AccessMyLibrary provides FREE access to over 30 million articles from top publications available through your library.

AUSTRALIAN CONFIDENCE UNSCATHED.

Asia Africa Intelligence Wire

| January 01, 2004 | COPYRIGHT 2004 Financial Times Ltd. This material is published under license from the publisher through the Gale Group, Farmington Hills, Michigan.  All inquiries regarding rights should be directed to the Gale Group. (Hide copyright information)Copyright

(From Market - Asia Pacific)

Australian consumer confidence hit a nine-year high in October of 2003 and is likely to remain strong through the first half of this year. Over the past 12 months, real household income got a double boost from appreciation of the national currency and the rising value of residential real estate, but both of those factors could lead to trouble as 2004 progresses

The national currency (the Australian dollar) has risen in value about 28 percent relative to the U.S. dollar since the outset of 2002. That has given a cost competitive edge to imported goods and services. Australian households have experienced substantial growth in discretionary income over the past two years and that is opening the door to a widening array of imported products. Year-on-year growth in consumer goods imports should hold in the range of 5 to 10 percent through the ...

Related articles from newspapers, magazines, journals, and more
CHINESE INTERNAL DEMAND FIZZLES.(Brief Article)
Newspaper article from: Market Asia Pacific November 1, 2002 700+ words
...affordable financing have contributed to strong gains in real estate and automobile sales this year. Double-digit growth...sectors accounted for most of the upward momentum in internal demand this year. During the third quarter of 2003, automobile...
AUSTRALIAN INTERNAL DEMAND SOFTENS.(sales in retail and wholesale sectors flat)
Newspaper article from: Market Asia Pacific January 1, 2003 700+ words
...Australia's internal demand for goods and...construction and real estate sectors in 2003...little to boost internal demand. According...the fact that internal demand experienced...moderation in real estate prices. Average...
Filling up: Lebanon's real estate sector was left relatively unscathed in the...
Magazine article from: MEED Middle East Economic Digest Pepper, Tom January 27, 2006 700+ words
Beirut's real estate sector has proved remarkably...and $11 million from real estate property rentals...Investment Group. "Internal demand for housing is mostly...pieces of potential prime real estate in the central district...
KOREA'S STAGNANT INTERNAL DEMAND.(Brief Article)
Newspaper article from: Market Asia Pacific October 1, 2004 700+ words
...government's attempts at stimulating internal demand have been fruitless. Economic officials...lodging, private education, and real estate brokerage. With consumer sentiment...their existing debt burden. Residential real estate sales are particularly weak in spite...
Real estate prices drop by 30 percent in 2009.
News wire article from: Times of Central Asia July 29, 2009 700+ words
BISHKEK, July 29 (TCA) -- Real estate prices reduced by 30 percent in Kyrgyzstan in the first half...period. Japarov believes that the state should stimulate the internal demand at the expense of state orders, develop local markets and...
SPANISH INTERNAL DEMAND TO REMAIN FIRM.
Newspaper article from: Market Europe November 1, 2003 700+ words
Internal demand for goods and services in Spain has been stronger than projected this...year. There is increasing concern that strong demand for residential real estate in major urban markets has led to property overvaluation and that the...
BRAZIL'S INTERNAL DEMAND REVIVES.
Newspaper article from: Market Latin America February 1, 2004 700+ words
...growing at a pace in excess of 15 percent year-on-year, while internal demand was only beginning to revive. As a result, the recovery in commercial...be noted in the electronics/telephony, pharmaceutical, and real estate sectors.
FRENCH INTERNAL DEMAND STAGNATES.(Brief Article)
Newspaper article from: Market Europe February 1, 2003 700+ words
...on average. Gains approaching 5 percent are not likely to emerge until the fourth quarter. The automotive and residential real estate sectors will be particularly hard hit. Orders for building materials will be flat through the first four months of the year...
For more facts and information, see all results
©2009 Gale, a part of Cengage Learning. All rights reserved.
About us | FAQs | Contact us | Privacy policy | Terms and conditions
Other Gale sites: Encyclopedia.com | HighBeam Research | Acquire Content | Books & Authors | Goliath | MovieRetriever | Smart QandA