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We’ve written for some time about what a waste of space the Federal government.
How it just sucks the life out of the private sector in order to fill the pockets of interfering and power-crazed bureaucrats.
Yet we’ve been told by all and sundry that a strong government is important, nay, crucial for the stability of both [...]

Yesterday, the S&P/ASX 200 added a huge 91 points (2.08%) to close at 4,495.70. And the index has been potentially predicted to do again today, already 1% higher.
The June quarter gross domestic product (GDP) figures released yesterday and were one of the main drivers of the rally. The economy grew 1.2% for the second [...]

Yesterday, RBA Assistant Governor Guy Debelle spoke at the “Risk Australia Conference” in Sydney.
The one-day conference, which would have cost those interested, up to USD$2,800 to attend, was held at the plush surroundings of the Hilton Hotel in Sydney.
Among the sponsors of the “Risk Australia” conference was Credit Suisse. Credit Suisse, of course, is [...]

Yesterday, the S&P/ASX 200 closed at 4,404.20, lower by 48 points. Retail sales grew by 0.7% for July, which was higher than the 0.4 anticipated. Patronage at restaurants at café’s was up 106% for the same month, but that could be due to the MasterChef effect.
Australia’s current account deficit was the lowest since 2002, [...]

We’ll stay on the theme of Japan for today. And we may even stay on a similar subject for tomorrow after we heard this quote, “All the signs look like we’re [the US] going to follow the Japanese scenario.”
But more on that – perhaps – tomorrow.
Until then, we had to laugh. Yesterday’s Wall [...]

The S&P/ASX 200 rallied 82 points, closing at 4,452.70, however thanks to the lead in from America, the market has already opened lower this morning.
Some important economic data coming out today for the month of July is building approvals, Australia’s international investment position and retail trade data, all from the Australian Bureau of Statistics. [...]

Having read through US Federal Reserve chairman Ben Bernanke’s speech at Jackson Hole, Wyoming over the weekend we can only come to two conclusions.
Either Mr. Bernanke is stark raving mad and should be sent to a nut farm immediately. Or, he should be carted off to The Hague to face charges of crimes against [...]

On Friday, the S&P/ASX 200 ended the day higher by 14 points, to 4,370.10. The Aussie index is currently 60 points up this morning.
The Dow Jones Industrial Average gained 164 points closing to 10,150.65. Gross domestic product (GDP) was cut from an annualised rate of 2.4% down to 1.6%.

However the market rallied as [...]

“I’ve seen the doc and he says I have gastro. He’s suggested I take tomorrow off as well, which I hope is okay. But because I’ve been so crook I haven’t been able to do anything for Money Weekend.”

That was the email that greeted your editor this morning from assistant editor Shae Smith.
Quick as a [...]

The S&P/ASX 200 closed up 36 points to end the day at 4,356.00.
The Dow Jones Industrial Average dropped 74 points to 9,985.81, closing below 10,000 for the first time since early July.
In the UK, the FTSE ended yesterday up by 46 points to 5,155.84.

The Nikkei was up 61 points, finishing the day at 8,906.48.
The [...]