Petrol hits 25-month high; Consumers slash debt

From

Credit/debit cards; Weekly petrol; Lending finance Petrol prices to lift further. The terminal gate or wholesale price of petrol rose by another 3 cents a litre last week to 25-month

continue reading

Petrol pain ahead; Tame inflation; Job ads slow

From

Weekly Petrol Price, Inflation gauge; Job Advertisements Motorists need to prepare for higher petrol prices. The terminal gate or wholesale price of petrol leapt by over 3 cents a litre

continue reading

Record economic expansion moves into 20th year

From

National accounts The current economic expansion began in the September quarter of 1991. The 19th year of the expansion was completed in the June quarter 2010 and the 20th year

continue reading

Profits and sales slide as businesses temper activity

From

Business indicators; New Home Sales; Petrol price Company profits fell by 1.5 per cent in the December quarter, led by the construction sector. Excluding mining, profits fell by a much

continue reading

Weaker Aussie drives petrol to three month highs

From

Petrol price According to the Australian Institute of Petroleum the national average retail pump price rose 0.5 cents a litre last week to 124.3 cents a litre – a three

continue reading

Stronger Aussie dollar outpaced by gains in oil price

From

Job advertisements; Petrol price Petrol prices are set to rise – but modestly. The rally in the Australian dollar has been outpaced by gains in regional oil prices. According to

continue reading

Tame inflation; Manufacturing orders sink

From

Inflation gauge; Weekly Petrol Price, PMI, House Price Index The TD Securities-Melbourne Institute monthly inflation gauge rose by 0.3 per cent in October after lifting 0.1 per cent in September,

continue reading

Business inflation narrowly based

From

Producer price index; Weekly petrol price The broad measure of business inflation – the producer price index (PPI) – rose by 1.3 per cent in the September quarter, well ahead

continue reading

Healthy trade; petrol prices to creep higher

From

International trade; Job advertisements; Petrol price The trade surplus widened in August. The trade surplus rose by $603 million to $2,346 million. Exports fell by 2.4 per cent while imports

continue reading

Good inflation data to cheer Reserve Bank

From

Inflation gauge The TD Securities-Melbourne Institute monthly inflation gauge rose by just 0.05 per cent in September – the lowest increase in 11 months – after lifting 0.2 per cent

continue reading