Biggest slide in home building in a decade

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Latest economic data The outlook for home builders is gloomy. Council approvals to build news homes slumped by 6.6 per cent in September. Over the past six months approvals have... Read more continue reading

Reserve Bank takes a punt

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Reserve Bank Board meeting For the first time in six months the Reserve Bank has elected to increase official interest rates, lifting the cash rate by 25 basis points to... Read more continue reading

Tame inflation; Manufacturing orders sink

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Inflation gauge; Weekly Petrol Price, PMI, House Price Index The TD Securities-Melbourne Institute monthly inflation gauge rose by 0.3 per cent in October after lifting 0.1 per cent in September,... Read more continue reading

Weekly market & economic update: 29 October 2010

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Headline developments of the past week US GDP grew an annualised 2% in the September quarter, which was right in line with market expectations. Clearly the US economy has not... Read more continue reading

Budget deficit soars to record high

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Federal budget The underlying budget deficit hit a record high of $63.3 billion in the twelve months to September 2010, indicating that the Government has plenty of work to do... Read more continue reading

Investor Signposts: Week Beginning October 31 2010

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The big picture Here’s a scary thought – 2010 is almost over, with just over two months to go to the end of the year. So it is opportune to... Read more continue reading

Global Property Securities Update

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Overview Strong returns by listed property companies during the month were mainly driven by positive momentum in most global equity markets. The prospect of further quantitative easing in the US... Read more continue reading

The new age of consumer thrift

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Key points The GFC has ushered in a period of more cautious consumers in the US and to a lesser extent in Australia. Household savings rates are likely to be... Read more continue reading

Deflation reigns: Bonanza for consumers

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Consumer Prices There are more goods falling in price currently than at any time over the past decade. In the June quarter 33 items were cheaper than a year ago... Read more continue reading

Inflation: Another beautiful set of numbers

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Consumer Price Index Australia’s main inflation measure – the consumer price index (CPI) – rose by 0.7 per cent in the September quarter, well below economist forecasts. The annual rate... Read more continue reading