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| | | Australia's credit growth continued its steady rise in December with the Reserve Bank of Australia's (RBA) recent interest rate hikes seemingly doing little to reduce the demand for credit. Private sector credit rose by 1.2% in December, seasonally ... |
| | | | More than 100,000 Australians have abandoned plans to invest in property this year, according to research by Wizard Home Loans. The non-bank lender said research it commissioned found the number of Australians who planned to invest over the next 12 ... |
| | | | Listed property trust General Property Trust said today it expects to experience strong growth in retail and industrial income and an improvement in office and tourism markets in 2004. GPT said net profit for the 12 months to December 31, 2003 was up ... |
| | | | Investment company IncomePlus said volatility in gold and financial markets had helped raise its earnings in the half year to the end of December 2003. In its maiden profit report as a listed company IncomePlus booked a net profit of $2.65 million in ... |
| | | | Inflation dropped slightly to 2.4% in the year to December despite strong rises in the prices of food and holidays. The Australian Bureau of Statistics said prices rose 0.5% in the three months to December, giving an annual inflation rate of 2.4%, down ... |
| | | | New figures today are expected to show an easing in inflation, providing one less trigger for the Reserve Bank to raise interest rates again. However, the expected easing of December quarter inflation, giving a predicted annual inflation rate of 2.4% ... |
| | | | Australia's producer price index (PPI) at the final stage of production rose 0.1% in the December quarter for an annual rise of 1%, the Australian Bureau of Statistics said. This compares with a rise of 0.5% in the September quarter. In the quarter ... |
| | | | The Australian economy finished the year on a strong note, with business conditions strengthening to near record levels, the National Australia Bank (NAB) said today. According to NAB's December quarter business survey, the broader economy continued ... |
| | | | The Reserve Bank of Australia board had to take into consideration the strong dollar and its impact on exporters when it next meets, Trade Minister Mark Vaile said. Mr Vaile said a further rise in interest rates would only strengthen the Australian ... |
| | | | New lending figures today pointed to a further slowing of the Australian economy, with a sizeable drop in commerce finance in November. ABS figures found commercial finance lending down 18.30%, seasonally adjusted, in November following a large rise ... |
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