Australia's Portal
Briefing
you for business across the globe
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Country Briefings provides carefully
researched aggregated information covering the economy, stock market,
politics and corporate affairs.
These extracts are from the The Economy section of
Australia's Briefings.
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Extract from the Briefing covering the period 28/03/2005-12/05/2005
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| Sweeping Tax Cuts in 2005/06 Budget
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| The central bank left interest rates unchanged at 5.5% for a second month in a row on May 4th. The decision was widely expected following data showing inflation was contained.
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Extract from the Briefing covering the period 11/02/2005-27/03/2005
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| Central Bank Raises Benchmark Interest Rate
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| In the fourth quarter of 2004 the current account deficit and net foreign debt surged to record levels. The current account deficit rose 6% to A$15.174bn, higher than market forecasts of A$14.2bn, whi...
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Extract from the Briefing covering the period 14/12/2004-10/02/2005
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| Central Bank Warns of Possible Rate Rise on the Horizon
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| A survey of electronic retail sales data showed that in January consumer spending had fallen from the previous month. The Cashcard Retail Activity Index in January fell a seasonally adjusted 1.2% m-o-...
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Extract from the Briefing covering the period 05/11/2004-13/12/2004
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| Rates Held Steady as Growth Slows
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| A National Australia Bank (NAB) survey showed that business confidence about the near outlook fell slightly in October from September. The business confidence survey, which measures expectations going...
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Extract from the Briefing covering the period 20/09/2004-05/11/2004
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| Interest Rates Unchanged for Eleventh Consecutive Month
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| Rating agency Standard & Poor's said the return of the Howard government was consistent with the country's 'AAA' rating and it expected the budget to remain in surplus even after l...
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Extract from the Briefing covering the period 10/08/2004-19/09/2004
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| Conservative Government Edges Ahead of Opposition at Mid-Point
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| According to the Australian Bureau of Statistics (ABS), in Q2 2004 gross operating profits of companies rose by a seasonally adjusted 10.3% from the previous quarter and rose 24.5% from a year earlier...
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Extract from the Briefing covering the period 23/06/2004-09/08/2004
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| Central Bank Hints Rate Hike is on the Horizon
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| The Australian Bureau of Statistics (ABS) reported that in June the country's monthly trade deficit reached A$2.22bn (US$1.58bn), with exports at A$13.27bn and imports totalling A$15.5bn. The June...
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Extract from the Briefing covering the period 13/05/2004-22/06/2004
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| Interest Rates Remain Unchanged as Economy Slows
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| A recent survey indicates that the worst drought in the country's history is returning, raising concern that the country's agricultural economy will face a sharp decline over the next 12 month...
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