Business outlook improves; Petrol set to rise

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NAB Business Survey; Weekly Petrol Petrol prices drop: According to the Australian Institute of Petroleum, the national average Australian price of petrol fell by 4.0 cents per litre to 151.3

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Weekly market & economic update – week ending 13 September

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Key events of the past week and implications Global share markets pushed higher over the last week helped by mostly good economic news, notably this time from China, and the

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Home loans soar but business confidence still gloomy

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The number of new owner-occupier housing loans rose by 5.2 per cent in March, the strongest rise in four years. But the share of loans taken up by first home

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Businesses cautiously optimistic

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The NAB business confidence index improved from minus 8.8 points to +2.9 points in December – the best result since July 2012. The business conditions index improved from minus 6.0

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Business confidence slides to a ten-month low

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The NAB business confidence index fell from -2.2 to – 2.7 in June – a ten-month low. Business conditions improved from a 3-year low, up from -3.9 to -1. The

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Record deflation prompts Aussies to spend

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Retail spending rose by 0.9 per cent in March – the strongest gain in 11 months. After adjusting for inflation, retail trade rose by 1.8 per cent in the March

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Beer consumption hits 65-year low

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Beer consumption has hit a 65-year low. The apparent consumption of alcohol consumed as beer fell from 4.45 litres to 4.23 litres per person, in 2010/11- the lowest result since

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Discouraging outlook for business as more Aussies head overseas

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Business confidence improves…the NAB business confidence index improved from minus 1.2 to +1.8 in October in response. Business conditions fell from +2.3 to minus 0.8 in October. The survey of

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Business conditions near two year lows

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NAB Business Survey; Migration & Tourism The NAB business confidence index rose from -2.7 to +4.0 in January. The business conditions index slumped from +5.8 in December to -5.8 in

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Floods take toll on corporate Australia

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NAB Business Survey; PMI The NAB business confidence index fell from +6.2 to -2.7 in December – the weakest reading in 20 months. The business conditions index rose from +3.7

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