Confidence OK: Good time to spend?

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Consumer confidence Consumer confidence: The ANZ/Roy Morgan consumer confidence rating fell by 2.2 per cent to 113.2 in the week to May 29. But the reading on whether it was

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Biggest rise in economy-wide sales in 6 years

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Business Indicators; New home sales Sales up: Economy-wide sales rose by 1.5 per cent in the March quarter – the biggest increase in six years (since December quarter 2009). Sales

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Industry winners: Internet, agriculture lead the gains

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Australian Industry 2014/15 Industry data: The ABS has released performance data for Australian industry sectors in the last financial year. Leading the gains in income growth in 2014/15 was “Commission-based

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Wage growth remains low; still outpaces prices

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Wage price index Wage growth at record low: The wage price index rose by 0.4 per cent in the March quarter after a 0.5 per cent rise in the December

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The art of persuasion; Confidence up

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Reserve Bank Board minutes; Consumer confidence; Car sales Reserve Bank Board had to be persuaded: “Members discussed the merits of adjusting policy at this meeting or awaiting further information before

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Petrol price updrift; Air passenger numbers lift

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Weekly petrol prices; Air traffic data Retail petrol: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by 3.9 cents per litre to

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Personal loans drive lift in lending

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Lending Finance Lending: Total new loans (personal, business, housing & lease) rose by 0.7 per cent in March after a 3 per cent rise in February. Lending was just 3.9

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Weekly market update – week ending 7 May, 2016

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Investment markets and key developments over the past week Share markets had a messy week as the return of growth worries weighed on European, Japanese and US shares. Despite falls

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Aussies update wardrobes; Record trade deficit

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International trade; Retail sales Retail trade lifts: Sales rose by 0.4 per cent in March after a revised 0.1 per cent lift in February. In real (inflation-adjusted) terms, retail trade

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Healthy building; Confidence lifts

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Building Approvals; Consumer confidence; China PMI Dwelling approvals rose by 3.7 per cent in March to be down 6.5 per cent on a year ago. In trend terms, approvals rose

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