 PM
By: TradingEconomics.com, ABS
Australian employers added workers for a fifth straight month in January and the jobless rate fell 0.2 percentage points from December 2009.
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Australia's Monetary Policy Has Been Driven By China’s Growth
Published: 2/4/2010 3:59:34 PM
By: Anna Fedec, contact@tradingeconomics.com
In February, the Reserve Bank of Australia left interest rates unchanged despite of an influx of indicators pointing to growth acceleration and price pressures. Yet, after an explanation given by governor Stevens, it became clear that this unexpected decision was mainly prompted by recent Chinese easing of economic stimulus measures.
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Australian Trade Deficit Widens
Published: 2/2/2010 10:52:30 PM
By: TradingEconomics.com, Bloomberg
Australia’s trade deficit widened in December as imports of goods including gasoline surged the most in almost two years, adding to evidence of an economic rebound.
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Australia Leaves Interest Rate Unchanged
Published: 2/1/2010 10:48:11 PM
By: TradingEconomics.com, RBA
At its meeting today, the Reserve Bank Board decided to leave the cash rate unchanged at 3.75 per cent.
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Australian Inflation Rises 0.5%
Published: 1/26/2010 10:47:44 PM
By: TradingEconomics.com, Bloomberg
Australia's inflation rate picked up in the December quarter as food prices rose, adding to the likelihood of a rate hike.
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Australian Employers Add 35,200 Workers
Published: 1/13/2010 11:26:00 PM
By: TradingEconomics.com, Bloomberg
Australian employment soared for a fourth straight month as companies added three times more jobs than economists estimated.
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Australia’s November Trade Deficit Narrows
Published: 1/7/2010 10:15:28 AM
By: TradingEconomics.com, Bloomberg
Australia’s trade deficit narrowed in November as iron ore and farm exports jumped, while imports fell.
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Australian Economy Grew 0.2%
Published: 12/15/2009 11:36:37 PM
By: TradingEconomics.com, Bloomberg
Australia’s economy expanded in the three months through September for a third straight quarter, boosted by government spending on roads, ports and schools.
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Australian Employment Soars
Published: 12/9/2009 10:49:37 PM
By: TradingEconomics.com, ABS
Australian employment soared for a third straight month as companies added six times more jobs than economists estimated.
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Australia Trade Deficit Soars
Published: 12/8/2009 9:22:29 PM
By: TradingEconomics.com, RSS, ABC News
Australia posted a trade deficit of A$2.38 billion in October, compared to A$1.85 billion in the previous month. Both the exports and imports were down 3.0% and 1.0% respectively in the month.
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Australia Increases Interest Rate to 3.75%
Published: 12/1/2009 10:33:26 AM
By: TradingEconomics.com, Bloomberg, RBA
Australia’s central bank raised its benchmark interest rate by a quarter percentage point for an unprecedented third straight month as evidence mounts that the nation’s economy is strengthening.
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Australian Employment Surges
Published: 11/12/2009 8:33:43 AM
By: TradingEconomics.com, Bloomberg
Australian employers unexpectedly added workers in October, pushing the nation’s currency to its highest level this year on speculation the central bank will raise interest rates for a record third straight month.
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Australia’s Economic Miracle Will be Damaged by Rate Hikes
Published: 11/9/2009 6:05:47 PM
By: Anna Fedec, contact@tradingeconomics.com
In December, Australia's central bank raised interest rates for the third consecutive time. But making credit more expensive in the wake of a still weak recovery may prove to be very damaging for the Australian economy.
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Australian Exports Jump Most in 11 Months
Published: 11/5/2009 9:10:49 AM
By: TradingEconomics.com, Bloomberg
Australian exports rose in September by the most in almost a year, underpinning an economic rebound that prompted central bank Governor Glenn Stevens to lead the world in raising interest rates.
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Australia Raises Key Rate to 3.5%
Published: 11/2/2009 10:47:02 PM
By: TradingEconomics.com, Bloomberg, RBA
Australia’s central bank raised its benchmark interest rate by a quarter percentage point, the second increase in four weeks, amid signs the economy is strengthening.
