Glenda Kwek

Economy

Jobless hits highest level since 2009

Glenda Kwek Economists say the Reserve Bank is expected is keep interest rates on hold next month.

Energy

Woodside's $30b Browse project under a cloud

Glenda Kwek The future of Woodside Petroleum's $30 billion Browse LNG project is up in the air again.

Unemployment at highest level since 2009

Glenda Kwek Economists say the Reserve Bank is expected is keep interest rates on hold next month despite the unemployment rate rising to its highest since 2009.

Unemployment

Jobless rate jumps as economy sheds jobs

Glenda Kwek The jobless rate rose to 5.6 per cent in March, the highest for 3½ years, with the economy losing 36,100 positions, following a surprise leap in employment the previous month.

Shares

Market rally driven by just 10 stocks

Glenda Kwek Ninety per cent of the growth on Australia's share market over the past 12 months has come from just a handful of firms.

Supermarkets

Cheap milk for longer, Coles says

Glenda Kwek Coles has sealed a 10-year-deal with Australia’s biggest milk supplier Murray Goulburn to supply the supermarket giant’s home-brand labels.

Investing

Miners lagging market but analysts believe there's hope

Glenda Kwek Weak revenues, high costs and falling commodity prices have beset the mining sector.

Economy

Slump in business conditions puts pressure on rates

Glenda Kwek Business conditions have slid to their lowest level since 2009, with the manufacturing and retail sectors the hardest hit, a private survey has found.

Media

Ten reports $243 million half-year loss

Glenda Kwek Ten flags it will no longer target a ‘‘young’’ and ‘‘promiscuous’’ audience, as it reports a plunge in revenue and a net loss.

Employment

Job ads slip in March but up for the year

Glenda Kwek Job advertisements have fallen after rising in the previous two months, a private employment survey says.

Consumers

Aussies more 'anxious' than UK residents: survey

Glenda Kwek Australians are less satisfied and more anxious than their UK counterparts despite the economy being one of the strongest in the world, a new wellbeing survey has found.

Rates

RBA keeps cuts in mind

Glenda Kwek, Peter Martin The Reserve Bank has continued to keep the door open to a further easing of monetary policy, despite holding the cash rate at 3 per cent for the third straight month, in a move some analysts describe...

Rates

RBA holds interest rates steady

Glenda Kwek The Reserve Bank has kept interest rates on hold at its monthly board meeting this afternoon.

Economy

What next from the RBA? Economists divided on rates

Glenda Kwek Economists are diverging on their outlook for the Australian economy, despite most expecting the Reserve Bank to keep the cash rate on hold.

Slump

Mergers at eight-year low

Glenda Kwek Mergers and acquisitions in Australia have slumped to an eight-year-low in the first quarter, led by a sharp fall in resources deals.

Jobs

ABC tops most attractive employer list

Glenda Kwek The Australian Broadcasting Corporation has been voted Australia’s most attractive large employer for job seekers, according to a private recruitment survey.

Revenue

AFL leaves other codes in the dust

Glenda Kwek The AFL is the biggest money spinner among the football codes, raking in three times the revenue of the NRL, four times that of the A-League and six times that of rugby union, a private report says.

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Airlines

ACCC approves Qantas Asia move

Glenda Kwek Qantas and its budget airline Jetstar have been given the go-ahead by the competition watchdog to integrate their operations with four Asia-based Jetstar joint ventures.

Economy

A glimpse of hope for non-mining sectors

Glenda Kwek Employment in some non-mining sectors has picked up ahead of an expected peak in the resources investment boom, the latest detailed labour force data shows.