Record home loans; Better business conditions

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Housing finance; NAB Business survey Home loans lift: The number of new owner-occupier housing loans rose by 1.0 per cent in October, the ninth increase in the past 10 months. The

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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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RBA: Cautious optimism but in wait and see mode

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RBA Board minutes Reserve Bank Board minutes: Minutes of the November Board meeting confirm that the Reserve Bank is assessing developments before deciding the next move in interest rates. “it was

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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

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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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Up, up, up, up: Australian economy lifts

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Home Prices; Manufacturing gauge; Retail trade; New home sales Home prices up: The RP Data – Rismark Home Value index of capital city home prices rose by 1.6 per cent

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