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Source: FOREXPROS.com
Australia Economic CalendarAustralia Economic Calendar, economic indicators charts, historical data and forecasts. The economic indicators calendar includes Central Bank Interest Rate decisions, Inflation Indicators (CPI, PPI), GDP Growth, Unemployment rate, Non Farm payrolls, Balance of Trade, Current Account, Industrial Production, Business Sentiment, Housing Indicators, Retail Sales, Crude Oil Inventories, etc.
Australia Economic News
Australian Economic Growth Accelerates
Published: 8/31/2010 11:04:57 PM
By: TradingEconomics.com, Bloomberg
Australia’s economy grew at the fastest pace in three years last quarter, stoked by China’s demand for iron ore.
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Australian Unemployment Rises in July
Published: 8/12/2010 11:35:20 AM
By: TradingEconomics.com, Bloomberg
Australia's unemployment rate rose to 5.3 percent in July as the number of people entering the work force outpaced growth in new jobs.
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Australia's Growth May Gain Momentum by the End of This Year
Published: 8/5/2010 5:48:34 PM
By: Anna Fedec, contact@tradingeconomics.com
In 2009, unlike many other major economies, Australia recorded year-over-year growth due to a strong banking system and successful monetary and fiscal policy. And although the pace of expansion in the first quarter of 2010 was weaker than expected, the recent surge in commodity prices, improving labor market and strong domestic demand are likely to support sustainable growth this year.
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Commodities Drive Record Australia Trade Surplus
Published: 8/4/2010 10:23:11 AM
By: AFP
Australia posted a record monthly trade surplus of 3.54 billion dollars (3.12 billion US) in June, as the resource-rich country enjoys a return to boom conditions.
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Australia Keeps Key Rate at 4.5%
Published: 8/3/2010 10:49:49 AM
By: TradingEconomics.com, RBA
Australia’s central bank kept interest rates unchanged for a third month after slower inflation and diminished financial risks abroad left officials with little need for any shift in policy.
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Australia Inflation Cools
Published: 7/28/2010 11:40:49 AM
By: TradingEconomics.com, Bloomberg
Australian consumer prices rose by much less than expected last quarter while core inflation slowed to its lowest in over three years, all but ruling out the need for an interest rate rise next week and possibly for the rest of the year.
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Australia's Trade Surplus Widens in May
Published: 7/6/2010 9:11:25 AM
By: TradingEconomics.com, Bloomberg
Australia’s trade surplus widened in May as exports of coal and gold climbed on demand from Asia, outpacing a gain in imports.
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Australia Keeps Interest Rate at 4.5%
Published: 7/6/2010 9:01:24 AM
By: TradingEconomics.com, RBA
Australia’s central bank paused in raising borrowing costs for a second month, and dropped a reference to the level of its benchmark being appropriate for the “near term,” citing concern about the global outlook.
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Australia's Growth May Gain Momentum by the End of This Year
Published: 6/24/2010 1:26:23 PM
By: Anna Fedec, contact@tradingeconomics.com
Australia has weathered the global downturn much better than other major economies. In fact, Australia’s managed to record year-over-year growth in 2009 due to a strong banking system and successful monetary and fiscal policy. In this article we argue that although the expansion recorded in the first quarter of 2010 was weaker than expected, the recent surge in commodity prices, improving labor market and strong domestic demand are likely to support sustainable growth this year.
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Australia Added 26,900 Jobs in May
Published: 6/10/2010 10:04:26 AM
By: TradingEconomics.com, Bloomberg
Australian employers added workers in May for a third straight month, underscoring the central bank’s assessment that economic growth will accelerate this year as a mining investment boom stokes hiring.
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More news
Global Economic News
US Payrolls Fall Less Than Expected in August
Published: 9/3/2010 1:45:22 PM
By: TradingEconomics.com, Reuters
U.S. employment fell for a third straight month in August, but the decline was far less than expected and private payrolls growth surprised on the upside, easing pressure on the Federal Reserve to prop up growth.
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ADP Estimates Companies in U.S. Unexpectedly Cut Jobs
Published: 9/1/2010 12:11:45 PM
By: TradingEconomics.com, Bloomberg
Companies in the U.S. unexpectedly cut workers in August, data from a private report based on payrolls showed. Employment fell by 10,000, according to figures today from ADP Employer Services.
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Bank of Japan Increases the Amount of Low Interest Loans
Published: 9/1/2010 12:06:53 PM
By: TradingEconomics.com, Bank of Japan
The Bank of Japan (BOJ) decided on Monday to keep its key interest rate at near-zero and boost the amount of low-interest loans to financial institutions. The measures were aimed at reining in the rising value of the yen.
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New Zealand's Trade Balance Swung to Deficit in July
Published: 9/1/2010 10:49:41 AM
By: TradingEconomics.com, Bloomberg
New Zealand reported a trade deficit for the first time in seven months in July as increased imports of vehicles and petroleum products offset gains in exports of milk powder, butter and cheese.
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Australian Economic Growth Accelerates
Published: 8/31/2010 11:04:57 PM
By: TradingEconomics.com, Bloomberg
Australia’s economy grew at the fastest pace in three years last quarter, stoked by China’s demand for iron ore.
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Japan Unemployment Rate Falls in July
Published: 8/27/2010 12:31:59 PM
By: TradingEconomics.com, MarketNews
Japan's unemployment rate fell to 5.2% in July from 5.3% in June, as the number of unemployed marked the first month-on-month drop in five months and more jobs were created for the second straight month.
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Japan Inflation Falls in July
Published: 8/27/2010 12:24:17 PM
By: TradingEconomics.com
Japan's consumer prices fell for the 17th straight month in July, as deflation kept a tight grip on the economy.
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UK GDP Growth Revised Up to 1.2%
Published: 8/27/2010 12:08:53 PM
By: Financial Times
The UK economy grew slightly faster than initially thought in the second quarter, expanding by 1.2 per cent rather than the 1.1 per cent first estimated.
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U.S. Economy Grew a Revised 1.6%
Published: 8/27/2010 11:53:39 AM
By: TradingEconomics.com, Bloomberg
The U.S. economy grew at a 1.6 percent annual rate in the second quarter, less than previously calculated, as companies reined in inventories and the trade deficit widened.
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Japan Exports Rise 23.5% in July
Published: 8/25/2010 1:00:41 PM
By: TradingEconomics.com, Reuters
Japan's exports rose a more than expected 23.5 percent in July from a year earlier, Ministry of Finance data showed, but economists expect overseas demand to moderate in the coming months and the rising yen to cloud the outlook.
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