Retail Trade – February 2014

From

Retail trade rose by 0.2% in February following a spike of 1.2% in January. Annual growth slowed to a still respectable 4.9%. The February result was driven by a lift

continue reading

State of the States

From

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;

continue reading

Retail spending: The 2012 wrap

From

Over 2012 as a whole, Australians spent $256.1 billion at retail outlets. Spending was up 3.1 per cent over 2011 – the strongest calendar-year growth in three years. The 3.1

continue reading

Monthly household fuel bill hits $200

From

Weekly Petrol Price; Imports According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol rose by 0.5 cents per litre to 143.2 cents a litre

continue reading

Consumers start spending again

From

CBA Business Spending index In line with anecdotal evidence, consumer spending strengthened in February. The Commonwealth Bank Business Sales Indicator (BSI) rose by 0.5 per cent in trend terms in

continue reading

Biggest fall in jobs in 18 months

From

Labour force Employment fell by 10,100 people in February – the biggest decline in 18 months (since August 2009). Economists had tipped job gains of 20,000 (range from -10,000 to

continue reading

Smaller retailers hit by consumer strike

From

Retail trade; Performance of Manufacturing; BOP Retail spending grew by 0.4 per cent in January – in line with the Commonwealth Bank Business Sales Indicator which was released two weeks

continue reading

Investor Signposts: Week Beginning February 20 2011

From

The big picture One of the biggest issues at present is the conservatism of Aussie consumers. Australians are saving again, rather than spending. And rather than buying goods on credit

continue reading

Frugal shoppers stay home with a good book

From

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.

continue reading

Investor Signposts: Week Beginning January 30 2011

From

The big picture With the first Reserve Bank Board meeting for 2011 scheduled for next Tuesday, it’s opportune to do a stock take of our current economic fortunes. First there

continue reading