Economy

News and updates on the Australian economy and world markets that impact on the Australian economy.

Australian Market Wrap #260 - MARTIN LAKOS, MACQUARIE PRIVATE WEALTH

 Mortgage One - Thursday, September 29, 2011

The energy sector and the big miners helped the local market higher today, on the back of ongoing rebounds in markets all around the world. Last night the European markets were up between four and five per cent. It does look like policymakers are starting to get it, that they need to be getting some action going.   Read more

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Standard & Poors Downgrade Italy's Credit Rating

 Mortgage One - Tuesday, September 20, 2011

It never ends; debt concerns flared up again as Europe's third biggest economy, Italy, became the latest credit ratings target. Standard & Poor’s downgraded the Mediterranean nation, one notch from AA to A triggering the predictable sell-off on most markets and it was shades of 2008 amid signs of growing mistrust of Europe's banks.
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