Business News

Home sales slide in December - 01 February 2012

New home sales fell by 4.9 per cent in December and was holding just shy of the 11-year lows reached in September. Private sector detached... read more >

Manufacturing rebounds: Performance of Manufacturing index - 01 February 2012

Manufacturing has expanded for the second consecutive month. The Performance of Manufacturing index (PMI) rose by 1.4 points to 51.6 in... read more >

Rate cuts boost business confidence - 31 January 2012

Rate cuts support business confidence. The NAB business confidence index rose from +2.4 to +2.9 in December. Business conditions improved from... read more >

Could the pokies reform create more jobs? - 31 January 2012

The claims that poker machine reform will cost $5 billion are greatly exaggerated, says The Australia Institute. Following new analysis of the... read more >

Seasonal businesses blow hot and cold - 31 January 2012

Seasonal businesses rely on ‘normal’ weather conditions. In simple terms, in summer it needs to be hot and in winter in needs to... read more >

Rising Aussie dollar caps petrol price gains - 30 January 2012

According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 0.5 cents per litre to... read more >

Luxury car sales – light at the end of the tunnel? - 30 January 2012

An index on luxury cars has highlighted the conservative nature of Aussie consumers. The CommSec Luxury Car index fell by 8.2 per cent in... read more >

Regional jobs data: the winners and losers - 27 January 2012

The Hunter region of NSW had the lowest unemployment rate in the nation over 2011 averaging 2.3 per cent while the Far North of Queensland had... read more >

Lowest inflation reading in three years - 25 January 2012

No inflation: The Consumer Price Index – the main measure of inflation in Australia – was unchanged in the December quarter. It... read more >

Investing for the long haul: CommSec Mums and Dads index - 25 January 2012

Investors in commonly-held shares are still in front. Despite a raft of tumultuous events over the past 13 years, Mum and Dad shareholders are... read more >

Tame business inflation; Petrol price relief on hand - 23 January 2012

The broad measure of business inflation – the producer price index (PPI), or final stage prices – rose by 0.3 per cent in the... read more >

Car affordability at best levels in 35 years - 23 January 2012

Car affordability is the best in 35 years. New data reveals that car affordability is at the best levels since 1976. A person on the average... read more >

State of the States - State & territory economic performance report - 23 January 2012

How are Australia’s states and territories performing? Each quarter CommSec attempts to find out by analysing eight key indicators:... read more >

Spending recovery consolidates - 20 January 2012

The recovery in economy-wide spending continued into December. The Commonwealth Bank Business Sales Indicator (BSI) rose by 0.2 per cent in... read more >

Car prices fall to near decade lows - 20 January 2012

Prices of imported goods rose in the December quarter, driven by the depreciation in the Australian dollar. Import prices rose by 2.5 per cent... read more >

CBA Business Spending Index - 20 January 2012

The recovery in economy-wide spending continued into December. The Commonwealth Bank Business Sales Indicator (BSI) rose by 0.2 per cent in... read more >

Car price fall to near decade lows - 20 January 2012

Prices of imported goods rose in the December quarter, driven by the depreciation in the Australian dollar. Import prices rose by 2.5 per cent... read more >

Weakest job market in almost 20 years - 19 January 2012

Employment fell by 29,300 in December – the biggest decline in eight months. Economists had expected a 10,000 lift in jobs. It was the... read more >

What will it take to cheer up Aussie consumers? - 18 January 2012

Aussie consumers are still moderately pessimistic. The Westpac/Melbourne Institute index of consumer confidence rose by 2.4 per cent in... read more >

China successfully engineers ‘soft landing’ - 17 January 2012

Chinese economic data was generally firmer than expected. The Chinese economy grew at an 8.9 per cent annual rate in the December quarter... read more >

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