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Australian Inflation Cools to Slowest Pace in Decade
Published: 10/27/2009 11:44:08 PM
By: TradingEconomics.com, Bloomberg
Australian inflation cooled to the slowest pace in 10 years, easing pressure on central bank Governor Glenn Stevens to increase the benchmark lending rate by a half point next week.
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Australian Unemployment Falls
Published: 10/8/2009 9:37:27 AM
By: TradingEconomics.com, Bloomberg
Australia’s jobless rat unexpectedly fell to 5.7 per cent in September, after employers hired more than 35,000 full-time workers.
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Australia’s Trade Deficit Narrows
Published: 10/6/2009 9:25:58 AM
By: TradingEconomics.com, Bloomberg
Australia’s trade deficit narrowed in August as a decline in imports of oil and consumer goods outpaced a drop in exports including coal.
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Australia Raises Rate From 49-Year Low
Published: 10/6/2009 9:23:24 AM
By: TradingEconomics.com, Bloomberg, RBA
Australia’s central bank unexpectedly raised its benchmark interest rate from a 49-year low and signaled further increases in coming months amid signs the economy is strengthening.
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Will Australia’s Recovery Stop With Fading Stimulus Package?
Published: 9/16/2009 8:21:54 PM
By: Anna Fedec, contact@tradingeconomics.com
In the second quarter of 2009, Australia’s economy grew 0.6% from a year earlier boosted by a significant fiscal stimulus. But is the Australian economy able to keep current pace of expansion once the stimulus wanes?
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Australia Cuts Jobs as Stimulus Wanes
Published: 9/10/2009 12:06:30 AM
By: TradingEconomics.com, Bloomberg
Australian employment fell in August by almost twice as much as economists estimated, driving down the nation’s currency on expectations the central bank won’t raise interest rates anytime soon.
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Australia’s July Trade Deficit Widens
Published: 9/2/2009 10:34:02 PM
By: TradingEconomics.com, Bloomberg
Australia’s trade deficit widened in July as exports fell and imports of oil and consumer goods rose.
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Australian Economic Growth Accelerates
Published: 9/2/2009 8:45:39 AM
By: TradingEconomics.com, Bloomberg
Australia’s economic growth unexpectedly accelerated in the second quarter, driving the nation’s currency higher on expectations the central bank will raise borrowing costs from a half-century low.
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Australia Keeps Key Interest Rate Unchanged
Published: 9/1/2009 9:24:02 AM
By: TradingEconomics.com, Bloomberg, RBA
Australia’s central bank kept interest rates unchanged for a fifth month to spur an economy that probably cooled in the second quarter
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RBA Says Next Australian Rate Move May Be an Increase
Published: 8/6/2009 10:36:49 PM
By: TradingEconomics.com, Bloomberg
Australia’s central bank said its next move on interest rates is likely to be an increase after it scrapped a prediction the economy will fall into a recession.
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Australian Employers Unexpectedly Add 32,200 Workers
Published: 8/5/2009 11:35:04 PM
By: TradingEconomics.com, Bloomberg
Australian employers unexpectedly added workers in July, driving up the nation’s currency on speculation the central bank will raise borrowing costs by the end of the year.
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Australia’s Trade Gap Unexpectedly Narrows
Published: 8/5/2009 11:22:02 AM
By: TradingEconomics.com, Bloomberg
Australia’s trade deficit unexpectedly narrowed in June as exports including gold rose and imports stagnated.
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Australia Keeps Key Interest Rate Unchanged
Published: 8/4/2009 9:30:29 AM
By: TradingEconomics.com, Bloomberg, RBA
Australia’s central bank kept interest rates unchanged at 3% for a fourth month as evidence mounts that the lowest borrowing costs in half a century are helping the economy rebound from the global recession.
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Australian Inflation Rises 0.5%
Published: 7/21/2009 11:40:20 PM
By: TradingEconomics.com, Bloomberg
Australian consumer prices rose in the three months through June, stoking speculation the central bank has finished a record round of interest-rate cuts.
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Australian Employers Cut 21,400 Jobs
Published: 7/8/2009 10:44:08 PM
By: TradingEconomics.com, Bloomberg
Australian employment fell in June as the global recession reduced demand for exports such as iron ore and coal, prompting mining companies to fire workers.
