Trade surplus surges to $1.5 billion while housing approvals rebound

Trade surplus surges to $1.5 billion while housing approvals rebound

Updated May 03, 2018 14:07:09 Australia appears to have enjoyed a mini-economic boom in March with surprising bounces in both exports and building approvals. Key Points: Exports rise 1 per cent to a record $34.8 billion in March First quarter surplus $4b, a $5b turnaround from a soft Q4 in …

Facebook, Visa and tech rebound sends Wall Street surging

Facebook, Visa and tech rebound sends Wall Street surging

Posted April 27, 2018 07:22:40 Australian shares are set to open higher, after a strong day on Wall Street, boosted by Facebook and other major technology stocks. Markets at 7:05am (AEST): ASX SPI 200 futures +0.8pc, ASX 200 (Thursday close) -0.2pc to 5,911. AUD: 75.52 US cents, 54.25 British pence, …

Wall Street loses momentum after FBI raid, Facebook and tech stocks rebound

Wall Street loses momentum after FBI raid, Facebook and tech stocks rebound

Updated April 10, 2018 08:37:02 After an initial surge, Wall Street gave up most its gains in late afternoon trade following a report that the Federal Bureau of Investigation raided the office of President Donald Trump’s personal lawyer. Markets at 7:15am (AEDT): ASX SPI 200 futures -0.1pc, ASX 200 (Monday’s …

Tech stocks rebound, New York Stock Exchange welcomes Spotify with wrong flag

Tech stocks rebound, New York Stock Exchange welcomes Spotify with wrong flag

Updated April 04, 2018 08:46:12 Photo: Music streaming service Spotify made its market debut via a direct listing. (REUTERS/Christian Hartmann/File Photo) US markets have made back ground in the wake of yesterday’s heavy tech-led sell-off, while Spotify began its life as a publicly listed company. Markets at 7:50am (AEST): ASX …

Retail sales figures rebound in 2018 while building approvals are down

Retail sales figures rebound in 2018 while building approvals are down

Updated April 04, 2018 15:19:45 Australia’s struggling retailers are enjoying a solid start to the year with sales rising for the second successive month after a weak end to 2017. Retail sales rose 0.6 per cent in February in seasonally adjusted terms, following a 0.2 per cent gain in January. …

Political correctness ‘stifling Australian cinema’ as indie filmmakers rebound in Adelaide

Political correctness ‘stifling Australian cinema’ as indie filmmakers rebound in Adelaide

Posted March 24, 2018 07:00:00 Photo: The characters in Mike Retter films are typically reflective of suburban reality. (Supplied: Port Film Co-op) Mention the modern-day Australian film industry and you’ll likely elicit a groan as frames of the same actors performing cliché roles, safe plotlines and token ideology flick through …