8 hrs ago
Holden closure just a matter of time
GROCERY giants Colgate and Cussons face fines of up to $100 million after allegedly striking a deal to clean up consumers over laundry powder.
Thu Dec 12, 2013
Finance News Update, what you need to know
The Australian dollar is at a three-and-a-half month low following strong US retail sales data and after Reserve Bank of Australia governor Glenn Stevens said he thought the dollar's natural level was around 85 US cents.
Australian Dollar dives as RBA suggests it should be around $0.85
Reserve Bank of Australia governor Glenn Stevens has called on the Australian nation to face an urgent conversation about the spending cuts or tax reform that will be needed to return the federal budget to surplus.
Wed Dec 11, 2013
Cashed up RBA can intervene on dollar: PM
Prime Minister Tony Abbott says the Reserve Bank of Australia is now in a better position to intervene on the foreign exchange markets should it believe it is appropriate.
Tue Dec 10, 2013
Not all Labor MPs celebrate dollar float
AS Labor prepares to celebrate the 30th anniversary of Paul Keating's historic decision to float the dollar, one of its MPs is suggesting some sort of interventionist approach to tame the currency.
Volcker loopholes: Here are all the crazy trades big banks can still make
On Tuesday, regulators approved the long-awaited Volcker Rule. The final rule, which was also unveiled on Tuesday, was widely expected to be stricter than originally proposed.
Fri Dec 06, 2013
Exporters hurt as dollar stays high
The strengthening of the Kiwi dollar against the currencies of trading partners is not helping exporters, the New Zealand Manufacturers and Exporters Association says.
Retailers Call on Credit Card Companies to Put a Stop to Rising Interest Rates
MELBOURNE, Australia , Dec. 6 -- The Australian Retailers Association issued the following news release: Peak retail industry body the Australian Retailers Association said despite the Reserve Bank of Australia leaving the cash rate unchanged since August, credit card companies have been hiking up rates on their cards - leaving both retailers and ... (more)
Wed Dec 04, 2013
The New Zealand Herald
Dollar hits new 5-year high vs. Aussie
The kiwi touched 90.86 Australian cents overnight, and was trading at 90.61 cents at 8am in Wellington, from 90.34 cents at 5pm yesterday.
Dollar Rallies Ahead Of ECB, NFP Data
Persistently soft European data certainly opens the door for the European Central Bank to be proactive at tomorrow's rate-setting meeting.
Tue Dec 03, 2013
Mortgage News Daily
Wells Fargo: U.S. targeting executive as defendant may be retaliation
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Mon Dec 02, 2013
RBA Holds Key Rate at Record-Low 2.5% as Currency Pressure Eases
Australia's central bank left its benchmark interest rate unchanged at a record low as a weakening currency boosts export industries, aiding the economy's transition from resource-investment led growth.
Asia Markets: Asia stocks mixed; Sydney awaits rate decision
Japanese stocks received a boost on Tuesday as a weaker yen supported the market, while shares in Sydney fell slightly ahead of an interest rate decision by the Reserve Bank of Australia.
The New Zealand Herald
Dollar hits five-year high vs. Aussie
The kiwi touched a high of 90.03 Australian cents early this morning, a level not reached since October 2008 The New Zealand dollar rose above 90 Australian cents for the first time in five years as traders bet the Reserve Bank of Australia will attempt to talk its currency down at its policy review this afternoon.
Forex Traders Seek Fed Tapering Clues
The first week of December is a busy one for foreign exchange traders to weigh global economic health with composite purchasing managers' indexes due from Asia, Europe, and the U.S., in addition to four central bank policy announcements.
Sun Dec 01, 2013
Steady rates expected from RBA
The central bank is expected to keep the cash rate at an all-time low until at least February faced with an economy that will likely travel at a sub-trend pace for some time yet.
Building work drop 'won't spark rate cut'
A DROP in building approvals during October won't be enough to spark an interest rate cut, an economist says.
Fri Nov 29, 2013
Wall Street Journal
Investors Dump Aussie Dollar
Investors are dumping the Australian dollar in droves, sending it spiraling down for the past six weeks and close to a three-year low, as the central bank steps up its jawboning to push it lower and to help ease pressure on the nation's struggling exporters.
Thu Nov 28, 2013
Cash rate cutting cycle coming to an end
There's not going to be an interest rate cut next week and the chances of a reduction next year are slim as the non-mining parts of the economy are expected to pick up pace.
Wed Nov 27, 2013
Show Me The Money
James L. Koutoulas has never lacked for brains, determination-or swagger. At 15, with $10,000 he'd earned designing websites, he started trading tech stocks.