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Australia Keeps Rate at 3%
Published: 7/7/2009 8:28:13 AM
By: TradingEconomics.com, RBA
Australia’s central bank kept interest rates unchanged for a third month amid signs the lowest borrowing costs in half a century and government spending are helping the economy skirt the global recession.
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Australia’s Trade Deficit Widens
Published: 7/2/2009 9:13:42 AM
By: TradingEconomics.com, Bloomberg
Australia’s trade deficit widened in May as a drop in coal shipments pushed exports to the lowest level in 14 months, signaling economic growth may slow.
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Australia Lost Fewer Than Estimated Jobs
Published: 6/11/2009 9:53:36 AM
By: Tradingeconomics.com, Bloomberg
Australian employers cut fewer workers than estimated in May, adding to signs the economy may recover faster than other developed nations.
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Australia Unexpectedly Posted Trade Deficit in April
Published: 6/4/2009 6:36:25 PM
By: Tradingeconomics.com, Bloomberg
Australia’s trade balance unexpectedly turned to a deficit in April as lower prices for coal and iron ore led to the biggest slump in exports since 1997.
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Is Australia on the Way to Recovery?
Published: 6/4/2009 3:30:10 PM
By: Anna Fedec, contat@tradingeconomics.com
In the first quarter of 2009, the Australian GDP unexpectedly rebounded, growing at 0.4 percent. Is this temporary improvement or the indication of stable recovery?
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Australia's Economy Unexpectedly Expanded
Published: 6/2/2009 10:48:06 PM
By: TradingEconomics.com, Bloomberg
Australia’s economy has defied a global recession that has swamped the U.S., the U.K. and Japan, unexpectedly expanding in the first quarter on rising exports and consumer spending.
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Australia Keeps Benchmark Rate at 3%
Published: 6/2/2009 8:21:13 AM
By: TradingEconomics.com, Bloomberg
Australia’s central bank kept interest rates unchanged for a second month and said it has scope to cut them from a 49-year low to revive an economy that probably fell into its first recession in two decades.
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Australia is Fighting Recession
Published: 5/8/2009 11:47:16 AM
By: Anna Fedec, contact@tradingeconomics.com
In a May Statement on Monetary Policy the Australia’s central bank said the nation’s economy will shrink 1.25 percent in the 12 months through June before the “gradual” recovery in 2010. But comparing with other countries outlooks the Australian downturn looks relatively moderate. Why Australia is doing better than other developed economies?
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Australian Employers Unexpectedly Add 27,300 Workers
Published: 5/6/2009 10:39:57 PM
By: TradingEconomics.com, Bloomberg
Australian employers unexpectedly added workers in April and the jobless rate fell, supporting central bank Governor Glenn Stevens’ view that the nation’s economy will skirt the worst of the global recession.The jobless rate fell to 5.4 percent from 5.7 percent.
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Australia March Trade Surplus Widens
Published: 5/5/2009 10:48:48 PM
By: TradingEconomics.com, Bloomberg
Australia’s trade surplus unexpectedly widened in March for a third month as imports fell and farm exports rose.
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Australia Leaves Key Interest Rate Unchanged at 3%
Published: 5/5/2009 3:40:24 PM
By: TradingEconomics.com
Australia’s central bank kept its benchmark interest rate unchanged to gauge whether the lowest borrowing costs in 49 years and government spending will pull the economy out of its first recession in two decades.
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Australian Inflation Slows to 2.5%
Published: 4/22/2009 5:22:52 AM
By: TradingEconomics.com, Bloomberg
Australia’s annual inflation rate slowed in the first quarter to the weakest pace in 18 months as the nation’s first recession in almost two decades deepens.
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Australia Jobless Rate Jumps Most in 18 Years
Published: 4/8/2009 7:33:23 PM
By: TradingEconomics.com, Bloomberg
Australia’s unemployment rate jumped by the most in 18 years in March, adding to signs the nation is in its first recession in almost two decades.
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Australia Cuts Rate to 49-Year-Low 3%
Published: 4/7/2009 5:27:48 AM
By: TradingEconomics.com, Bloomberg
Australia’s central bank cut its benchmark interest rate to a 49-year low after policy makers signaled the economy faces its first recession since 1991.
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Australia’s Trade Surplus Widens
Published: 4/2/2009 5:04:31 AM
By: TradingEconomics.com, Bloomberg
Australia’s trade surplus unexpectedly widened in February as imports of consumer goods fell and exports of gold surged.
