Wage growth lifts from lows; Watchful consumers

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Wage Price Index; Consumer confidence Consumer confidence: The Westpac/Melbourne Institute survey of consumer sentiment fell by 1.7 per cent in November after lifting 3.6 per cent in October and rising

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Engineering construction at 10-year highs

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Consumer sentiment; Construction activity Consumer confidence: The weekly ANZ/Roy Morgan consumer confidence rating fell by 0.7 per cent last week to 112.6 after rising 0.1 per cent in the prior week.

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Higher oil prices spells bad news for motorists

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Weekly petrol prices, Job advertisements, Monthly inflation, CPI reweighting Petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 2.1 cents last week

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Oil seeds and beverage prices spike

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International trade prices Export & import prices: Import prices fell by 1.6 per cent in the September quarter and were down 0.4 per cent on a year ago. Prices of exports

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Petrol pain; More unemployed 

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Weekly petrol prices; Census; Chinese property Petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by 1.5 cents to 127.4 cents a litre.

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CommSec State of the States – October 2017

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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; business investment; unemployment; construction work

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Aussies switch housing preferences

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Building approvals; Job ads; Consumer confidence; Home sales Dwelling approvals: Approvals by local councils to build new homes rose by 0.4 per cent in August after falling 1.2 per cent

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Federal budget: Smallest deficit in four years

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Federal Budget Final Budget outcome: The budget deficit for 2016/17 was $33.15 billion or 1.9 per cent of GDP. The budget deficit was a $4.4 billion improvement on the $37.6 billion

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Jobs bonanza: Quarter of a million jobs added

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Labour force; China data; Airfares Employment rose for the 11th straight month, up by 54,200 in August after rising by 29,200 in July (previously reported as a rise of 27,900

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Widening gap between income & spending

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Household income, wealth & expenditure Rich Australia: The Bureau of Statistics (ABS) has released a barrage covering the finances and spending patterns of Aussie families. Wealth continues to soar –

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