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Australia

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  • Australia's economy grew faster than expected in the first quarter, but analysts were concerned about the quality of the data.

  • Hockey: Australia Q1 GDP is a 'good, solid result' Tuesday, 2 Jun 2015 | 10:15 PM ET
    Hockey: Australia Q1 GDP is a 'good, solid result'

    Joe Hockey, Treasurer of Australia, says the first-quarter gross domestic product confirms the presence of a "strong, broad-based momentum in the Australian economy."

  • Here's the downside to Australia's Q1 GDP Tuesday, 2 Jun 2015 | 9:32 PM ET
    Here's the downside to Australia's Q1 GDP

    David Bassanese, chief economist at BetaShares, says the quality of Australia's first-quarter gross domestic product isn't "fantastic" as consumer spending remained soft.

  • Australian dollar climbs despite RBA holding rates Tuesday, 2 Jun 2015 | 1:38 AM ET

    The RBA kept interest rates steady at a record low 2.0 percent, in line with expectations, but the Australian dollar still pushed higher.

  • RBA is having some 'communication issues': Pro Tuesday, 2 Jun 2015 | 12:34 AM ET
    RBA is having some 'communication issues': Pro

    Matthew Circosta, economist at Moody's Analytics, discusses the jump in the Australian dollar following the Reserve Bank of Australia's decision to stand pat on monetary policy Tuesday.

  • RBA's policy decision due: What to expect Monday, 1 Jun 2015 | 11:35 PM ET
    RBA's policy decision due: What to expect

    Annette Beacher, head of Economic Research at TD Securities and David Walker, senior analyst at StocksInValue.com.au, discuss their expectations for the Reserve Bank of Australia's policy decision and outline trading strategies.

  • Why RBA won't go for a back-to-back rate cut Monday, 1 Jun 2015 | 6:20 PM ET
    Why RBA won't opt for a back-to-back rate cut

    Ben Jarman, senior economist at JP Morgan, says nothing has "materially happened" since the Reserve Bank of Australia's May meeting to bolster the case for another rate cut.

  • Westpac: be nervous about AUD ahead of RBA Sunday, 31 May 2015 | 10:49 PM ET
    Westpac: be nervous about AUD ahead of RBA

    Investors should be a little bit nervous about the Australian dollar ahead of the central bank's meeting on Tuesday, says Sean Callow, senior currency strategist at Westpac.

  • Open skies in Australia: Will it draw carriers? Tuesday, 26 May 2015 | 3:19 AM ET

    Australia may be weighing allowing foreign airlines to offer domestic flights, but it isn't clear the skies down under are particularly attractive.

  • Who's eyeing Fortescue Metals? Monday, 25 May 2015 | 11:11 PM ET
    Who's eyeing Fortescue Metals?

    Robert Brierley, head of Research at Patersons Securities, says China's Baosteel could be interested to take up a stake in Fortescue Metals so as to secure future supplies.

  • Why Vedanta Resources is hopeful on Goa Monday, 25 May 2015 | 9:46 PM ET
    Why Vedanta Resources is hopeful on Goa

    Tom Albanese, CEO of Vedanta Resources, explains why the metals and mining conglomerate hopes to resume iron ore mining in the province of Goa.

  • Vedanta CEO: Iron ore will always be in demand Monday, 25 May 2015 | 9:43 PM ET
    Vedanta CEO: Iron ore will always be in demand

    Speculation about Chinese investments in Fortescue Metals reinforces the fact that the iron ore sector remains "very strategic," says Tom Albanese, CEO of Vedanta Resources.

  • What China-Vale deal means for Australia Monday, 25 May 2015 | 7:36 PM ET
    What China-Vale deal means for Australia

    Bill Marmion, Western Australian Minister for Mines and Petroleum, says China's decision to help bankroll a major expansion by Brazilian iron ore giant Vale is a "smart move."

  • WA mining minister: 'We welcome all investments' Monday, 25 May 2015 | 7:33 PM ET
    WA mining minister: 'We welcome all investments'

    Bill Marmion, Western Australian Minister for Mines and Petroleum, says he welcomes all foreign investments in Western Australia. He also explains why the government doesn't support an iron ore inquiry.

  • Chinese cash a good thing for Fortescue Metals? Monday, 25 May 2015 | 6:49 PM ET
    Chinese cash a good thing for Fortescue Metals?

    David Lennox, resources analyst at Fat Prophets, explains why the Australian government may be in favor of Chinese companies lifting their stakes in Fortescue Metals.

  • Eurovision: Geopolitical cracks beneath cheesy songs Friday, 22 May 2015 | 1:02 AM ET

    2015 marks the 60th anniversary of the infamous Eurovision Song Contest, in which Australia will be making a debut guest appearance.

  • Iron ore inquiry a 'waste of taxpayer money': Pro Thursday, 21 May 2015 | 11:08 PM ET
    Iron ore inquiry a 'waste of taxpayer money': Pro

    Tim Schroeders, fund manager at Pengana Capital, explains why he agrees with the Australian government's decision to walk away from an inquiry into the country's iron ore sector.

  • Could Australia win this year's Eurovision? Thursday, 21 May 2015 | 12:53 AM ET
    Could Australia win this year's Eurovision?

    Amanda Pelman, chair of Australia's Eurovision Jury, discusses whether Australia's Guy Sebastian could win the annual competition. She adds that the Eurovision Song Contest is seeing more diverse and professional talents.

  • How to cool housing hot spots, Down-Under style Wednesday, 20 May 2015 | 8:53 PM ET

    Australia and New Zealand are trying different methods to cool their biggest cities' housing markets without hurting borrowers, banks and their economies.

  • Rio Tinto, Mongolia end stand-off to build copper mine Tuesday, 19 May 2015 | 8:23 PM ET

    Mongolia and Rio Tinto have reached an agreement paving the way for work to resume on a stalled $5 billion underground copper mine.