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  • August 2, 2014
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  1. Business - Economy - ECONOMY

    Australia faces currency dilemma

    Posted May 12th 2014, 02:58am by DAVID BROWN

    ... David Brown Low interest rates, a rebounding economy and speculative bubbles are putting pressure on the reserve bank to keep the currency from rising Australia in a dilemma The Reserve Bank of Australia has a problem on its hands. Interest rates are too low, the economy is getting pumped up and there are signs speculative bubbles forming. It is clearly time to be raising ...

  2. Business - Economy - ECONOMY

    Australia to invest A$82b in roads as part of 'contribute and build' budget

    Posted May 12th 2014, 02:58am by Reuters

    ... Reuters in Perth Australia to partially fund A$82b upgrade of roads The Australian government will co-fund an A$82 billion (HK$595 billion) road infrastructure plan to help stimulate ... of new jobs, but most importantly, it is going to address the significant drop-off in investment in construction in Australia associated with mining investment coming off." He dubbed ...

  3. Business - Economy - ECONOMY

    Reserve Bank of Australia raises Australian GDP and inflation forecasts

    Posted Feb 07th 2014, 03:23pm by AFP

    ... Agence France-Presse in Sydney RBA raises Australian GDP and inflation forecasts The Reserve Bank of Australia raised its economic growth and inflation forecasts yesterday, reflecting a weaker currency, and reiterated its shift to a neutral policy stance. "Over the past few months, there have been further signs that very stimulatory monetary policy is working to support ...

  4. Business - Economy - ECONOMY

    Joining trade pact to boost China growth

    Posted Jun 25th 2014, 02:37am by Bloomberg

    ... history. In addition to the US and Japan, nations seeking the deal are Australia, Brunei, Canada, Chile, Malaysia, Mexico, New Zealand, Peru, Singapore and Vietnam. Ma, who came to the PBOC earlier ...

  5. Business - Economy - ECONOMY

    Australia holds rate amid revival in home market

    Posted Oct 02nd 2013, 12:00am by Reuters

    ... Reuters in Sydney Central bank stops short of hinting at outlook and shrugs off talk of property bubbles Australia holds rate amid revival in home market Australia's central bank kept ... on the chance of further cuts. The Australian dollar jumped in response as many in the market had expected a more dovish tone from the Reserve Bank of Australia (RBA) after its monthly policy meeting. ...

  6. Business - Economy - ECONOMY

    Worst may be over for China economy as stimulus kicks in

    Posted Jun 14th 2014, 04:21am by Victoria Ruan

    ... Australia Bank, said the mainland might see a "controlled softening" rather than a hard landing. ...

  7. Business - Economy - ECONOMY

    Australia's central bank cut rates as currency stayed strong, minutes show

    Posted May 22nd 2013, 12:00am by Bloomberg

    ... Bloomberg in Sydney Minutes show aussie's strength played part in decision this month to slash rates to record low Australia firm on rates amid buoyant currency The Reserve Bank of Australia cut its benchmark interest rate to a record low this month to boost businesses weakened by the currency's sustained strength, even as households reacted to earlier reductions. ...

  8. Business - Economy - ECONOMY

    Australia cuts key interest rate to record low

    Posted May 08th 2013, 12:00am by Bloomberg

    ... Bloomberg in Sydney Australia cuts key interest rate to record low The Reserve Bank of Australia cut its benchmark interest rate yesterday to a record low, driving down a currency ... to a record low 0.5 per cent last week. The RBA cash rate's previous low was 2.89 per cent in January 1960. Australia, which has not recorded a current account surplus since 1975, typically ...

  9. Business - Economy - ECONOMY

    Australian jobs revival surprises

    Posted Apr 11th 2014, 12:59am by Reuters

    ... Bank of Australia's optimism that the economy is picking up speed and that there is no need to cut interest rates further from their record low of 2.5 per cent. The futures market had ...

  10. News - Hong Kong - ECONOMY

    Li Ka-shing warns Hong Kong is a 'spoilt child' set on a dangerous path

    Posted Mar 06th 2014, 11:23pm

    ... because he had noticed the limited growth prospects in Hong Kong. The group had become one of the biggest investors in countries such as Canada, Britain, Australia, the Netherlands, Italy, Sweden ...




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