The implications of the floods for Australia

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Key points Like the fires of two years ago the floods have wrought terrible tragedy in terms of loss of life and disruption to people’s lives. Beyond the human suffering

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Young workers miss out in job stakes

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Latest economic news There were fewer young Australians with jobs at the end of 2010 than a year earlier. Employment for those aged between 15-19 years actually fell by 6,100

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Significant uncertainty ahead for investors after Queensland floods

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Insurance, transport and retail worst sectors hit The Australian insurance sector is one of a number of sectors that faces a significantly uncertain outlook following the devastating Queensland floods, according

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Floods disaster dents confidence

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Consumer sentiment The Westpac/Melbourne Institute index of consumer confidence fell sharply in the latest month as the flood disaster in Queensland impacted sentiment. The index fell by 5.7 per cent

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Floods: Weighing up the costs

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Economic impact of floods The east coast floods were caused by the La Niña weather event. La Niña will continue until at least March. El Niño and La Niña are

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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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Discount airfares hit record lows

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Index of Airfares All airfares except discount fares rose in January. Domestic airfares generally rose in January with business fares up 2.9 per cent, full economy fares up 1.1 per

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Employment slows: A case of lies, damned lies and statistics?

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Labour force Employment rose by just 2,300 people in December, well below forecasts centred on job gains of around 25,000 (range from +10,000 to +40,000 jobs). The November result was

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Investor Signposts: Week Beginning January 16 2011

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The big picture Humans like to think that they control most things. Then along comes a natural disaster like a flood and it reinforces the fact that there are many

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Asian institutional demand for alternatives will accelerate in 2011 with corporate governance top priority in choice of manager, says BNY Mellon

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Robust outlook for Asian hedge funds in 2011 driven by accelerating institutional demand Low interest rate environment fuelling demand for alternatives in emerging markets, particularly Asia, with institutions drawn to

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