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Business 21 Jan 2004 | 12:00 AM

Rising interest rates slowing Australian economy

Rising interest rates have curbed the appetite of companies and consumers to borrow money, according to official data Wednesday which added to growing evidence the Australian economy will slow slightly in 2004.

Business 21 Jan 2004 | 12:00 AM

New Zealand house prices may fall

New Zealand house prices are likely to start falling this year and prices in some regions may slump after recent sharp gains, economists warned Wednesday.

Business 20 Jan 2004 | 12:00 AM

Rising house prices help drive up New Zealand inflation

Rising house and construction prices helped drive inflation up by a higher-than-expected 0.7 percent in the three months ended Dec. 31, official figures showed Tuesday.

Business 16 Jan 2004 | 12:00 AM

Aussie economy and currency set to peak

Australia#039;s economy and its dollar are expected to peak over the next few months, but the long-term outlook for both remains positive, said ANZ Bank chief economist Saul Eslake.

Letters 05 Jan 2004 | 12:00 AM

‘Feel-good factor’ behind push for early elections

By Coomi Kapoor.

Letters 14 Dec 2003 | 12:00 AM

Joy and jitters over strong dollar


Business 06 Dec 2003 | 12:00 AM

Money Market

Business 04 Dec 2003 | 12:00 AM

Australia raises interest rates

B>SYDNEY: /B>Australia's central bank raised interest rates for the second straight month yesterday as data showed the economy accelerating out of a mid-year slowdown.

Business 21 Nov 2003 | 12:00 AM

Aussie up 28% against ringgit

THE Australian dollar has appreciated almost 28% against the ringgit since the beginning of the year, and is currently at its highest level since October 1999.

Business 11 Nov 2003 | 12:00 AM

New Zealand unemployment hits 16-year low

New Zealand's unemployment hit a new 16-year low of 4.4 percent in the three months ended Sept. 30, even though new migrants poured into the country to find jobs, new figures revealed Tuesday.