Singapore gasoline price at 7-month high

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Weekly petrol prices; Used vehicle prices Fuel prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 4 cents last week to 120.2... Read more continue reading

Weekly market update – week ending 18 September, 2020

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Investment markets and key developments over the past week Share markets mostly rose slightly over the last week after two weeks of falls helped by reasonable economic data, anticipation of... Read more continue reading

Petrol to challenge $1 a litre again

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Weekly Petrol Prices Fuel prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 5.5 cents last week to 124.2 cents a litre.... Read more continue reading

Petrol prices hit 6-month high; Job ads lift and ATM withdrawals hit 20-year lows

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Weekly Petrol Prices; Job advertisements; Credit/debit cards; Services activity Fuel prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol rose by 7.2 cents last week... Read more continue reading

Coronavirus recession leads to biggest drop in Aust GDP on record (and worst since Great Depression)

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Australian GDP fell by 7% in the June quarter, which was worse than the latest market expectations (the economist consensus was for a 6% decline), but better than had been... Read more continue reading

Australian economy expected to take until Q1 2022 to recapture end of 2019 levels

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Market review A dovish monetary policy shift by the US Federal Reserve (Fed), with an elevated focus on full employment and shift towards a 2% average inflation target, buoyed risk... Read more continue reading

Weekly market update – week ending 28 August, 2020

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Investment markets and key developments over the past week Global share markets rose over the past week helped by continuing signs of economic recovery, positive coronavirus vaccine and treatment news... Read more continue reading

Investment down, but not as bad as feared

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Business investment Business investment: New business investment (spending on buildings and equipment) fell by 5.9 per cent in the June quarter to be down by 11.5 per cent over the... Read more continue reading

Weekly market update – week ending 21 August, 2020

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Investment markets and key developments over the past week Share markets were mixed over the last week. US shares rose slightly but have been constrained around their February record high... Read more continue reading

Double-digit regional unemployment rates

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Detailed labour force estimates; Chinese data Highest jobless rates: Mandurah in Western Australia had the highest jobless rate across Australia in July at 18 per cent. Unemployment rates are also... Read more continue reading