Published on November 20, 2010 by Technology Slice
RBA Defends Interest Rate Hikes – The central bank has defended its most recent interest rate rise, saying the “early, modest tightening” was a pre-emptive move to guard against future inflationary pressures. Reserve Bank of Australia (RBA) deputy governor Ric Battellino says inflation is now “broadly in the middle of the target range”. But over [...]
Tags: Amount Of Money, Australian Economy, Bank Of Australia, Basis Points, Board Meeting, Deputy Governor, Economic Developments, Economic Growth, Inflation, Inflationary Pressures, Interest Rate Hikes, Interest Rate Rise, Interruption, Medium Term, Meeting Minutes, Monetary Policy, Reserve Bank Of Australia, Reserve Bank Of Australia Rba, Sustainable Path, Target Range
Posted in Money
Published on November 10, 2010 by Technology Slice
Unemployment To Drop To 4.5 Percent – Treasury believes the budget is on track to return to surplus as promised, pencilling in an underlying cash balance of $3.1 billion in 2012-13, up from the May budget forecast of $1 billion, and marginally down from the pre-election forecast of $3.5 billion. Advertisement: Story continues below The [...]
Tags: 1 Billion, Advertisement, budget, Business Investment, Cash Balance, Economic Growth, economy, household, Swan, Treasurer Wayne, Treasury, unemployment rate, Wayne Swan
Posted in Money
Published on June 17, 2010 by Technology Slice
Although the government does not yet have sufficient political backing to get the decree ratified by parliament on June 22, analysts say its passage — even if via abstention of enough parties — is practically assured because everyone understands its importance.
Tags: Abstention, Budget Deficit, Contagion, Debt Crisis, Economic Growth, Euro Zone, Financial Markets, Government Spending, Jose Luis Rodriguez, Jose Luis Rodriguez Zapatero, Luis Rodriguez, Luis Rodriguez Zapatero, Opposition Parties, Parliament, Prime Minister Jose Luis Rodriguez Zapatero, recession, Severance Pay, Socialist Government, unemployment, Youth Employment
Posted in World
Published on June 8, 2010 by Technology Slice
NSW To Reduce Stamp Duty – Treasurer Eric Roozendaal will deliver a surplus for 2010-11 believed to be in excess of $750 million. The Government, after initially predicting a deficit of close to $1 billion for 2009-10, will announce a surplus of $101 million for that year.
Tags: 1 Billion, Conservative Budget, Economic Growth, economy, Eric, Estimates, Global Financial Crisis, Payroll Tax, Receipts, Stamp Duty, Tax Cuts, Turnaround
Posted in Money
Published on June 3, 2010 by Technology Slice
Stimulus Spending Propping Economy Up – The economy grew 0.5 per cent in the March quarter, driven by a further 11.6 per cent rise in government construction spending, which accounted for more than all of the economic growth offsetting slides in business investment, private housing investment and exports.
Tags: Barnaby Joyce, Business Investment, Doors, Economic Growth, economy, Finance Ministers, Financial Crisis, G20, Government Construction, Gruen, korea, Parliament, Senate Estimates Committee, Slides, Small Business, Stimulus, Swan, Treasurer Wayne, Treasury Official, Wayne Swan
Posted in Money
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