The truth about the economy & optimism on China

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An upbeat Reserve Bank Governor Glenn Stevens delivered a speech “The Lucky Country” – in the question & answer session, the Governor reportedly said that monetary policy settings are about... Read more continue reading

State of the states – economic update

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How are Australia’s states and territories performing? Each quarter CommSec attempts to find out by analysing eight key indicators: economic growth; retail spending; equipment investment; unemployment, construction work done; population... Read more continue reading

Weekly economic & market update

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“Risk on” was the main theme over most of the past week on the back of better than feared earnings news and hopes for more stimulus from the Fed, until... Read more continue reading

RBA maintains holding pattern, inflation the key

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The latest Reserve Bank Board minutes confirms that the decision to leave rates on hold in July was largely due to a modest improvement in economic conditions and also given... Read more continue reading

Australia’s richest towns

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The latest release of Census data permits comparisons to be made across states, regions and even postal areas (postcodes). While more data is still to be released, the comparisons that... Read more continue reading

Weekly economic & market outlook

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The past week has seen investment markets continue to trade nervously on ongoing concerns about theglobal growth and earnings outlook. Investors are clearly concerned that global policy makers are not... Read more continue reading

Job losses and murky outlook

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Employment fell by 27,000 in June after a revised 27,900 (previously 38,900 in May). Economists had expected a flat result. In June part-time jobs rose by 6,600 after falling by... Read more continue reading

Business confidence slides to a ten-month low

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The NAB business confidence index fell from -2.2 to – 2.7 in June – a ten-month low. Business conditions improved from a 3-year low, up from -3.9 to -1. The... Read more continue reading

Chinese inflation sidelined

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China’s annual inflation rate fell from 3 per cent to 2.2 per cent in June – a 29-month low. The June result was marginally better than forecasts centred on a... Read more continue reading

Weekly market & economic update

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Global interest rates cuts but disappointing economic data and the renewal of European concerns dominated financial markets last week. America’s payrolls report for June was soft with only +80,000 new... Read more continue reading