ASIC: corporate insolvencies on the rise

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Official figures released by ASIC today reveal corporate insolvencies have risen 4.4% in the 2010-11 financial year to date. ASIC’s Senior Executive Leader of the Insolvency Practitioners team, Adrian Brown,

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Trade surplus hits seven month high

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International trade; Performance of Services Australia’s trade surplus widened by $716 million to $2,333 million in May – a seven month high. Exports rose 3.2 per cent with imports up

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Reserve Bank discovers its dovish side

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Reserve Bank Board meeting The Reserve Bank Board has left the cash rate at 4.75 per cent for the eighth straight month (covering seven formal meetings). The next meeting is

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Investor Signposts: Week Beginning July 3 2011

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Upcoming economic and financial market events The big picture Our central view is that the US economy is undergoing a mid-cycle pause and that growth will start to lift again

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CommSec: Population growth hits 5-year low and cash is now king

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Demographic data; Financial Accounts Australia’s population grew by 69,703 people over the December quarter to 22,477,378. Annual population growth slowed from 1.57 per cent to 1.47 per cent – the

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RBA confirms that it is ‘wait and see’ mode

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In a speech by RBA Assistant Governor (Economic) Philip Lowe entitled “Inflation: The Recent Past and the Future”, Mr Lowe has reiterated that the RBA believes underlying inflation will lift

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Weekly market & economic update

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Headline developments of the past week The past week has seen some good news on the Greek debt front with the Greek Government surviving a parliamentary confidence vote, the EU

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East or West – Where to Invest?

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The two biggest economies in the world could hardly look more different at the moment. One is doing all it can to stimulate growth, while the other is trying to

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CommSec: Improved conditions for retailers

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CBA Business Spending Index There appears light in the tunnel for retailers. A key measure of economy-wide spending is now edging slightly higher after contracting for most of the past

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CommSec: Petrol set to fall as global oil price slides

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Weekly petrol prices According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by 1.1 cents per litre to 140.2 cents a litre in

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