Biggest fall in home prices in over 5 years

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Home prices; Inflation gauge; Manufacturing gauge Home prices drop: The RP Data – Rismark Home Value Index of capital city home prices fell by 1.9 per cent in May – the

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Lending lifts; Deposits record biggest fall in 11yrs

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Private sector credit Private sector credit (lending) rose by 0.5 per cent in April after a 0.4 per cent lift in March. Annual credit growth rose from 4.4 to 4.5 per

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Petrol price falls below $1.50 a litre

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Weekly petrol prices Petrol price fall: According to the Australian Institute of Petroleum, the national average Australian price of petrol fell by 0.7 cents per litre to 149.5 cents a

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Triple A at risk? Reserve Bank stresses stability

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RBA Board minutes Triple A Credit rating: The Financial Review has reported in an “exclusive” today, that “Rating agency Standard and Poor’s is warning Australia’s prized AAA credit rating could be reviewed

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Record run for construction lending

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Housing finance The number of new owner-occupier housing loans fell by 0.9 per cent in March. The number of loans by owner-occupiers for the construction of homes rose by 2.1 per cent

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Strongest jobs growth in six years

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Labour force Jobs rise again: Employment rose by 14,200 in April after a revised 14,200 lift in jobs in March (previously reported as an 18,100 increase in jobs). Full-time jobs rose

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Exports to China soar to a record $100 billion

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International Trade Healthy trade surplus: Australia’s trade accounts narrowed from a revised trade surplus of $1,257 million (previously $1,200 million) to a surplus of $731 million in March. Exports to China

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Building approvals consolidate; Petrol price to ease

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Dwelling approvals; TD Inflation Gauge; New Car Sales; Weekly petrol prices Dwelling approvals consolidate: Dwelling approvals fell by 3.5 per cent in March. Approvals are still up 20 per cent over

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The Road to the Federal Budget

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Economic & Financial market analysis Federal Budget: The Federal Budget will be handed down on May 13. This note looks at the current state of the economy ahead of the handing

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State of the States

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State & territory economic performance report 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;

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