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Markets close lower on inflation fears

Wall Street has retreated from new 14-month highs after a rise in producer prices sparked fears about inflationary pressures and the outlook for interest rates.

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Dow plummets on European budget fears

Growing fears over the state of European budgets have sent global share markets sliding, with the Dow posting its biggest fall in points since April.

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Markets down on European debt fears

The Australian share market has had one of its worst weeks since the global financial downturn began, amid European debt fears.

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US parity forecast for Aussie dollar

A currency analyst says the Australian dollar could reach parity with the US by the end of the year.

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Businesses to feel squeeze of rate rise

The Reserve Bank of Australia's decison to raise interest rates has caught many businesses and home owners off guard.

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2010 in review - The Strong Dollar

Not since 1982 have we seen the Australian dollar at its current strength - over parity with the US dollar and performing strongly against other currencies as well.

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ASX one step closer to losing long-held monopoly

The Australian Securities and Investments Commission has set a timetable for the entry of the global sharemarket platform, Chi-X, to the Australian market. Chi-X is hoping to start operating in...

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Spare change to celebrate royal wedding

The Royal Australian Mint is offering a piece of royal wedding memorabilia for the not-so-princely sum of 20 cents.

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Fashion designers fight industry slump

Australian Fashion Week has begun in Sydney as soaring cotton prices and the rising Australian dollar put economic pressure on local designers.

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Consumer confidence crashes on tax fears

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RBA analyses consumer gloom

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Rising dollar taking toll on local exporters

News that the Australian dollar set a new post-float record is another blow to the country's exporters, who say they are seeing some of the worst trading conditions in our history.

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Labor MPs call for manufacturing assistance

A group of Labor MPs are calling for the Federal Government to do more to assist manufacturing.

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Greek Australians optimistic about Greece

As Greece limps towards new elections and the latest official statistics show its economy contracting by 5.3 per cent, Greek Australians are expressing shock about what's happened to their nation. In...

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Strong dollar closes Shell refinery doors

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Critics blast Business Council report

Critics say the Business Council of Australia's report on Australia's competitiveness is flawed because it does not make proper comparisons.

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Australia needs to address productivity: Westacott

Business Council of Australia head Jennifer Westacott has defended the council's report and says Australia risks losing mining investment.

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Economist bets on Greece leaving eurozone

The chief economist of one of the UK's biggest banks says troubled European nations should leave the eurozone but keep the euro currency. The chief economist at Lloyds Banking Group in London, Trevor...

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Michael Casey

Michael Casey has travelled to China, to Mexico and his home town of Perth, looking at the winners and losers in the new global economy.

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No relief: cash rate unchanged at 3.5 per cent

The Reserve Bank has decided to leave the official cash rate unchanged at 3.5 per cent. The statement accompanying the decision said the bank viewed inflation to be consistent with the target and...

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Economic challenges ahead in 2013

Despite relief at the resolution of the US budget crisis, economists warn there are still tough times ahead.

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Reserve Bank signals dollar frustration

The Reserve Bank has again signalled its frustration that the Australian dollar remains stubbornly high despite recent interest rate cuts. In the minutes from its February meeting when the cash rate...

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Sav blanc dominance could end

The dominance of New Zealand sauvignon blanc in the Australian wine market could be coming to an end.

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Banks exposed on increasing farm debt

Farmers across the country are being squeezed.

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RBA jawboning takes a cent off the dollar, PM wants more

The Australian Dollar tumbled more than a cent overnight after a rare media interview with Glenn Stevens was published in which he said the local currency should be worth less than 90 US cents....

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Australia's oldest 10-shilling note tipped to fetch $250,000 at Sydney auction

Australia's oldest paper money, a 10-shilling note printed in the 1800s, will be auctioned in Sydney tonight.

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10-shilling note from 1800s sells for Australian record $334,000 at Sydney...

Australia's oldest paper money will be staying on Australian soil after fetching a record price at auction at the State Library in Sydney.

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Share market starts to recover, CBA shares rise despite technical fault

Australian stocks have ended their losing streak with every sector closing higher, in response to a recovery on Wall Street.

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Satyajit Das

Satyajit Das has worked in financial markets for over 30 years, and is a specialist in financial derivatives.

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RBA official warns of violent market selloff

A senior Reserve Bank official is warning that financial markets are heading towards a "violent selloff". RBA assistant governor Guy Debelle says there are several potential triggers around the world....

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Bitcoin exchange launched in Sydney, amid plans to increase market value of...

Bitcoin company Independent Reserve has launched a new exchange in Sydney touting a robust, secure and faster way to use the crypto-currency.

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Bitcoin: Sydney home of suspected founder Craig Steven Wright raided by AFP...

The Australian Federal Police raids the home of a Sydney-based technology entrepreneur who was today identified as the suspected inventor of the digital currency Bitcoin.

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Cryptocurrency backed by gold being developed by Perth Mint to entice...

The Perth Mint is set to enter the rollercoaster cryptocurrency market in a bid to compete with Bitcoin's growing popularity, hoping to lure investors with a product it says could be a world-first.

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