Investor home loans slide; Petrol set to rise

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Housing finance; Petrol prices Home loans: The number of loans (commitments) for budding home owners (owner-occupiers) fell by 0.5 per cent in February. Excluding the refinancing of dwellings, the number

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Cost of Cyclone Debbie and catastrophic flooding

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Economic & financial issues Cyclone & floods: This note examines the cost and broader impact of Cyclone Debbie and resultant catastrophic flooding on the economy. In context It is not

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Record wealth! Job vacancies at 6-year highs

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Financial Accounts; Job vacancies; New home sales Total household wealth (net worth) stood at a record $9,404.5 billion at the end of December 2016, up $328.1 billion or 3.5 per

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Confidence stabilises; Cyclone Debbie in focus

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Consumer confidence; Cyclone Debbie Consumer confidence: The ANZ/Roy Morgan consumer confidence rating lifted from an 11-month low, rising by 1.6 per cent in the latest week. Cyclone watch: Investors continue

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ATM use hits 15-year low; Petrol prices ease

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Petrol price; Credit & debit card data Petrol: The national average wholesale (terminal gate) unleaded petrol price stands at 114.7 cents a litre, down by 1.0 cent a litre over

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Dividends start flowing: $22 billion to be paid out

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Economic and Financial market perspectives Cash payouts: This week, dividends started flowing from those companies that reported early in the recent earnings (profit-reporting) season. Conservatively around $22 billion (or around

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Fluky winds for Aussie consumers

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Consumer Sentiment; Construction gauge Consumer confidence: The weekly ANZ/Roy Morgan consumer confidence rating fell by 4.4 per cent in the past week from six-week highs. Construction gauge: The Performance of

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Record economic expansion continues

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National accounts Record expansion: The economy grew by 1.1 per cent in the December quarter after contracting 0.5 per cent in the September quarter. Annual economic growth lifted from 1.9

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Profits hit record highs. Petrol prices flatten

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Business Indicators; Weekly petrol price Profits up: Company operating profits rose by 20.1 per cent in the December quarter to record highs. Sales ease: Economy-wide sales rose by 0.6 per

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Reserve Bank & consumers fixated on petrol

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Reserve Bank Board minutes; Consumer confidence Reserve Bank Board minutes: The minutes from the February 7 Board meeting show that the Reserve Bank believes that wage and price inflation have

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