Nyko Property says foreign investors critical to wellbeing of property construction markets

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9.1% of all Australians rely on construction for employment Foreign investors play a critical role in the Australian residential property market, with the current guidelines to investing providing the right

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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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Construction jobs plunge; Airfares on rise

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Quarterly Labour force data; Over the three months to February, employment across Australia grew by just 0.1 per cent or 16,200 – marking the slowest pace of jobs growth in

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Petrol at 29-month highs and rising

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Weekly Petrol; Job Ads; Performance of Construction According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by 2.9 cents per litre to 139.2

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Building slumps; but renovations in vogue

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Construction work done Construction work done rose by 0.8 per cent in the December quarter, due solely to higher engineering activity. Residential building fell by 1.1 per cent in the

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Frugal shoppers stay home with a good book

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Retail trade; Job advertisements; Performance of Construction Weak consumer spending. Retail spending grew by just 0.2 per cent in December, below expectations centred on a rise of 0.5 per cent.

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State of the States

From

State & territory economic performance report How are Australia’s states and territories performing? CommSec has attempted to find out by analysing eight key indicators: economic growth; retail spending; equipment investment;

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Tame inflation; Petrol pain ahead

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Weekly Petrol Price, Inflation gauge; Lending finance; New car sales Motorists need to prepare for higher petrol prices. The terminal gate or wholesale price of petrol leapt by over 2

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Weak home lending reinforces need for rate pause

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Housing finance Lending to build new homes was flat in October. A key leading indicator for home construction barely moved in October – ahead of the November rate hike. Loans

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Bumper crop despite floods; Construction slumps

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ABARE Crop Report; Performance of Construction The Government’s commodity forecaster has lifted its crop forecasts. ABARES has lifted its forecast for the 2010/11 winter crop by 6.2 per cent. Despite

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