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Life on the land in Australia

Archive for the 'INTERNATIONAL MONEY MARKET' Category

RESERVE BANK RATES TO REMAIN LOW @ 2.75%

Rates Stay on Hold but Economists Warn of Further Rate Cuts Today the Reserve Bank kept the cash rate on hold at 2.75% – in line with the predictions of most senior economists in Australia – sighting the major reason as the recent depreciation of the Australian dollar against the US dollar. TD Securities’ head […]

June 4th, 2013
Topic: INTEREST RATES INFLATION, INTERNATIONAL MONEY MARKET, Money & Investments Tags: , ,

EQUITY BLOODBATH OF AUSTRALIAN SUPERFUNDS

THE FALL & FALL OF SUPERFUND VALUES IN AUSTRALIA If there was any doubt that the country’s $1.3 trillion retirement savings are far too dependent on the vagaries of the sharemarket, take a look at the impact of the recent equities bloodbath on the performance of our super funds, which have lost a fortune in […]

August 23rd, 2011
Topic: INSURANCE FINANCE, INTERNATIONAL MONEY MARKET, Money & Investments, SUPERANNUATION Tags: , , , , , ,

DOLLARS RISE GREAT FOR SOME,BUT….

Dollar’s rise a mixed blessing for Aussie firms: survey Chris Zappone May 20, 2011 – 11:10AM The strong dollar is proving to be a mixed blessing for Australian businesses with some importers saying they’re passing on lower prices while exporters fret they will lose competitiveness abroad. Tiziana Smith of Melbourne-based Mamma Lucia Cheese said the […]

May 20th, 2011
Topic: IMPORT EXPORT, INTERNATIONAL MONEY MARKET Tags: , , , , , ,