China’s economy on the mend

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Chinese economic data Retail sales fell at a 7.5 per cent annual rate (consensus: -6 per cent) in April after declining at a 15.8 per cent annual rate in the... Read more continue reading

Historic day for Aussie job market

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Labour force Employment fell by 594,300 in April – the biggest monthly decline in jobs on record. Full-time jobs fell by 220,500 and part-time jobs fell by 373,800. The unemployment... Read more continue reading

The coming surge in Australia’s budget deficit and public debt due to coronavirus – can we afford it?

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Key points Australia’s federal budget deficit is expected to peak at around $200bn in 2020-21, or around 10% of GDP which will be the highest since the end of WW2.... Read more continue reading

The COVID-19 recession is here – what next?

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A unique recession  “This recession is unique in that it’s deeper, with a much bigger loss of GDP: We’re not visiting restaurants, gyms, or airports less frequently … we’re not... Read more continue reading

Weekly market update – week ending 8 May, 2020

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Investment markets and key developments over the past week Share markets mostly rose solidly over the last week as progress continued in reopening economies supporting perceptions that economic activity may... Read more continue reading

CTRL-ALT-DEL: Rebooting the economy

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Economic trends National Cabinet to meet: National Cabinet will meet on Friday and top of the agenda will be plans to re-open the economy after a period of hibernation. Stimulus... Read more continue reading

The Lucky Country – three reasons why Australia may come through this period of global misery better than most countries

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Key points Australia has performed better than many countries in “controlling” coronavirus, it has a stronger economic policy response & its major trading partner is 2-3 mths ahead of the... Read more continue reading

New property listings decreased in April

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Figures released yesterday by SQM Research reveal national residential property listings decreased in April by 4.9% from 307,847 listings in March 2020 to 292,775. Compared to 12 months ago, listings... Read more continue reading

Petrol prices near 16-year low

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Adelaide, Brisbane and Sydney petrol prices lift Weekly Petrol Prices Petrol prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 2.3 cents... Read more continue reading

Weekly market update – week ending 1 May, 2020

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Investment markets and key developments over the past week Despite sharp falls late in the week, share markets rose over the past week as whole as news of an easing... Read more continue reading