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Banks lead Australian market lower

The major banks have led the Australian share market downward as investors choose to wait for more reaction to encouraging US jobs data.

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Housing figures show imbalances

New housing is hoped to help rebalance the economy, but the housing figures offer evidence that imbalances are emerging within housing itself.

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RBA publishes Debelle comments on “US”

Comments by RBA assistant governor Guy Debelle, taking a swipe at negative side-affects of US monetary policy, have been published on the RBA's web site.

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Australian shares flat

The share market is flat in early afternoon trade, as investors are unwilling to push prices higher after a strong recent run.

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$A weighed down by strong US jobs data

Better-than-expected US jobs data continues to weigh the Australian dollar down.

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Elders expects to post a $510m loss

Rural services business Elders has warned it is set to post a loss of more than $500 million for its 2012/13 fiscal year.

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