Asia-Pacific News Australia


  • AUD to Stay High

    Paul Bloxham, Chief Economist for Australia and New Zealand, HSBC says that the Australian dollar will continue to stay high as the country's economic fundamentals are strong.

  • Australia Growth to Pick Up Next Year: Analyst

    Paul Bloxham, Chief Economist for Australia and New Zealand, HSBC says that Australia's economy will pick up next year as the Chinese economy is on course to bottom out.

  • CNBC Exclusive: CBA and Aussie Home Loans

    John Symond, Executive Chairman of Aussie Home Loans tells us why he sold an 80% stake in his company to the Commonwealth Bank.

  • Australian surfwear company Billabong International put its shares in a trading halt on Monday ahead of a possible takeover bid for the company, the latest development in a tumultuous year in which three previous takeover offers failed.

  • Shaking Up Australia's Big Banks

    Back in the 1990's, Mark Bouris shook up the mortgage market in Australia and now, he wants to take on the big banks. CNBC's Oriel Morrison speaks to the current Executive Chairman of Yellow Brick Road Wealth Management to discover his game plan.

  • Time to Add Some Risk: Expert

    Stephen Hogan, Senior Private Client Adviser, Equities/Derivatives, Novus Capital says risk assets should rally in the coming months. He says it's a good time to add some exposure to stocks like BHP Billiton and Rio Tinto.

  • Aussie Banks Still In A Sweet Spot: Expert

    David Ellis, Head of Australian Banking Research, Morningstar Australasia says he is very optimistic about the big four banks in Australia, due to their strong market positions.

  • Expect a Christmas rally

    Martin Hickson, Analyst at Wilson Asset Management says the Australian stock market has rallied in the past over the holiday season.

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    A measure of Australian consumer confidence pulled back in December as households fretted on the outlook for the economy and finances.

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    BHP agreed to sell its stake in the Browse liquefied natural gas project to Chinese oil and gas producer PetroChina for $1.63 billion, the second partner to leave the project in recent months.

  • Another Decade of Crisis in the EU?

    Alan Oster, Group Chief Economist, National Australia Bank sees a 5 to 10 year recovery process in the euro zone. He says the issue of social stability has been neglected in the region's debt talks.

  • 12-18 Months to Peak of Australia's Mining Boom: NAB

    Alan Oster, Group Chief Economist, National Australia Bank warns of a multi-speed economy in Australia. He says the country is 12-18 months away from the peak of the building phase of its mining boom.

  • Australia's trade deficit yawned out to its widest in four-and-a-half years in October as imports rebounded while exports stayed flat.

  • Still Chasing Yield: Portfolio Manager

    Paul Trainor, Senior Portfolio Manager, Macquarie Private Portfolio Management says investors should still be focused on yield while interest rates are falling in Australia.

  • Australian Fundamentals Still Strong: Swan

    Wayne Swan, Treasurer of Australia says weaker third quarter growth figures shouldn't be a concern. He says the country's economic fundamentals are still strong, despite market concerns about the slowing mining boom.

  • Australia's resource-blessed economy grew a moderate 0.5 percent last quarter thanks to a fresh burst of business investment, but lower export revenues, government cutbacks and a cresting mining boom mean tougher times may lie ahead.

  • RBA May Have To Loosen Policy in 2013: Economist

    Matthew Circosta, Economist, Moody's Analytics says Australia's economy is holding up well but the RBA may have to loosen policy further in 2013.

  • Aussie Investors Too Exposed to Domestic Economy: Expert

    Steve Johnson, CIO, The Intelligent Investor says Australian investors should be looking at stocks with off-shore exposure. He also says investors need to get used to a lower growth environment.

  • RBA Rate Decision Finely Balanced: Expert

    Nicki Hutley, Director of Economics, KPMG says the RBA's decision to cut interest rates by 25 basis points was not a given. She says it could be a while until the RBA moves again on rates.

  • Will the RBA Cut Cash Rates Any Further?

    Tony Farnham, Economist and Analyst, Patersons Securities says the RBA could cut another 25 basis points in March 2013, depending on partial indicators in the short term.