CommSec State of the States – July 2020

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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... Read more continue reading

COVID-19: Stimulus and re-opening of the economy

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Economic trends CommSec has regularly provided updates of the stimulus measures provided by Federal, State and Territory governments to support businesses and individuals deal with the consequences of the COVID-19... Read more continue reading

Weekly market update – week ending 17 July, 2020

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Investment markets and key developments over the past week US, European and Japanese share markets rose over the past week as positive news on vaccines and mostly good economic data... Read more continue reading

China economy: Coronavirus comeback kid

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Chinese economic data Chinese economic growth: The Chinese economy (GDP) expanded by 11.5 per cent in the June quarter (consensus: +9.6 per cent) after a 10 per cent contraction in... Read more continue reading

10 interesting charts right now – COVID-19 edition

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Is government debt bad or good? What it means The government fiscal response to COVID-19 and the associated forced shut-down of the economy has been significant. In our view, there... Read more continue reading

Recovery optimism: COVID-19 and the shortest recession on record

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COVID-19 has severely disrupted the world’s economy, plunging it into the worst recession since 1930 and putting an end to the longest economic uptrend in history. According to the National... Read more continue reading

Sydney petrol prices surge; Home sales rebound

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Weekly Petrol Prices; Tourism; Credit/debit cards; Home sales; COVID-19 survey Petrol prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 0.1 cent... Read more continue reading

Weekly market update – week ending 10 July, 2020

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Investment markets and key developments over the past week Share markets were mixed over the last week as investors were torn between rising coronavirus cases and US/China tensions on the... Read more continue reading

It’s a long way from here to full employment- the RBA is happy with progress but it’s still early days

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The RBA hasn’t purchased any bonds since early May. This means that so far it has ‘only’ bought roughly $50B of government bonds – far fewer than initially expected –... Read more continue reading

Weekly market update – week ending 3 July 2020

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Investment markets and key developments over the past week Despite ongoing concerns about coronavirus most major share markets saw solid gains over the last week helped by good economic data,... Read more continue reading