Early Christmas present for motorists

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Job advertisements; Weekly petrol prices Petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 1.6 cents per litre to 124.7 cents... Read more continue reading

On the economy: New normal or abnormal?

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Over the past five years, the average annual growth of 2.1% in real gross domestic product clearly fits the narrative of the new normal. Yet the economy’s recent performance has... Read more continue reading

Weekly market update – week ending 4 December, 2015

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Investment markets and key developments over the past week The past week was dominated by worries about the Fed hiking rates later this month against a background of mixed economic... Read more continue reading

RBA chilled out as expected

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RBA leaves rates at 2%, but retains an easing bias The decision by the RBA to leave interest rates on hold at 2% provided no surprises. The post meeting statement... Read more continue reading

Business credit rises at fastest pace 6½-years

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Business Indicators; Inflation; Private sector credit; Weekly petrol prices Lending up: Private sector credit (lending) rose by 0.7 per cent in October after a similar rise in September. Annual credit... Read more continue reading

Weekly market update – week ending 27 November, 2015

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Investment markets and key developments over the past week The past week was mixed for shares with Eurozone shares up on good economic data and expectations for further ECB easing,... Read more continue reading

Business investment continues to slide

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Capex – QIII 2015 The 4th estimate of 2015‑16 capital spending came in at $120.4bn, slightly better than expected. Mining plans came in at $56b and non‑mining plans are now... Read more continue reading

Largest fall in business investment on record

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Business investment Investment slides: New business spending on buildings and equipment fell by 9.2 per cent in the September quarter – the largest quarterly fall on record and the fifth... Read more continue reading

Weekly market update – week ending 20 November, 2015

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Investment markets and key developments over the past week Share markets bounced back over the last week helped along by a combination of okay earnings news in the US and... Read more continue reading

Wages ahead of prices…just

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Wage price index Slow wage growth: The wage price index rose by 0.6 per cent in the September quarter after a 0.6 per cent rise in the June quarter. Annual... Read more continue reading