Biggest lift in petrol prices in 24½ years

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Weekly Petrol Prices Petrol prices: According to the Australian Institute of Petroleum, the national average Australian price of petrol rose by 3.7 cents per litre to 142.1 cents per litre... Read more continue reading

Weekly market update – week ending June 12, 2015

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Investment markets and key developments over the past week Shares had a mixed week with mostly good economic data, but ongoing uncertainty regarding Greece and worries about a MERS outbreak... Read more continue reading

Lending at a seven-year high; Tourists flock to Greece

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Lending finance; Credit & Debit Cards; Tourism Arrivals Lending: Total new loans (personal, business, housing & lease) rose 3.6 cent in April to a seven-year high of $75.7 billion. New... Read more continue reading

Australian jobs much better than expected, but is it believable?

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The May jobs data support the view that the economy is nowhere near as weak as the doomsayers would have it. However, they likely also exaggerate the strength in the jobs... Read more continue reading

Rebalancing of Chinese economy on track

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Chinese economic data Chinese retail sales rose at a 10.1 per cent annual rate in May. The result was in line with forecasts (+10.1 per cent). Production: Industrial production rose... Read more continue reading

Sliding $A hurts confidence; RBA focus shifts to infrastructure

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Consumer confidence; Consumer sentiment: The Westpac/Melbourne Institute index of consumer confidence fell from a 16-month high, down by 6.9 per cent in June to 95.3. The confidence index is up... Read more continue reading

Weekly market update – week ending 5 June, 2015

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Investment markets and key developments over the past week Shares had a rough week as Greek worries continued to weigh, the back-up in global bond yields resumed, and uncertainty about... Read more continue reading

Perfect storm hits trade accounts; Flat retail

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Retail Trade; International Trade Flat retail trade: Sales were flat in April after ten prior months of gains. Annual spending growth eased from 4.4 per cent to 4.1 per cent,... Read more continue reading

The Australian economy – seven reasons not to be too gloomy

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Key points Australian economic growth came in at a stronger than expected 0.9% in the March quarter, but remains sub-par on an annual basis at 2.3% and demand remains very... Read more continue reading

Stronger, broad-based economic growth

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National accounts Firmer growth: The Australian economy grew by 0.9 per cent in the March quarter after a 0.5 per cent increase in the December quarter. Forecasts had centred on... Read more continue reading