Weekly market & economic update – 26 November 2010

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Headline developments of the past week While there was good news at the start of the week in terms of Ireland agreeing to accept a bailout from the European Union

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RBA signals pause on rates

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Testimony of Reserve Bank Governor The Reserve Bank Governor has delivered testimony to the House of Respresentatives Economics Committee. Transcripts of the testimony have been released. Selected comments from the

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Mining investment leads the way

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Private New Capital Expenditure New business investment rose by 6.2 per cent in the September quarter – the biggest increase in three years. Mining dominated investment plans with investment in

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Investor Signposts: Week Beginning November 28 2010

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The big picture There’s no doubt that researchers have it easy nowadays compared with their predecessors even just a decade ago. There is just so much information freely available. And

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Biggest housing slump in a decade

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Construction work done Construction work done fell from record highs, down by 2.1 per cent in the September quarter. In real terms the value of construction work done fell to

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Spending remains sluggish across Australia

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CBA Business Spending index A recovery in spending across the Australian economy remains elusive according to a key gauge.The Commonwealth Bank Business Sales Indicator (BSI) was unchanged in October after

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Weekly market & economic update – November 19 2010

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Headline developments of the past week Worries about Europe’s debt problems and tightening in China were again key issues for investors over the last week, and had the effect of

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Investing Globally Can Provide Better Opportunities than Domestic Myopia, According to BNY Mellon Asset Management

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Global View Can Aid Investors to Spread Risks and Achieve Better Returns Investing globally has the potential for providing better returns and greater diversity of risk exposure than limiting capital

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Investor Signposts: Week Beginning November 21 2010

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The big picture In the US, investors have been cheering the election result. That may seem odd, given the fact that it appears a recipe for doing nothing – a

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Resource states shift into fourth gear

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Average weekly earnings; ABARE Mineral & energy major projects Average weekly earnings rose by 0.4 per cent in the three months to August with private sector earnings up just 0.2

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