Signs are good that Australia has turned the corner

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There have been strong signals over the past week that the Australian economy has turned the corner and things are starting to look up, said David Bryant, chief executive officer... Read more continue reading

Housing affordability improves to best levels since 2013

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The March quarter edition of the Adelaide Bank/Real Estate Institute of Australia Housing Affordability Report shows an improvement in housing affordability nationally with the proportion of median family income required... Read more continue reading

Fastest annual economic growth in 3½ years

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National accounts Faster growth: The Australian economy grew by 1.1 per cent in the March quarter after an upwardly-revised 0.7 per cent increase in the December quarter (previously up 0.6... Read more continue reading

Confidence OK: Good time to spend?

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Consumer confidence Consumer confidence: The ANZ/Roy Morgan consumer confidence rating fell by 2.2 per cent to 113.2 in the week to May 29. But the reading on whether it was... Read more continue reading

Biggest rise in economy-wide sales in 6 years

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Business Indicators; New home sales Sales up: Economy-wide sales rose by 1.5 per cent in the March quarter – the biggest increase in six years (since December quarter 2009). Sales... Read more continue reading

Weekly market update – week ending 27 May, 2016

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Investment markets and key developments over the past week Most share markets had a good week helped by improved confidence regarding US growth, increasing signs that the global oil market... Read more continue reading

Industry winners: Internet, agriculture lead the gains

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Australian Industry 2014/15 Industry data: The ABS has released performance data for Australian industry sectors in the last financial year. Leading the gains in income growth in 2014/15 was “Commission-based... Read more continue reading

Weekly market update – week ending May 20, 2016

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Investment markets and key developments over the past week Share markets were constrained over the past week by renewed talk of Fed tightening with US, European and Chinese shares falling.... Read more continue reading

RBA rate cuts, inflation targets, deflation and are central banks out of ammo?

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Key points The RBA eased this month because actual inflation has fallen below target and is likely to stay there for a while. Cutting inflation targets would be foolish and make... Read more continue reading

Wage growth remains low; still outpaces prices

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Wage price index Wage growth at record low: The wage price index rose by 0.4 per cent in the March quarter after a 0.5 per cent rise in the December... Read more continue reading