Australia completes 24th consecutive year of growth

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National accounts Slower growth: The Australian economy grew by 0.2 per cent in the June quarter after a 0.9 per cent increase in the March quarter. Forecasts had centred on... Read more continue reading

Market volatility to be the new normal says Instreet

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Fears about a slowing Chinese economy, sparking an aggressive sell-off in equities across the globe on “Black Monday”, was an over-reaction by investors and a misreading of the Chinese economy,... Read more continue reading

Petrol at 4-month lows; Inflation contained

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Weekly petrol report; Inflation gauge Petrol prices: According to the Australian Institute of Petroleum, the national average Australian price of petrol fell by 2.5 cents per litre to a 4-month... Read more continue reading

Weekly market update – week ending 28 August, 2015

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Investment markets and key developments over the past week Share markets have gone from goodbye to good buy over the last week. The turmoil in global share markets continued into... Read more continue reading

Soft landing for construction work

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Construction work done Construction activity lifts: Construction work done in the June quarter rose by 1.6 per cent, driven by a 5.6 per cent rebound in engineering work. Residential work... Read more continue reading

Confidence eases from 7-week highs

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Weekly consumer confidence Consumer sentiment: The weekly ANZ/Roy Morgan consumer confidence rating fell by 0.2 per cent last week to stand 0.4 per cent lower than a year ago. What... Read more continue reading

Weekly market update – week ending 21 August, 2015

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Investment markets and key developments over the past week The global share market correction continued over the last week as worries intensified regarding emerging countries, their currency rout and the... Read more continue reading

Spending still expanding at a firm pace

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Commonwealth Bank Business Sales Index Economy-wide spending consolidated in July after powering at an “above-normal” pace just after the Federal Budget. According to the Commonwealth Bank Business Sales Indicator (BSI),... Read more continue reading

The correction in share markets

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Key points Uncertainties regarding China, commodity prices, emerging countries and the Fed could see the correction in shares go further in the short term. A disappointing start to the Australian... Read more continue reading

Imports soar to record highs

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Imports of goods Imports lift: Imports of goods rose by 0.2 per cent in seasonally adjusted terms in July to record highs. Record imports from China, India: Annual imports from... Read more continue reading