Record job ads for 15 Aussie occupations

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Skilled job vacancies The National Skills Commission’s Internet Vacancy Index (IVI) rose by 3.6 per cent in February (or 9,264 available positions) to a 13½-year high of 269,746 available positions.

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Petrol hits record highs before easing…for now

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Weekly oil market update According to the Australian Institute of Petroleum, the national average unleaded petrol price rose by 14.9 cents a litre last week to a record high of

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Petrol prices could top $2.50 a litre

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Weekly oil market update Last week, the benchmark Singapore gasoline price rose by US$7.29 or 5.9 per cent to an 8-year high of US$130.81 a barrel (highest since February 24,

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Oil watch: Petrol to soar above $2 a litre

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Weekly oil market update On Friday, the Brent crude price rose by US$7.65 a barrel or 6.9 per cent to a 9-year high of US$118.11 a barrel. Over the week,

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Record retail spending in WA and the Top End – Biggest lift in business credit growth in 13 years

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Retail trade; Private sector credit Retail trade rose by 1.8 per cent in January after falling by 4.4 per cent in December. Retail trade was up by 6.4 per cent on

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Biggest lift in planned investment in a decade

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Business investment The Australian Bureau of Statistics (ABS) said new business investment (spending on buildings and equipment) rose by 1.1 per cent in the December quarter to be up 9.8

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Strongest wage growth in 7½ years 

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Wage Price Index The main measure of wage growth, the Wage Price Index (WPI), grew by 0.7 per cent in the December quarter – the strongest quarterly lift in wages

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Rate hike worries rattle consumers

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Weekly consumer confidence; CBA card spending; CBA Household Spending Intentions The weekly ANZ-Roy Morgan consumer confidence rating fell by 1.9 per cent to 99.9 points. Last week, household views on

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Cafes and restaurants surprise winners; record petrol price

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Retail Trade; Job ads; Weekly energy market update Retail trade fell by 4.4 per cent in December after rising 13.6 per cent in the three previous months. Retail trade rose

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Townhouse approvals hit 7½-year high before Omicron 

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Building approvals; Construction activity gauge Dwelling approvals rose by 8.2 per cent in December – the biggest lift in 9 months – to 17,698 units. But approvals are down 7.5

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