Petrol to fall as wholesale price hits 11-month low

From

Petrol price Petrol prices have risen for the second consecutive week. The Australian Institute of Petroleum reports that the average Australian petrol price rose by 0.5 cents a litre last... Read more continue reading

Budget outcome: Better than expected… again

From

Federal budget update The Federal Budget deficit stood at $54.8 billion in 2009/10 (4.2 per cent of GDP), an improvement of $2.3 billion on the estimate made just four months... Read more continue reading

Cash holdings rise to record highs

From

The proportion of super funds (pension funds) assets held in cash rose from 14.3 per cent to 15 per cent in the June quarter, well above the decade average of... Read more continue reading

Weekly market & economic update

From

Headline developments of the past week While the risk of a double dip back into recession may be waning, the prospect of sub-par growth in key developed countries suggests that... Read more continue reading

Investor Signposts: Week Beginning September 26 2010

From

The big picture Finally one of the great myths has been debunked. The Reserve Bank has finally acknowledged that housing affordability is not a major problem in Australia. Neither is... Read more continue reading

Cold start to spring poses risks for retailers

From

Economic focus Australian retailers, especially those dependent on seasonal purchases, could face new pressures unless the weather starts to warm up in the next few weeks. Capital cities such as... Read more continue reading

Global Reflation Mark II, gold and the Australian dollar

From

Key points The sub-par recovery in the US, Japan and Europe and constrained fiscal policy most likely means that we will see another round of global policy reflation, centred on... Read more continue reading

RBA sets the scene for a rate hike

From

RBA Board minutes; ABARE Australian Commodities; Airfares Minutes of the last Reserve Bank Board meeting echo’s the sentiments of the Governors speech yesterday and adds further weight to the likelihood... Read more continue reading

Petrol spikes as discounting cycle resumes

From

Petrol price; RBA Governor speech Petrol prices have risen for the first time in five weeks. The Australian Institute of Petroleum reports that the average Australian petrol price rose by... Read more continue reading

Spending posts first gain in nine months

From

CBA Business Spending index Tentative signs of a recovery in consumer spending. A key gauge of economy-wide spending posted its strongest result in nine months in August. The Commonwealth Bank... Read more continue reading