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Economics

Daily economic round-up

BY PETER BELL | MONDAY, 16 OCT 2006 12:29PM

The US release of key retail sales data for September showed that while there was a 0.4 per cent fall in sales most of this was due to the 9.3 per cent reduction in petrol station sales due to falling fuel costs since July. Consequently, excluding fuel, retail spending increased by 0.6 per cent.

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Editor's Choice

Former chief financial officer at Rest returns in new role

VINNY VUCAGO | 11:16AM

Rest is welcoming back it's former chief financial officer as its inaugural chief commercial officer.

Macquarie chair provides 'cautious' outlook at AGM

ELIZA BAVIN | 12:36PM

Macquarie Group has provided its first quarter update at its AGM, with outgoing chief executive Shemara Wikramanayake describing trading conditions as "satisfactory".

GDG delivers 36% jump in FUM

RIDDHIMA TALWANI | 12:36PM

Generation Development Group has reported strong growth to the year ending June 30.

Aussie Olympian's brother sentenced over crypto scam

RIDDHIMA TALWANI | 12:30PM

The brother of Australian breakdancing Olympian 'Raygun' has been sentenced 12 months' imprisonment for his role in a global cryptocurrency scam.

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