10th Mar 2010


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"Moderation in economic growth appears to be continuing, partly reflecting a cooling of the housing market," said the Federal Open Market Committee


  • AIR Midday Market Roundup
    The market is down 8. The SFE Futures were up 9 this morning. Wall St. closed slightly higher overnight – up 12 – ... read more
  • Eco 1: Strong Confidence, Conditions
    The Australian economy's recovery is accelerating, as two surveys yesterday indicate. The ANZ Bank on job ... read more
  • Eco 2: Jobs Surged Last Month
    Either the latest job ads survey from the ANZ Bank is a tip off that the labour market is tightening significantly ... read more
  • Disaster Claims Rise For Insurers
    Slowly the size of the bills for Victoria's storms and Queensland's floods, are taking shape. So far over 22,00 ... read more
  • Betting On A Bid?
    Shares in Centrebet International rose sharply yesterday after it revealed possible takeover talks. The shares ... read more
  • Corporates: Atlas, Noble, GWA
    Atlas Iron made a statement to the ASX yesterday, but not concerning any possible deal for its Ridley project in W ... read more
  • AIR Midday Market Roundup
    The market is up 2. The SFE Futures were up 7 this morning. Wall St. closed slightly lower overnight – down 13 – ... read more
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    Recessionary Fears Weigh On Wesfarmers’ $4 Billion
    The global sub-prime crisis and this week’s recessionary fears have rehashed concerns about Wesfarmers' (WES) ability to refinance almost $4 billion in debt by October, with the ... read more
    Aluminia Cuts Underlying Earnings Forecast
    Shares in aluminium producer, Alumina (AWC) fell on Thursday after the company said it cut its underlying earnings for financial year 2007 to $409 million from previously estimat ... read more
    ASX Falls On US Recessionary Fears
    Last updated at 1:30PM AEST January 7. The Australian stock market has opened significantly lower today following a tumble on Wall Street last Friday, as a sharp rise ... read more
    Dollar To Stay Strong, Then Sag
    As risk worries have eased this week, the Australian dollar regained the 90 US cent mark, trading in a 2 cent range over the past few days. It was another week and anothe ... read more
    No Crash For China?
    As we read lower down today, China's economic rebound has dragged the rest of Asia back into the black. But a growing number of western commentators (Many of them in Amer ... read more
    Gold’s 2010 Outlook
    The outlook for gold looks promising in 2010, according to the World Gold Council and will be underpinned by investment demand. This confident forecast came from the WGC,  ... read more
    Disaster Claims Rise For Insurers
    Slowly the size of the bills for Victoria's storms and Queensland's floods, are taking shape. So far over 22,000 claims have been received for the two disasters, but it is ear ... read more
    Betting On A Bid?
    Shares in Centrebet International rose sharply yesterday after it revealed possible takeover talks. The shares rose by more than 12% at one stage to a day's high of $1.89. ... read more
    Corporates: Atlas, Noble, GWA
    Atlas Iron made a statement to the ASX yesterday, but not concerning any possible deal for its Ridley project in Western Australia. The company said Monday that it expected to ... read more
    ERA’s Earnings Surge
    Uranium miner Energy Resources of Australia posted record earnings in 2009, thanks to higher world prices finally hitting the bottom line through higher-priced sup ... read more
    BHP’s Busy Week
    Last week was a busy one for BHP: there was a board meeting to examine the interim results (due for release the week after next) several deals and spending plans for given the gr ... read more
    Oil Search Wants $895 Million
    Oil Search yesterday stunned the market by calling off the sale of part of its stake in the huge PNG LNG project and going to market for nearly $900 million in new capital. ... read more
    Eco 1: Strong Confidence, Conditions
    The Australian economy's recovery is accelerating, as two surveys yesterday indicate. The ANZ Bank on job ads was very strong in February (see next story), while the ... read more
    Eco 2: Jobs Surged Last Month
    Either the latest job ads survey from the ANZ Bank is a tip off that the labour market is tightening significantly, or it's playing catch up to the real economy after showing a f ... read more
    Arrow Bid Sends Coal Seam Gas Sector Higher
    Arrow Energy shares bounded past $5 yesterday in the wake of a proposed offer surfacing from major shareholder, Shell, in partnership with PetroChina. The two companies r ... read more
    Qantas Booms, Your Say On That Bid
    And finally, apart from last year's Telstra T3 sale nothing has generated reader reaction like the Qantas bid did. Thankfully it is over but Qantas can benefit from the experien ... read more
    Your Say On TLS, Drought, Interest Rates And More
    A mixed group of comments from T3, to the drought, to the Rinker battle and several other situations.Here’s a selection of the best comments from the last two week’s comments on ... read more
    Air Blog
    Telstra remains the big issue for the Air Blog commentary and this week it was joined by the drought.Here's a selection of the week's postings.Watch The Drought: the Yanks Are!By ... read more

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