Maturity Wall Hitting Record as Spreads Narrow: AustraliaCredit The record A$31.1 billion ($32.8 billion) of bonds coming due next month is fattening investors’ wallets as demand for corporate debt drives relative yields to the lowest levels in three years. BusinessWeek May 24 12:58pm
Maturity Wall Hitting Record as Spreads Reach 3-Year Low: AustraliaCredit The record A$31.1 billion ($32.8 billion) of bonds coming due next month is fattening investors’ wallets as demand for corporate debt drives relative yields to the lowest levels in three years. Bloomberg May 24 12:58pm
English Says N.Z. ‘Hooked to the China-Australia Train’ New Zealand’s economic recovery is benefiting from stronger Asian demand for agricultural commodities and export prices that may remain elevated in the next two years, Finance Minister Bill English said. BusinessWeek 13 minutes ago
English Says New Zealand Economy ‘Hooked’ to Demand From China, Australia New Zealand’s economic recovery is benefiting from stronger Asian demand for agricultural commodities and export prices that may remain elevated in the next two years, Finance Minister Bill English said. Bloomberg 51 minutes ago
Moody’s Cuts Australia’s Four Biggest Banks’ Ratings to Aa2 Australia’s four largest banks’ credit ratings were cut one level to Aa2 by Moody’s Investors Service on concern their reliance on wholesale debt markets makes them vulnerable to swings in investor confidence. BusinessWeek May 18 01:31am
Reports: GE Capital Nears Sale Of A$5 Bln Australia Mortgage Portfolio GE Capital, a unit of diversified conglomerate General Electric Co. (GE), is close to selling its remaining A$5 billion mortgage portfolio in Australia and New Zealand, according to media reports on Tuesday. The sale is seen as part of the company"s efforts to exit from these markets and to reduce GE Capital"s contribution to earnings. RTT News 1 hour, 24 minutes ago
Australia Cuts Spending to Cool Inflation, Projects Surplus Australia’s government will end 23 years of spending growth to ease inflation from a mining boom and support the return to a budget surplus, even as it plans measures to help companies hurt by a record-high currency. BusinessWeek May 10 07:52pm
Ratings On Australia Unaffected By Government"s 2012 Budget Çѹ·Õè 11 ¾ÄÉÀÒ¤à 2554 08:17 ¹. Standard & Poor"s Ratings Services said today that its views on the Commonwealth of Australia"s (unsolicited rating AAA/Stable/A-1+) sovereign creditworthiness are not immediately affected by the Labor government"s proposed 2012 budget. Thaipr.net May 10 06:27pm
Curtains for Greece It’s good to be back in rainy, carbon-tax obsessed Australia. Your editor is back at his St Kilda command centre after nearly three weeks away in America, where everything is cheaper, bigger, and louder. So world, how are you doing? The Daily Reckoning May 23 02:11am
