Inflation falls to the lowest level in 17 years

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Consumer price index Low inflation: The Consumer Price Index – the main measure of inflation in Australia – rose by 0.4 per cent in the June quarter, in line with

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Lowest July petrol price in 11 years

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Weekly petrol prices Retail petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose from 2½-month lows in the latest week, up by

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CommSec State of the States – July 2016

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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; equipment investment; unemployment; construction work

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Petrol to get cheaper; Home loans consolidate

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Housing finance; Weekly petrol prices Retail petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 2.8 cents per litre 117.7 cents

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New home sales: Back to back declines

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New home sales New home sales ease: New home sales declined by 4.4 per cent in May after falling by 4.7 per cent in April. The decline reflected a fall

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Year in Review 2015/16: Solid growth, low inflation

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Economic & financial perspectives Flat year for shares: Total returns on Australian shares (All Ordinaries Accumulation index) are currently up 0.6 per cent over 2015/16 (20-year average +10.8 per cent).

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Steady as you go on the job front

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Labour force Employment rose by 17,900 in May after rising by just 900 people in April (previously reported as a rise in jobs of 10,800). Full-time jobs were unchanged while

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Rural lending and car loans in vogue

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Lending Finance Lending: Total new loans (personal, business, housing & lease) fell by 1.4 per cent in April after rising by 1.3 per cent in March and rising by 2.1

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Chinese tourism boom; Record car sales

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Tourism, Car sales, Services gauge Tourist arrivals/departures: Tourist arrivals rose by 1.2 percent to record highs in April to be up 11.6 per cent on the year. Tourist departures fell

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Fastest annual economic growth in 3½ years

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National accounts Faster growth: The Australian economy grew by 1.1 per cent in the March quarter after an upwardly-revised 0.7 per cent increase in the December quarter (previously up 0.6

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