Record-high Aussie life expectancy, WA building approvals hit 17-year low

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Building approvals; Consumer sentiment; Life expectancy Life expectancy: Life expectancy at birth stands at 82.5 years for all Aussies – amongst the highest in the world. Life expectancy for females remained at record-highs of 84.6 years and male life expectancy rose to an all-time record high 80.5 years, up from 80.4 years. Building approvals: Council approvals to […]

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Insight Investment’s global economic outlook for the week ahead (week beginning 29 October 2018)

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The multi asset team at Insight Investment notes “ This week we see a raft of top tier macro data released, with PMIs and labour market data the main focus. As the earnings season gathers pace, 25% of market cap is due to report next week including major companies Apple, Facebook, Chevron and Exxon, and, […]

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Weekly market update – week ending 26 October, 2018

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Investment markets and key developments over the past week Most major share markets fell over the past week as worries about the global outlook continue. Chinese shares rose though thanks to stimulus measures. Bond yields fell on safe haven demand and while iron ore prices rose, oil and metals fell. The $US rose and this […]

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CommSec State of the States – October 2018

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 […]

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Hobart skilled job vacancies hit 4-year high – Record job ads for health & welfare workers

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Skilled job vacancies; Manufacturing Skilled vacancies: The Internet Vacancy Index fell by 0.6 per cent in September. The index is 1.6 per cent higher than a year ago – the slowest annual growth rate in 18 months. Tassie jobs surge: The Tasmania Internet Vacancy Index rose by 0.4 per cent in September. Vacancies are up by 16.0 per […]

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Are shares expensive?

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Key points Starting point valuations for shares matter a lot in terms of medium-term return potential and vulnerability to share market falls. Basically, the cheaper the better. Developed market shares are not dirt cheap (and haven’t been for several years) but on most measures they are not at overvalued extremes. US shares are most at […]

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Biggest fall in consumer confidence in 6 years; Consumers’ inflation expectations at 3-year high.

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Consumer sentiment Consumer sentiment: The ANZ-Roy Morgan consumer confidence rating fell by 6.0 per cent to 112.3 in the past week – the largest fall since the week ended May 20 2012. The index is below the average of 114.2 held since 2014 and below the longer-term average of 113.0 held since 1990. Inflation expectations: Consumers’ […]

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Insight Investment’s global economic outlook for the week ahead (week beginning 22 October 2018)

The multi asset team at Insight Investment notes: A busy earnings season in the US, review of Italy’s sovereign ratings and top-tier data releases will be in focus. As the US earnings season gathers pace, major companies including Amazon, Verizon, Microsoft and Caterpillar are scheduled to report this week. With 56 firms reporting so far (roughly […]

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Weekly market update – week ending 19 October, 2018

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Investment markets and key developments over the past week While share markets had a great bounce from oversold levels early in the last week they fell back to varying degrees as worries around US interest rates, the US trade conflict with China, tech stocks and Italy’s budget deficit continued along with escalating tensions with Saudi […]

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Slowest Chinese economic growth in 9½ years

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Chinese economic data The Chinese economy grew at a 6.5 per cent annual rate in the September quarter (forecast: +6.6 per cent), down from 6.7 per cent in the June quarter – the slowest annual growth rate in 9½ years. Chinese retail sales rose at a 9.2 per cent annual rate in the year to September, (forecast: […]

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