Election fever boosts Canberra property? Manufacturing activity hits 8-month high

From

Home prices; Manufacturing Home prices: The CoreLogic Home Value Index of national home prices fell by 0.49 per cent in April – the smallest decline since September – to be down 7.2 per cent over the year. Prices fell in all capital cities except Canberra (up by 0.4 per cent). Regional prices fell by 0.3 […]

continue reading

Weekly market update – week ending 26 April, 2019

From

Investment markets and key developments over the past week Share markets were mixed over the last week. US shares hit last year’s highs helped by good earnings news and rising energy shares on the back of high oil prices. Following the US lead Australian shares also made it back to last year’s highs helped by […]

continue reading

CommSec Research – State of the States April 2019

From

Overall Results 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 growth; housing finance and dwelling commencements. Just as the Reserve Bank uses long-term averages to determine the level of ‘normal’ interest rates; we […]

continue reading

Inflation dragon tamed

From

Consumer price index Inflation: The Consumer Price Index – the main measure of inflation in Australia – was unchanged in the March quarter, below expectations. In seasonally adjusted terms the CPI rose by 0.1 per cent. The annual rate of headline inflation eased from 1.8 per cent to 1.3 per cent. The Aussie dollar fell […]

continue reading

Petrol prices hit 24-week highs

From

Weekly Petrol Prices Weekly Petrol Price: According to the Australian Institute of Petroleum, the national average price of unleaded petrol rose by 5.5 cents in the past week to 150.0 cents a litre – the highest level since early November. The petrol figures have implications for retailers, especially petrol marketing groups. What does it all […]

continue reading

Superannuation facing grim financial year as markets flatten

From

Despite a recovery in the March quarter, superannuation funds are heading for a disappointing 2018-19 financial year, with global growth challenges and a loss of market momentum meaning funds will struggle to make up for sharp losses in the December quarter. According to estimates from leading superannuation research house SuperRatings, balanced option returns were largely […]

continue reading

Financial markets and Federal elections

From

Financial market events In the past seven elections, both the Australian dollar and the Australian sharemarket have risen in the three weeks following poll day. The Australian dollar has lifted 2.3 per cent against the US dollar in the past seven elections. The All Ordinaries index has risen by 2.6 per cent in the three […]

continue reading

Petrol price eases; Mixed signals on job hiring

From

Weekly Petrol Prices; ANZ Job Ads Weekly Petrol Price: According to the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 2.1 cents in the past week to 141.0 cents a litre. Job advertisements: ANZ job advertisements fell for the fifth straight month, down by 1.7 per cent in March after […]

continue reading

Weekly market update – week ending 5 April, 2019

From

Investment markets and key developments over the past week Share markets pushed higher over the last week helped by more “green shoots” pointing to improving global growth this year, including Chinese business conditions PMIs & the US ISM index and a stabilisation in Eurozone composite PMIs, and more indications that the US and China are […]

continue reading

Gender pay gap persists globally, with large-scale economic and social implications

From

The oft-cited statistic that women earn approximately 80 cents for every dollar men earn still holds true in the U.S. [1] But what do the statistics mean? Behind the numbers lie far-reaching implications about women’s ability to build wealth and afford a secure retirement, as well as the societal norms that may perpetuate the cycle. […]

continue reading