Business investment going gangbusters

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Business investment soared in the September quarter. New business investment in buildings or equipment rose by 12.3 per cent in the September quarter – the biggest quarterly gain in 15 years.

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European debt crisis 101

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The on-going saga that is the European debt crisis has sent investors heads spinning. With all the focus on debts and deficits, many investors rightly want to know what that

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RBA focus to shift rates to ‘normal’

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Downside risks to global economy prompted Reserve Bank to cut interest rates: Minutes of the last Reserve Bank Board meeting confirm that policymakers were concerned about the strength of the

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CommSec Research: lending slumps, petrol slides

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Mixed signals as lending slumps and petrol prices fall, with further falls likely. What does it all mean? The national average petrol price has slumped by just shy of five

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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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CommSec: Downbeat RBA slashes growth forecasts

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The RBA has warned that risks are weighted to the downside. Annual GDP growth forecasts in June 2012 have been cut from 4.5 per cent to 4.0 per cent. Underlying

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CommSec: Australia’s wealth grows at record pace

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The Bureau of Statistics has released detailed estimates on the economy’s performance in 2010/11. The net worth (wealth) of Australia – total assets less liabilities – stood at $8,089.9 billion

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First interest rate cut in 31 months

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The Reserve Bank Board has cut the cash rate for the first time in 31 months. The cash rate was trimmed by 25 basis points (quarter of a percent) to

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CommSec Research: Australia’s wealth grows at a record pace

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The Bureau of Statistics has released detailed estimates on the economy’s performance in 2010/11. The net worth (wealth) of Australia – total assets less liabilities – stood at $8,089.9 billion

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CommSec: State & territory performance report

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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 done; population

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