Asia is Australia hope as Europe slides toward a major meltdown
27 January 2012
Ed Shann From:Herald Sun January 27, 2012 12:00am THE world economy is slowing, while Europe heads into recession. I remain hopeful that Asia will grow fast enough in 2012 to prevent a major world recession. Everyone knows Europe is in trouble and is starting to take evasive action. The Chinese have switched from tightening monetary [... [...]
Posted in Daily News, News
Russia ready to start buying Aussie dollar
27 January 2012
ADAM CREIGHTON From:The Australian January 27, 2012 12:00AM RUSSIA could start buying the Australian dollar as an international reserve currency as soon as next month, putting a rocket under the Australian currency. As the US Federal Reserve warned that the US economic recovery was at risk, prompting the Fed to warn that US interest rate [...]
Posted in Daily News, News
Aussie Dollar Decouples to Race to Highs
26 January 2012
Financial Times Published: Wednesday, 25 Jan 2012 | 7:25 PM E By: Neil Hume in Sydney Australians are leaving their country in large numbers. Over the past year, a record 7.6 million local resident have left the country on short-term trips, HSBC says, as they take advantage of the strength of the Australian dollar to travel [...]
Posted in Daily News, News
Australian share market set for a positive start
26 January 2012
Rebecca Le May From:AAP January 26, 2012 3:16pm AUSTRALIA’S share market is expected to open higher when trading resumes after the Australia Day public holiday, with Wall Street providing a positive lead. The futures market is pointing to a 12-point rise when the session on the Australian Securities Exchange starts tomorrow. IG Markets ma [...]
Posted in Daily News, News
Melbourne full of empty homes- So do you homework
26 January 2012
Simon Johanson January 26, 2012 RENTERS struggling to find a home in Perth should move to Melbourne. The southern capital’s rental vacancy rate has risen to 4.4 per cent, the result of a surge in apartment building and slowing population growth. Western Australia’s mining boom has kept renters on their toes, with only 1 [...]
Posted in Daily News, News
Japan’s first trade deficit since 1980 raises debt fears – Good news for carry trade
25 January 2012
January 25, 2012 – 3:40PM Read later Japan logged its first annual trade deficit in more than 30 years in 2011, calling into question how much longer the country can fund its huge public debt without relying on fickle foreign investors. The aftermath of the March earthquake raised fuel import costs while slowing global growth [...]
Posted in Daily News, News
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