Dwelling approvals rebound, Credit sluggish

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Latest economic data New dwelling approvals rose for the first time in seven months – up 9.3 per cent in October. The RP Data-Rismark Hedonic Australian Home Value Index –... Read more continue reading

Profits and sales slide as businesses temper activity

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Business indicators; New Home Sales; Petrol price Company profits fell by 1.5 per cent in the December quarter, led by the construction sector. Excluding mining, profits fell by a much... Read more continue reading

Reserve Bank Governor signals pause on rates

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Testimony of Reserve Bank Governor In delivering testimony to the House of Respresentatives Economics Committee, the Reserve Bank Governor has given clear signals that interest rate settings are on hold... Read more continue reading

Weekly market & economic update – 26 November 2010

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Headline developments of the past week While there was good news at the start of the week in terms of Ireland agreeing to accept a bailout from the European Union... Read more continue reading

RBA signals pause on rates

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Testimony of Reserve Bank Governor The Reserve Bank Governor has delivered testimony to the House of Respresentatives Economics Committee. Transcripts of the testimony have been released. Selected comments from the... Read more continue reading

Australian housing – is it a bubble? What’s the risk?

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Key points Australian housing is not in a bubble but it is very overvalued, and combined with high debt levels leaves Australian households vulnerable should anything significantly threaten house prices.... Read more continue reading

Financial planners behind over $40,000 in grants for community projects

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Future2 announces 2010 Make the Difference! Grants Four grants totaling $41,000 were announced today by Future2, giving vital support to grassroots projects working to transform the lives of disadvantaged young... Read more continue reading

Mining investment leads the way

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Private New Capital Expenditure New business investment rose by 6.2 per cent in the September quarter – the biggest increase in three years. Mining dominated investment plans with investment in... Read more continue reading

Investor Signposts: Week Beginning November 28 2010

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The big picture There’s no doubt that researchers have it easy nowadays compared with their predecessors even just a decade ago. There is just so much information freely available. And... Read more continue reading

Biggest housing slump in a decade

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Construction work done Construction work done fell from record highs, down by 2.1 per cent in the September quarter. In real terms the value of construction work done fell to... Read more continue reading