Parity! Aussie dollar hits 28-year high

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Economic trends The Aussie dollar hit parity with the US dollar – one Australian dollar equalling one US dollar – overnight. The Aussie hit US$1.0002 very briefly at 11.17pm Sydney

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Weekly Market & Economic Update, 15 October 2010

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Headline developments of the past week After 28 years in the dogbox on the back of falling commodity prices and poor economic management the Australian dollar spiked above parity against

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Weekly market & economic update Friday 08 October 2010

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Headline developments of the past week The Reserve Bank of Australia surprised many by leaving interest rates on hold, but it made it quite clear that it retains a tightening

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Cold start to spring poses risks for retailers

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Economic focus Australian retailers, especially those dependent on seasonal purchases, could face new pressures unless the weather starts to warm up in the next few weeks. Capital cities such as

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Spending posts first gain in nine months

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CBA Business Spending index Tentative signs of a recovery in consumer spending. A key gauge of economy-wide spending posted its strongest result in nine months in August. The Commonwealth Bank

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Chinese economy powers along

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Chinese economic data The Chinese economy strengthened in August. Production, retail trade, inflation and money supply all grew at a stronger annual rate in August suggesting that authorities will need

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Investor Signposts: Week Beginning September 12 2010

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The big picture One of the most poorly understood concepts in Australia is housing affordability. However to be fair, the main reason that it has been so poorly analysed and

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