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Australian Jobless Rate Climbs to 4-Year High of 5.2%
Published: 3/11/2009 6:13:44 PM
By: TradingEconomics.com, Bloomberg
Australia’s jobless rate rose in February to the highest in four years as companies fired full- time workers, adding to signs the nation may be in its first recession in almost two decades.
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Australia’s Is Fighting Recession (Update)
Published: 3/8/2009 9:39:19 AM
By: Anna Fedec, contact@tradingeonomics.com
For the first time in eight years, Australia’s economy unexpectedly shrank in the fourth quarter of 2008. Could Australia fallow other major economies and deepen into recession or is it just temporary deterioration in economic activity?
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Australia’s Trade Surplus Widens
Published: 3/4/2009 9:09:26 PM
By: TradingEconomics.com, Bloomberg
Australia’s trade surplus widened in January as falling imports, including cars, outpaced a drop in exports.
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Australian Economy Shrinks
Published: 3/3/2009 5:53:28 PM
By: TradingEconomics.com, Bloomberg
Australia’s economy unexpectedly shrank in the fourth quarter for the first time in eight years as exports and housing slumped, increasing pressure on the central bank to add to a record round of interest-rate cuts.
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Australia Keeps Rates Unchanged
Published: 3/2/2009 7:46:07 PM
By: TradingEconomics.com, Reserve Bank of Australia
At its meeting on March 3, the Reserve Bank of Australia Board decided to leave the cash rate unchanged at 3.25 per cent.
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Australian Employers Unexpectedly Add 1,200 Workers
Published: 2/11/2009 7:32:35 PM
By: TradingEconomics.com, Bloomberg
Australian employers unexpectedly added workers in January, a sign the economy may avoid a recession that is gripping the U.S., U.K., Europe and Japan.
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Australia’s Trade Surplus Narrows
Published: 2/2/2009 7:50:40 PM
By: TradingEconomics.com, Bloomberg.com
Australia’s trade surplus narrowed in December by more than economists forecast as coal and metal exports declined.
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Australia Cuts Interest Rate by 100 Basis Points
Published: 2/2/2009 7:40:32 PM
By: TradingEconomics.com, Reserve Bank of Australia
Australia’s central bank cut borrowing costs to 3.25 per cent, the lowest level since the 1960s, as waning consumer confidence, falling house prices and job losses stoke speculation the nation is in its first recession since 1991.
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Australia May Cut Rates to Lowest Since 1964
Published: 2/2/2009 12:42:16 PM
By: TradingEconomics.com, Bloomberg
Australia’s central bank may cut borrowing costs to the lowest level since the 1960s as waning consumer confidence, falling house prices and job losses stoke speculation the nation is in its first recession since 1991.
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Australian Inflation Decline
Published: 1/28/2009 5:38:04 PM
By: TradingEconomics.com, Bloomberg
Australian consumer prices declined by the most in 11 years last quarter, increasing scope for the central bank to cut interest rates as evidence mounts the economy is heading for its first recession since 1991.
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Australia is Fighting Recession
Published: 1/23/2009 2:28:09 PM
By: Anna Fedec, contact@tradingeconomics.com
Australia's economy is in a severe downturn after seventeen years of continuous growth and we believe 2009 may be the most challenging year for the country since the 1991/92 recession.
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Australia’s Jobless Rate Climbs
Published: 1/14/2009 7:11:50 PM
By: TradingEconomics.com, Bloomberg
Australia’s unemployment rate rose to the highest in almost two years as mining companies, airlines, and automakers fired full-time workers, adding to signs the economy faces its first recession since 1991.
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Australia’s Trade Surplus Narrows
Published: 1/8/2009 5:50:57 AM
By: TradingEconomics.com, Bloomberg
Australia’s trade surplus narrowed in November by more than economists forecast as iron ore and coal exports fell and imports gained.
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Australia Jobless Rate Rises
Published: 12/10/2008 4:55:42 PM
By: TradingEconomics.com, Bloomberg.com
Australia’s jobless rate climbed to the highest in a year as employers cut part-time workers in November, adding to signs the economy may follow Japan, the U.S. and Europe into a recession.
