Interest Rates

Building products maker CSR expects Australia's housing construction market to remain bleak for the foreseeable future and says it is difficult to predict the timing of a recovery.The company estimates ...

The Australian dollar is extending its fall below below parity with the US dollar as renewed worries about debt-stricken Greece weighs on the currency.Greece is expected to hold new elections, possibly ...

Wages growth cooled slightly in the March quarter, but not enough to impact any interest rate deliberations by the Reserve Bank of Australia (RBA).Total hourly rates of pay, excluding bonuses, rose by ...

India's rupee hit a record low against the dollar Wednesday and stocks fell nearly two percent as uncertainty over the eurozone debt crisis and weak domestic indicators hit Asia's third-largest economy.The ...

Worries about the economic stability of the eurozone continue to weigh on consumer confidence despite the Reserve Bank slashing the cash rate this month, a closely watched survey has found.The monthly ...

Rising labour prices in the first three months of the year contrast with the central bank's reading of employment demand and inflation, economists say.Total hourly rates of pay, excluding bonuses, rose ...

Worries about the economic stability of the eurozone continue to weigh on consumer confidence despite the Reserve Bank slashing the cash rate this month, a closely watched survey has found.The monthly ...

Rising labour prices in the first three months of the year contrast with the central bank's reading of employment demand and inflation, economists say.Total hourly rates of pay, excluding bonuses, rose ...

The interest rate which Germany must pay to borrow money for 10 years fell to the lowest level ever in early trading on Wednesday, reflecting deep concern about the prospect of new Greek elections.The ...

Australian bond future prices are marginally higher after talks between Greek political parties collapsed, meaning the country faces fresh elections next month.UBS interest rate strategist Matthew Johnson ...

India's rupee hit a record low against the dollar on Wednesday and stocks fell nearly two percent, as uncertainty over the eurozone debt crisis and weak domestic indicators hit Asia's third-largest economy.The ...

Treasury boss Martin Parkinson has argued the case for bringing the federal budget back to surplus.He says the return is happening in Australia in a much healthier economic environment than in many other ...

Alcohol will once again become the real thing for Coca-Cola Amatil (CCA) when it is cleared to re-enter the local beer market from next year.The beverage maker says it plans to sell Fiji Bitter as well ...

Australian dollar rose back above parity with the US dollar after it got a boost in late afternoon trade on official data showing Germany avoided a recession.At 1700 AEST on Tuesday, the Australian dollar ...

The central bank has given no hints as to whether it will cut interest rates again after this month's easing that was prompted by slower growth, a weaker housing market and falling inflation.The Reserve ...

Stocks to watch on the Australian stock exchange at close on Tuesday:CCA - COCA-COLA AMATIL - down 58 cents at $46.27Beverages supplier Coca-Cola Amatil (CCA) expects a higher underlying profit in the ...

The Reserve Bank of Australia (RBA) decided on a hefty cash rate cut in May partially because the big lenders had independently jacked up their rates.After its May 1 board meeting, the RBA cut the cash ...

The Reserve Bank of Australia (RBA) has given no indication it is planning another interest rate cut next month, economists say.At its May 1 board meeting, the RBA cut the official interest rate by half ...

The Reserve Bank of Australia (RBA) has given no indication it is planning another interest rate cut next month, economists say.At its May 1 board meeting, the RBA cut the official interest rate by half ...

Stocks to watch on the Australian stock exchange at noon on Tuesday:CCA - COCA-COLA AMATIL - up 35 cents to $13.08Beverages supplier Coca-Cola Amatil (CCA) expects a higher underlying profit in the first ...

The minutes of the latest monetary policy meeting did not explicitly flag the possibility of another round of interest rate cuts but still left the way open.The meeting was held by the board of the Reserve ...

The Australian dollar is struggling to maintain parity with the United States dollar as investors return their money to safe-haven currencies amid fears Greece will exit the eurozone.Financial markets ...

The eurozone avoided recession with zero growth in the first quarter, official data showed on Tuesday surprising analysts who had expected worse but still warn of a long, hard uphill slog.The 17-nation ...

Westpac has cut its interest rates on its short term fixed rate home loans by up to 20 basis points.The bank said the rate on its three-year fixed rate loan would drop from 6.39 per cent to 6.19 per cent, ...

The eurozone logged zero growth in the first three months of the year, the EU said Tuesday, narrowly avoiding recession after a 0.3-percent contraction in the last quarter of 2011.The estimate from the ...

Australian bond future prices have risen to their highest level ever amid fears Greece's political crisis could see it exit the euro zone.At 0830 AEST on Tuesday, the 10-year bond futures contract was ...

German insurance giant Allianz on Tuesday said its net profits soared by 60 percent in the first quarter of 2012 and confirmed its full-year targets.Net profits rose to 1.37 billion euros ($1.76 billion) ...

The Australian dollar as fallen back below parity with its US counterpart as fears mount that Greece will exit the euro zone and default on its debt saw global equity markets plummet.At 0700 AEST on Tuesday, ...

India's central bank likely intervened in foreign exchange markets on Tuesday after the rupee breached the key 54 level against the dollar, nearly hitting its lifetime low, dealers said.India's Reserve ...

Dear Dr. Don,I have an existing 5/1 adjustable-rate mortgage, and my house is underwater. My loan adjusted three years ago. Although my rate is low now, I want to refinance to a fixed rate, but I don't ...

Australian 10-year bond future prices rose to their highest level ever as hopes fade about debt-laden Greece being able to form a government.A meeting between Greek President Karolos Papoulias and party ...

Stocks to watch on the Australian stock exchange at close on Monday:DLX - DULUXGROUP - steady at $3.03Paint maker DuluxGroup has reported a two per cent fall in first half net profit and says it expects ...

A rise in new home loans in March is a sign the housing sector is stabilising, and recent official interest rate cuts could give it a boost, economists say.The number of home loans approved in March rose ...