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Business News

One more cut - 22 May 2013

You could have been excused for thinking that there was unlikely to be anything significantly new in the minutes of the last Reserve Bank... read more >

Petrol price set to spike - 20 May 2013

Weekly petrol price: According to the Australian Institute of Petroleum, the national average Australian price of unleaded petrol fell by 1.5... read more >

2013-14 Federal Budget Tax changes - 17 May 2013

This article contains a summary of the key domestic and international tax changes announced in the 2013-14 Budget that impact on businesses,... read more >

Ghost town: what’s happened to Oxford Street Sydney? - 17 May 2013

One of Sydney’s best-known retail strips has seen its rents brutally chopped in half in just a few years. Almost no one is admitting... read more >

How will the Budget affect mining? - 16 May 2013

The excuse of Treasurer Swan of a once in 50 years event on his estimates, upon which he built his spending programs, does not hold water when... read more >

Record car sales; Wage growth near 3-year low - 16 May 2013

Wages rose by 0.7 per cent in the March quarter, in line with expectations. Annual growth of wages eased from 3.4 per cent to 3.2 per cent... read more >

Double whammy to hit motorists - 13 May 2013

Weekly petrol price Weekly petrol price: According to the Australian Institute of Petroleum, the national average Australian price of unleaded... read more >

How will the Federal Budget impact the mining industry? - 13 May 2013

Presentations and private conversations with some of the heavy hitter economists at the recent Minerals Council Tax Conference in Brisbane... read more >

How will the Federal Budget impact the mining industry? - 13 May 2013

Presentations and private conversations with some of the heavy hitter economists at the recent Minerals Council Tax Conference in Brisbane... read more >

How high can we fly? - 10 May 2013

A new month is in full swing and the markets continue to rise, much to the surprise of investors who believed there would be the proverbial... read more >

Volatile jobs data muddies the water - 09 May 2013

Employment: Employment rose by 50,100 in April after falling by 31,200 jobs in March (previously reported as a 36,100 fall in jobs).... read more >

Firmer Chinese activity drives trade surplus - 08 May 2013

Chinese trade data Stronger Chinese trade data. China reported a healthy trade surplus in April. Exports and imports both printed above... read more >

Too little too late! RBA cuts rates by 25 points to 2.75% - 07 May 2013

This move to historically low official rate settings was urgently needed, due to the RBA having reduced the domestic economy to a crawl via... read more >

RBA cuts cash rate to 2.75% - 07 May 2013

Statement by Glenn Steves, Governor: Monetary Policy Decision At its meeting today, the Board decided to lower the cash rate by 25 basis... read more >

Subdued business inflation paves way for a rate cut - 03 May 2013

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

An IMF view of the Australian budget - 26 April 2013

Cuts in the budget deficit mean interest rates have to fall further. In recent days Olivier Blanchard and his team at the International... read more >

Inflation dragon in chains - 24 April 2013

Inflation under control: The Consumer Price Index – the main measure of inflation in Australia – rose by 0.4 per cent in the March... read more >

State of the states - 22 April 2013

State & territory economic performance report How are Australia’s states and territories performing? Each quarter CommSec attempts... read more >

China: Trade deficit on rising imports
 - 12 April 2013

Chinese trade data Weaker Chinese trade data. China surprisingly reported a trade deficit in March as the growth in imports outpaced exports.... read more >

Unemployment rate lifts to 3½-year high - 11 April 2013

Employment zigs and zags: Employment fell by 36,200 in March after lifting by 74,000 jobs in February (previously reported as up 71,500).... read more >

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