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Australia’s Trade Surplus Widens
Published: 12/4/2008 5:44:54 AM
By: TradingEconomics.com, Bloomberg.com
Australia posted a record trade surplus in October, twice as large as economists forecast, as coal exports surged and import growth stagnated.
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Australia’s Economy Grows 0.1%
Published: 12/2/2008 7:47:42 PM
By: TradingEconomics.com, Bloomberg.com
Australia’s economy grew last quarter at the weakest pace in eight years as household spending stalled, increasing pressure on the central bank to add to the biggest round of interest-rate cuts since a recession in 1991.
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Australia Cuts Rates by One Point
Published: 12/1/2008 7:41:37 PM
By: TradingEconomics.com, Bloomberg.com
Australia’s central bank cut its benchmark interest-rate by one percentage point, extending the biggest round of reductions since a recession in 1991.
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RBA Ready to Cut Rates Again
Published: 11/10/2008 5:29:56 AM
By: TradingEconomics.com, Bloomberg.com
Australia's central bank signaled it's prepared to add to the most aggressive interest-rate cuts in 17 years as it tries to ensure the economy sidesteps a looming global recession.
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Australian Employment Surged
Published: 11/6/2008 5:14:31 AM
By: TradingEconomics.com, Bloomberg.com
Australian employment unexpectedly surged in October by the most in six months, a sign lower interest rates, government handouts and exports may help the economy sidestep a global recession.
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Australia Cuts Rate by 75bp
Published: 11/4/2008 5:04:41 AM
By: TradingEconomics.com, Bloomberg.com
Australia's central bank cut its benchmark interest rate by a larger-than-expected three quarters of a percentage point, the third reduction in as many months, amid evidence global financial turmoil is buffeting the economy.
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Australian Inflation Reaches 5%
Published: 10/21/2008 7:09:14 PM
By: TradingEconomics.com, Bloomberg.com
Australia's annual inflation accelerated in the third quarter to the fastest pace since 2001, driven by costs for housing and food.
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Can Australia Avoid Severe Recession?
Published: 10/15/2008 11:02:53 AM
By: Anna Fedec
Although Australia is at its 17th year of continuous growth, some signs of a slowdown are becoming more visible. Can one of the strongest economies in the world avoid a major slowdown and a possible recession?
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Australia's Jobs Growth Slows as Economy Weakens
Published: 10/8/2008 6:20:34 PM
By: TradingEconomics.com, Bloomberg
Australian employers hired fewer workers in September as the nation's 17-year economic expansion slows amid a drop in consumer spending.
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Australia Cuts Rate by 100 Basis Points
Published: 10/6/2008 8:37:42 PM
By: TradingEconomics.com, RBA
At its meeting today, the Board decided to lower the cash rate by 100 basis points to 6.0 per cent, effective 8 October 2008.
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Australia's Trade Balance Turns to Surplus
Published: 10/1/2008 7:16:14 PM
By: TradingEconomics.com, Bloomberg
Australia's trade balance turned to a surplus in August as coal exports rose and imports fell.
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Australian Dollar Rally After U.S. Rescue of AIG
Published: 9/17/2008 5:49:04 AM
By: TradingEconomics.com, Bloomberg.com
The Australian dollar rallied against the U.S. and Japanese currencies after the U.S. government agreed to take over American International Group Inc. to save it from collapse.
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Australian Employment Rises
Published: 9/11/2008 4:51:28 AM
By: TradingEconomics.com, Bloomberg
Australian employers hired almost three times as many workers in August as economists forecast, adding to evidence a mining boom is helping offset weaker domestic demand.
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Australia's Economic Growth Slows to 0.3%
Published: 9/2/2008 6:47:48 PM
By: TradingEconomics.com, Bloomberg.com
Australia's economic expansion slowed in the second quarter to the weakest pace in two years as consumers reduced spending, reinforcing the central bank's decision to cut interest rates for the first time since 2001.
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Australia Cuts Rates
Published: 9/2/2008 4:48:53 AM
By: TradingEconomics.com, Financial Times
Australia’s central bank cut its benchmark interest rate for the first time in nearly seven years as it responded to an easing in inflationary pressure and weakening economic growth.
