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Business News

Record vehicle sales; Confidence ticks higher
 - 16 January 2013

Consumer sentiment: The Westpac/Melbourne Institute index of consumer confidence rose modestly in January, up 0.6 per cent to 100.6.... read more >

CBA cards data – Lacklustre Christmas spending - 16 January 2013

Commonwealth Bank Equity Research Analysts have analysed CBA’s internal credit card data week-by-week, pre and post-Christmas, to gain... read more >

Petrol price surge; Record tourist arrivals
 - 14 January 2013

Petrol price hike: According to the Australian Institute of Petroleum the national average retail petrol price rose by 6.3 cents to 144.9... read more >

Household wealth levels near 5-year high; 
Superfund cash holdings at a record high - 20 December 2012

Wealthier: Net household financial wealth per capita rose from $65,887 to $69,442 in the September quarter. Wealth is up 18.4 per cent over... read more >

Spending lifts in the lead-up to Christmas - 20 December 2012

Economy-wide spending rebounded in November, extending the volatility seen over the past six months. According to the Commonwealth Bank... read more >

RBA: Softening employment justifies rate cut - 18 December 2012

The latest Reserve Bank Board minutes suggests that the decision to cut interest rates in December was largely due to the softening in labour... read more >

Petrol price to ease in the lead up to Christmas - 17 December 2012

Fuel prices set to ease: According to the Australian Institute of Petroleum, the national average retail petrol price fell by 0.2 cents to... read more >

Funding pressures ease – can banks cut mortgage rates? - 14 December 2012

Further signs that funding pressures are easing has been confirmed by a strong finish to the year in the securitisation market. Non bank... read more >

Resilient job market - 07 December 2012

Employment gains: Employment rose by 13,900 in November after a revised gain of 10,100 jobs in October (previously +10,700). Economists had... read more >

Weak lending adds weight to rate cut case - 30 November 2012

Private sector credit (lending) rose by just 0.1 per cent in October after rising by 0.3 per cent in September. Annual credit growth eased... read more >

Construction activity at record highs
 - 29 November 2012

Construction strengthens: Construction work rose by 1.7 per cent in the September quarter to record highs, due to higher engineering activity.... read more >

Petrol up, but marked differences across cities - 27 November 2012

Petrol price rebounds: According to the Australian Institute of Petroleum the national average retail petrol price rose by 2.8 cents to 142.7... read more >

RBA considers further rate cuts - 20 November 2012

The latest Reserve Bank Board minutes suggests that the decision to leave interest rates on hold in November was finely balanced as higher... read more >

Have interest rates bottomed? - 09 November 2012

The Reserve Bank has retired to the interest rate sidelines to assess the impact of the three rate cuts over 2012: “there are signs that... read more >

Interest rates - End game or strategic pause? - 07 November 2012

The Reserve Bank Board left the official cash rate at 3.25 per cent. The Bank basically indicated that it wanted to assess the impact of... read more >

Aussie shares close higher despite flat rates - 06 November 2012

The Australian share market has closed higher after the Reserve Bank of Australia left the official interest rate on hold. At the close on... read more >

RBA leaves cash rate on hold - 06 November 2012

The Reserve Bank of Australia (RBA) has left its interest rate on hold at 3.25 per cent at its November board meeting. It follows a quarter of... read more >

Tame inflation read leaves rate cut on the table - 02 November 2012

The broad measure of business inflation – the producer price index (PPI), or final stage prices, – rose by 0.6 per cent in the... read more >

Home prices ease; Manufacturing exports slump - 02 November 2012

Home prices ease: The RP Data – Rismark Home Value Index reported that capital city home prices fell by 1.0 per cent in October after a... read more >

Inflation surprise yet rate cut still likely - 25 October 2012

Inflation surprise: The Consumer Price Index – the main measure of inflation in Australia – rose by 1.4 per cent in the September... read more >

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