Petrol price falls below $1.50 a litre

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Weekly petrol prices Petrol price fall: According to the Australian Institute of Petroleum, the national average Australian price of petrol fell by 0.7 cents per litre to 149.5 cents a

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Record run for construction lending

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Housing finance The number of new owner-occupier housing loans fell by 0.9 per cent in March. The number of loans by owner-occupiers for the construction of homes rose by 2.1 per cent

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Strongest jobs growth in six years

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Labour force Jobs rise again: Employment rose by 14,200 in April after a revised 14,200 lift in jobs in March (previously reported as an 18,100 increase in jobs). Full-time jobs rose

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Exports to China soar to a record $100 billion

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International Trade Healthy trade surplus: Australia’s trade accounts narrowed from a revised trade surplus of $1,257 million (previously $1,200 million) to a surplus of $731 million in March. Exports to China

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Building approvals consolidate; Petrol price to ease

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Dwelling approvals; TD Inflation Gauge; New Car Sales; Weekly petrol prices Dwelling approvals consolidate: Dwelling approvals fell by 3.5 per cent in March. Approvals are still up 20 per cent over

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The Road to the Federal Budget

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Economic & Financial market analysis Federal Budget: The Federal Budget will be handed down on May 13. This note looks at the current state of the economy ahead of the handing

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State of the States

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State & territory economic performance report 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;

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Tame inflation result soothes RBA nerves

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Consumer Price Index Tame inflation: The Consumer Price Index – the main measure of inflation in Australia – rose by 0.6 per cent in the March quarter, below expectations for a

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Petrol prices head higher; Record bank shares

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Weekly petrol prices; Sharemarket trends Petrol prices lift: According to the Australian Institute of Petroleum, the national average Australian price of petrol rose by 6.3 cents per litre to 155.4

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Another positive month for economy-wide sales

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Commonwealth Bank Business Sales Index Economy-wide spending expanded for the 19th consecutive month in March according to a new survey. The Commonwealth Bank Business Sales Indicator (BSI) – a measure of

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