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Australian Dollar Falls
Published: 8/31/2008 8:42:02 PM
By: TradingEconomics.com, Bloomberg.com
The Australian dollar dropped to its lowest level in four months against the yen as a slide in U.S. and Asian stocks prompted investors to pare holdings of higher- yielding investments funded in Japan.
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Australian, NZ Dollars Are Poised for Monthly Decline
Published: 8/28/2008 7:18:18 PM
By: TradingEconomics.com, Bloomberg
The Australian dollar fell, headed for the biggest monthly loss in 22 years, on speculation the nation's interest-rate advantage over the U.S. will narrow. New Zealand's dollar headed for a third monthly loss.
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Australian Dollar Gains
Published: 8/28/2008 6:50:32 AM
By: TradingEconomics.com, Bloomberg
The Australian dollar rose after a government report showed business investment increased almost three times as much as economists estimated in the second quarter.
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Australian, N.Z. Dollars Rise
Published: 8/26/2008 6:40:46 PM
By: TradingEconomics.com, Bloomberg
The Australian dollar climbed from its weakest level in 11 months and the New Zealand dollar rose from near a two-week low as stocks advanced, giving investors more confidence to buy higher-yielding assets.
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Australian Dollar Falls for Second Day
Published: 8/25/2008 6:25:17 AM
By: TradingEconomics.com, Bloomberg
The Australian dollar fell for a second day on speculation a decline in commodity prices will deter traders from buying the currency.
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N.Z., Australian Dollars Headed for Weekly Gain
Published: 8/21/2008 7:00:44 PM
By: TradingEconomics.com, Bloomberg
The New Zealand and Australian dollars headed for a weekly gain on rising commodity prices and prospects for a prolonged U.S. economic slowdown that may prompt the Federal Reserve to delay raising interest rates.
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Australian Dollar Rises as Commodities Gain
Published: 8/19/2008 7:49:38 PM
By: TradingEconomics.com, Bloomberg
The Australian dollar rose as prices of commodities increased, bolstering the outlook for the nation's export earnings.
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Australian, N.Z. Dollars Fall
Published: 8/19/2008 6:27:44 AM
By: TradingEconomics.com, Bloomberg
The Australian and New Zealand dollars fell against the yen on speculation global credit-market losses will temper growth in the South Pacific economies, backing the cases for their central banks to cut interest rates.
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Australian Dollar Declines
Published: 8/15/2008 6:27:18 AM
By: TradingEconomics.com, Bloomberg
The Australian dollar fell, taking its loss from a 25-year high reached a month ago to 12 percent, as prices of commodities slid and traders bet on lower interest rates.
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Australian, N.Z. Dollars Fall
Published: 8/13/2008 6:47:10 AM
By: TradingEconomics.com, Bloomberg
Australia's dollar fell to a four- month low and New Zealand's dollar dropped to the weakest in almost two years against the yen as commodity prices declined and a Japanese government report showed the economy contracted.
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Australian Dollar Falls to Six-Month Low
Published: 8/11/2008 6:23:16 AM
By: TradingEconomics.com, Bloomberg
The Australian dollar fell to the lowest in six months after the central bank signaled it may reduce interest rates as economic growth slows.
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Australia Central Bank Says Room to Cut Interest Rate
Published: 8/11/2008 6:18:02 AM
By: TradingEconomics.com, Bloomberg
Australia's central bank says it will have more room to cut interest rates because a ``significant moderation'' in domestic demand will slow inflation, cut economic growth by half and drive up unemployment.
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Australian Dollar Extends Loss
Published: 8/7/2008 7:52:29 PM
By: TradingEconomics.com, Bloomberg
The Australian dollar fell for a ninth day, its longest losing streak since 1980, on speculation the Reserve Bank of Australia will reduce borrowing costs from a 12- year high as a drop in consumer spending cools inflation.
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Australian Dollar Falls to Four-Month Low
Published: 8/6/2008 7:16:19 PM
By: TradingEconomics.com, Bloomberg
The Australian dollar fell to the lowest in more than four months as price indexes for commodities the nation exports slid for a fifth day.
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Australian Employment Rises
Published: 8/6/2008 7:08:35 PM
By: TradingEconomics.com, Bloomberg
Australian employers hired extra workers for a second month in July amid expansion by mining companies that has underpinned economic growth as domestic demand slows.
