Australian Stock Market Report – Afternoon 5/8/2012 :: The Australian sharemarket improved slightly today, with the All Ordinaries Index (XAO) rising by 0.3 pct or 14.3 pts to 4375.9. Stocks were up by as much as 0.6 pct, but pulled back following some worse than expected economic data issued after 1.5 hours of trade. Yesterday was the biggest daily pullback for the local market in almost five months.
url: http://www.ibtimes.com/articles/338363/20120508/australian-stock-market-report-afternoon-5-8.htm
Australian budget set for surplus :: The Australian government is set to end four years of public spending deficits and return to a surplus this year, as it sets out its budget.
url: http://www.bbc.co.uk/news/business-17986806#sa-ns_mchannel=rss&ns_source=PublicRSS20-sa
Treasurer Swan: National Budget Set to Support Present Australian Lifestyle :: Australia will realise a modest budget surplus next year and enjoy at the same time a lifestyle that remains at par with major economies across the globe, Federal Treasurer Wayne Swan said on Tuesday.
url: http://www.ibtimes.com/articles/338284/20120508/treasurer-swan-national-budget-set-support-present.htm
Australian Stock Market Report – Midday 5/8/2012 :: Yesterday, what a day on the market, the Australian share market slumped to a 3-week low, with the All Ordinaries Index (XAO) falling 97.8 points to 4361 points, its biggest one day slide since mid-December 2011. Markets in the Asian region also finishing in the red, the Japanese Nikkei 225 index off 2.7% to 9,119 and Hang Seng index ended 2.6% lower.
url: http://www.ibtimes.com/articles/338254/20120507/australian-stock-market-report-midday-5-8.htm
Australian Beef Industry Forecasts 30 Million Head Herd in 2012 :: The future is still bright for Australia beef industry. According to a report released on Monday at the Beef Australia 2012 summit, the country's cattle herd is expected to reach 30 million heads this year. It would be the peak since the 1970s.
url: http://www.ibtimes.com/articles/338250/20120507/australian-beef-industry-forecasts-30-million-head.htm
Australian Dollar Outlook - 05/08/2012 :: Bell FX Currency Outlook: The AUD is almost a cent higher from this time yesterday, currently trading around USD1.0210, as markets digest the results from the elections in Europe over the weekend.
url: http://www.ibtimes.com/articles/338220/20120507/australia-dollar-usd-aud-eur-commodities-europe.htm
Australian Stock Market Report – Afternoon 5/7/2012 :: The Australian sharemarket slumped to a 3-week low, with the All Ordinaries Index (XAO) falling by 2.2 pct or 97.8 pts to 4361.6. The local market had its worst single day since mid-December last year. Most sectors fell by at least 1.5 pct, while energy and mining stocks plummeted by more than 3 pct.
url: http://www.ibtimes.com/articles/337907/20120507/australian-stock-market-report-afternoon-5-7.htm
Cruze Powers Up GM Holden's 2011 $89.7M Profits :: The worst appears to be behind GM Holden, for now, as the carmaker reported on Monday $89.7 million in profits for 2011, largely boosted by the total number of Cruze that hit Australian roads since last year.
url: http://www.ibtimes.com/articles/337844/20120507/cruze-powers-gm-holden-s-2011-89.htm
ANZ Chief Complains of Overregulation, Making it Harder to do Business in Australia :: Because of the strong pressure Australian banks are facing to pass in full the 50 basis points overnight cash rate made by the Reserve Bank of Australia (RBA) on Tuesday, ANZ Bank Chief Executive Mike Smith complained on Sunday of the barriers that make it harder for companies to do business in Australia.
url: http://www.ibtimes.com/articles/337829/20120506/anz-chief-complains-overregulation-political-uncertainty-make.htm
Private Survey Underscores Near 2-Year Contraction in Building Activity :: The latest building activity data confirmed the warning issued last week by the Australian central bank - that the local housing sector will not be geared to recovery mode, at least in the near term.
url: http://www.ibtimes.com/articles/337824/20120506/private-survey-underscores-near-2-year-contraction.htm
Labor Presses for Surplus on 2012-2013 Federal Budget :: Prime Minister Julia Gillard has ramped up efforts by her government to convince the Australian public that the 'Labor way' of managing the national economy would in the long-run prove beneficial to the greater majority.
url: http://www.ibtimes.com/articles/337821/20120506/labor-presses-surplus-2012-2013-federal-budget.htm
Australian Stock Market Report – Midday 5/7/2012 :: On Friday night the global markets were hit by concern and weak commodity prices. The Australian markets ended weaker with the All Ordinaries Index (XAO) down 35 points to 4,459 points.
url: http://www.ibtimes.com/articles/337818/20120506/australian-stock-market-report-midday-5-7.htm
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