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Showing 81 - 90 of 127 results for "Economic Update"

Daily economic update

The Australian Bureau of Statistics (ABS) reports that its wage price index (WPI) excluding bonuses rose by a lower-than-expected 0.9 per cent in the December quarter, down from 1.1 per cent in the previous three-month period. The deceleration in the ...

Daily economic update

Australian Bureau of Statistics figures show that sales of new motor vehicles rose by 2.6 per cent to 83,728 units in January following a 0.8 per cent increase in December. High petrol prices continue to take their toll on sales of sports utility vehicles ...

Daily economic update

New US Fed Chairman Ben Bernanke delivered his first public testimony before the House Financial Services Committee last night. In it, he noted that despite challenges, the US economy is growing at a solid pace. Mr. Bernanke indicated that 'some' additional ...

Daily economic update

The Westpac/Melbourne Institute leading index of economic activity stood at 4.1 per cent in December. This is above its long-term level of 3.7 per cent indicating a favourable growth outlook for the domestic economy in the coming months. However, reflecting ...

Daily economic update

The Australian Bureau of Statistics (ABS) today released lending finance figures for December. While the report showed a statistical correction in the seasonally adjusted series - commercial and lease finance commitments fell during the month while ...

Daily economic update

Increasing optimism over the steady course of Australian monetary policy and improving affordability appears to be making positive inroads on the housing market. The Australian Bureau of Statistics (ABS) released data showing that the total value of ...

Daily economic update

Today's lower than expected increase in Australian employment gives credence to yesterday's decision by the Reserve Bank not to alter current monetary policy settings. The Australian labour market added a mere 1,800 jobs in January. Expectations were ...

Daily economic update

There was no surprise in the Reserve Bank of Australia's (RBA) decision to keep official interest rates unchanged at 5.5 per cent. Financial markets were certain that the RBA Board's first meeting for 2006 would not produce any movement in credit rates ...

Daily economic update

Today's updates on Australian business conditions and retail activity reinforce current market thinking for steady domestic interest rates in the near term. The National Australia Bank's (NAB) business conditions index fell to 11 in the fourth quarter ...

Daily Economic Update

Australian retail sales increased by 0.4 per cent in December, more than offsetting the 0.1 per cent fall in the previous month but is lower than market expectations for a 0.5 per cent rise. Year-on-year, retail sales increased by 4 per cent - the fastest ...