Inflation lifts rate cuts of the agenda

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Consumer price index Inflation lifts: The Consumer Price Index – the main measure of inflation in Australia – rose by 0.8 per cent in the December quarter, above expectations for a

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State of the States – January 2014

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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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2013 – Weakest job creation in 17 years

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Labour force Jobs down: Employment fell by 22,600 in December after a revised 10,500 gain in jobs in November (previously reported as a 21,000 increase in jobs). Full-time jobs fell by

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Record increase in petrol price

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Weekly petrol prices; Job advertisements; Chinese trade & inflation data Petrol prices lift: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by

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Australia 2101: 70 million people?

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Economic and financial market developments New population projections: The Bureau of Statistics believes Australia’s population could reach 70 million people in 2101. Five years ago, the ABS estimated that the

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Credit/debit card fees at record lows

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Credit & debit cards Record fall in credit card debt. The average credit card balance fell by 2.7 per cent in smoothed terms in the year to September, the biggest

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Solid spending but inflation contained

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Retail trade; Inflation gauge; Job ads Retail spending up: Retail trade rose by 0.8 per cent in September, well above market forecasts. Adjusting for inflation, retail trade rose by 0.7 per

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New home sales hit 27-month high

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New home sales Home sales lift: New home sales rose by 6.4 per cent in September. The number of sales stand at a 27-month high. The lift in sales is the

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Spending slowdown: Pause for breath?

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Commonwealth Bank Business Sales Index Economy-wide spending eased slightly in September after 13 months of gains. In trend terms the Commonwealth Bank Business Sales Indicator (BSI), fell by 0.1 per

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State of the States

From

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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