Search Results for: Australia's
Massive fraud link to major mortgage broker
January 7th, 2015
The Melbourne man at the centre of an alleged $110 million mortgage fraud holds a senior position in one of the country’s largest mortgage brokerage networks, raising concerns that the true scale of the potential financial losses is yet to be ...
Australia probes bitcoin crime links as currency craves legitimacy
December 3rd, 2014
A top Australian law enforcement agency is investigating bitcoin’s role in organized crime, a senior official said, just as politicians and financial regulators embrace the digital currency as a legitimate part of modern business. The investigation into bitcoin’s crime ...
Japanese shares lose steam, Asian shares slip
November 19th, 2014
Japanese shares gave up early gains on Wednesday as investors booked profits after Prime Minister Shinzo Abe delayed a tax hike and said he would call a snap election to seek a fresh mandate for his economic policies. Asian ...
Australia & NZ shares slip as commodity prices fall, China data awaited
November 5th, 2014
Australian and New Zealand shares slipped on Wednesday with weaker iron ore, copper and oil prices dragging down Australia’s heavyweight resources sector amid concerns about global demand. The S&P/ASX 200 index fell 29.9 points to 5,490 by 01:20 GMT, ...
Dollar climbs on yen, BOJ passes baton to ECB
November 3rd, 2014
The U.S. dollar powered to seven-year peaks against the yen on Monday and a two-year high on the euro, a punishing trend for commodities priced in dollars as gold, silver and oil all fell. Disappointing surveys out of China’s ...
Australia 200 – Threatening to Return to Above 5500 Again
October 31st, 2014
Australia 200 for Friday, October 31, 2014 Throughout most of September the Australia 200 Index declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 and 5500, ...
RBA Keeping Close Eye on Lending Standards
October 23rd, 2014
Australia’s central bank is keeping a close eye on the build up of credits to housing investors and is still talking to the financial regulator over what can be done to tighten lending standards, the head of the Reserve ...
Soft Australian inflation supports low interest rates
October 22nd, 2014
Australian consumer prices rose 0.5 percent in the three months to September, official figures showed Wednesday, as the annual rate of inflation eased after the removal of a controversial carbon tax. The increase in the consumer price index (CPI) ...
Australia 200 – Bounces Strongly Off Support at 5100
October 15th, 2014
Australia 200 for Wednesday, October 15, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...
Australia 200 – Threatening to Return to 5000
October 14th, 2014
Australia 200 for Tuesday, October 14, 2014 Since the beginning of September the Australia 200 Index has declined strongly from its multi-year high after running into resistance around 5650 back to enter its previously established trading range between 5400 ...