All Articles tagged with 'Australian economy'

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Lending disappoints

From Craig James - Commsec

Private sector credit (lending) rose by 0.2 per cent in August after rising by a similar amount in July – and matching the weakest monthly growth in seven months. Annual

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01 Oct 2012

Budget on track despite record monthly shortfall

From Craig James - Commsec

The federal budget was in deficit by $43.7 billion in 2011/12 or 3.0 per cent of GDP. At the time of the May 2012 budget the government projected a deficit

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25 Sep 2012

Weekly economic & market update

From Shane Oliver - AMP chief economist

Global monetary easing continued over the past week with the Reserve Bank of India cutting banks’ required cash ratios and the Bank of Japan increasing the size of its quantitative

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24 Sep 2012

Tough trading times for business

From Craig James - Commsec

There was a further easing in economy-wide spending in August after temporary stimulus boosted spending in May and June. After sliding 5.4 per cent in seasonally adjusted terms in July,

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21 Sep 2012

RBA “no change” decision more finely balanced

From Craig James - Commsec

The latest Reserve Bank Board minutes confirms that the decision to leave rates on hold in September was more finely balanced than in prior months, due to the “significant downside

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19 Sep 2012

Biggest fall in credit card debt in 18 years

From Craig James - Commsec

The average credit card balance fell by $69 (2.0 per cent) to $3,299.10 in July. It was the biggest fall in credit card debt for a July month on record

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14 Sep 2012

Oliver’s Insights: The going gets tougher for the lucky country

From Shane Oliver - AMP chief economist

Australian economic growth was solid at 3.7% over the year to the June quarter. However, the best has been seen with growth set to slow below 3% over the year

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10 Sep 2012

More people give up search for work

From Craig James - Commsec

The unemployment rate eased from 5.2 per cent to 5.1 per cent in August. The participation rate eased from 65.2 per cent to a near 6-year low of 65.0 per

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07 Sep 2012

Weekly economic & market update

From Shane Oliver - AMP chief economist

Share markets fell further over the past week on the back of global growth worries and in nervous trade ahead of Fed Chairman Ben Bernanke’s address in Jackson Hole, before

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03 Sep 2012

Weakest lift in investment plans in 19 years

From Craig James - Commsec

New business investment rose by 3.4 per cent in the June quarter, in line with forecasts. Spending on buildings rose by 4.8 per cent in the quarter while spending on

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31 Aug 2012

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CPD: The Two-Chapter retirement – a framework for understanding retiree psychology
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