Business caution on global jitters; Biggest fall in petrol price in 7 years

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NAB Business survey; Weekly petrol prices Business survey: The NAB business conditions index eased from +9.5 points to +7.0 points in December. And the business confidence index eased from +5.2... Read more continue reading

Weekly market update – week ending 22 January, 2016

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Investment markets and key developments over the past week It’s been another volatile week in financial markets as investors continue to fret about the global growth outlook. Share markets remained... Read more continue reading

Federal budget position stalls

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Monthly budget statement Budget worsens: In the twelve months to December 2015, the budget deficit stood at $42.0 billion (around 2.5 per cent of GDP), up from $40.7 billion in... Read more continue reading

Santa leaves investors only lumps of coal as markets have their worst start since 1896

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Angst about China has seen the worst open to markets since records began, with a higher than expected contraction in manufacturing and weaker than expected currency fix versus the U.S... Read more continue reading

State and territory perspective

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Most economic commentary is focussed at the national level. This report digs below the headline numbers and compares outcomes across Australia’s States and Territories. CBA Economics analyses how the states and... Read more continue reading

Consumer spirits merely deflated by weaker $A

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Consumer confidence Consumer confidence: The weekly ANZ/Roy Morgan consumer confidence rating fell by 0.8 per cent to 113.2 in the week to January 17. Confidence is down 0.4 per cent... Read more continue reading

Weekly market update – week ending 15 January, 2015

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Investment markets and key developments over the past week It’s been more of the same over the last week with worries about China, global growth and falling commodity prices led... Read more continue reading

Cheaper airfares; Record home purchases

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Housing finance; Airfares Airfares: In smoothed terms, discount fares fell by 6.1 per cent over the year. But business class airfares rose at a 6.2 per cent annual rate in... Read more continue reading

Unemployment rate at a 26-month low

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Labour force Jobs ease slightly: Employment fell by 1,000 in December after rising by 75,000 in November (previously reported as a rise of 71,400 jobs). Full-time jobs rose by 17,600... Read more continue reading

The Euro area in 2016: Solid growth, low inflation, easier policy

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We expect the recovery to continue in 2016, but growth is unlikely to be strong enough to generate a sustained increase in core inflation. In which case, the ECB is... Read more continue reading