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Australian Dollar Trades Near Four-Month Low
Published: 8/6/2008 6:42:58 AM
By: TradingEconomics.com, Bloomberg
The Australian dollar traded near the lowest in four months as the yield advantage of the nation's two- year government bonds over U.S. Treasuries shrank to the least this year.
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Australian Dollar Falls on Rate-Cut Signal
Published: 8/5/2008 6:27:50 AM
By: TradingEconomics.com, Bloomberg
The Australian dollar fell to a three- month low after Reserve Bank of Australia Governor Glenn Stevens said inflation may slow, allowing for a ``less restrictive stance'' on interest rates. The New Zealand dollar also declined.
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Australia Signals Rate Reduction
Published: 8/5/2008 6:20:11 AM
By: TradingEconomics.com, Bloomberg
Australia's central bank signaled it may cut borrowing costs for the first time in almost seven years as slowing economic growth cools inflation.
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Australian Dollar Falls on Retailing, Credit Data
Published: 7/30/2008 8:38:20 PM
By: TradingEconomics.com, Bloomberg
Australia's dollar fell after a government report showed retail sales dropped the most in six years, adding to signs the economy is slowing.
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Australian Trade Balance Turns to Surplus
Published: 7/30/2008 8:33:20 PM
By: TradingEconomics.com, Bloomberg
Australia's trade balance turned to a surplus in June as coal and meat exports jumped, bolstering the nation's 17-year economic expansion.
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Australia's Dollar Falls to Three-Week Low
Published: 7/29/2008 8:24:04 PM
By: TradingEconomics.com, Bloomberg
The Australian dollar fell to the lowest in three weeks as prices of commodities the nation exports declined and the U.S. currency rallied in New York.
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Australian, N.Z. Dollars Fall
Published: 7/28/2008 8:37:48 PM
By: TradingEconomics.com, Bloomberg
The Australian dollar fell to near its lowest in more than two weeks and the New Zealand dollar traded close to a six-month low on concern global credit-market losses will hinder growth in the South Pacific economies.
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Australian Dollar Falls
Published: 7/28/2008 6:49:57 AM
By: TradingEconomics.com, Bloomberg
The Australian dollar traded near a two-week low after Australia & New Zealand Banking Group Ltd. said it set aside additional funds for bad debts linked to U.S. credit-market losses.
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Australian Dollar Falls on Yield Advantage
Published: 7/23/2008 6:35:53 AM
By: TradingEconomics.com, Bloomberg
The Australian dollar fell the most in more than a month as the yield advantage of the nation's two- year government bonds over similar-maturity U.S. debt narrowed to the least since January. The New Zealand dollar declined.
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Australia's Inflation Accelerates
Published: 7/22/2008 7:05:59 PM
By: TradingEconomics.com, Bloomberg
Australian inflation accelerated in the second quarter to the fastest pace in two years, adding to pressure on the central bank to leave borrowing costs at a 12- year high.
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Australian Dollar Advances to 8-Month High
Published: 7/20/2008 8:55:23 PM
By: TradingEconomics.com, Bloomberg
The Australian dollar rose to an eight-month high against the yen on speculation the nation will retain its interest-rate advantage over the U.S. and Japan.
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Australian, N.Z. Dollar Fall for Third Day
Published: 7/17/2008 8:38:09 PM
By: TradingEconomics.com, Bloomberg
The Australian and New Zealand dollars fell for a third day as prices of commodities the nations export declined, diminishing the outlook for the South Pacific economies.
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Australian Dollar Advances
Published: 7/14/2008 7:47:20 PM
By: TradingEconomics.com, Bloomberg
The Australian dollar climbed to a 25-year high on speculation the nations' assets will lure investors as losses at U.S. financial institutions deepen.
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Australian Dollar Gains on Growth View
Published: 7/14/2008 7:40:59 AM
By: TradingEconomics.com, Bloomberg
The Australian dollar rose on speculation the economy will withstand widening losses among U.S. financial institutions.
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Australian Dollar Rises
Published: 7/9/2008 7:38:41 PM
By: TradingEconomics.com, Bloomberg
The Australian dollar gained against the U.S. currency and bonds fell after a government report showed jobs rebounded in June by three times the amount forecast by economists.
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