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Showing 81 - 90 of 143 results for "Economic Wrap"

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 15 JUL 2016
Australian employment The number of Australians who found jobs in June may have been less than market expectations - up 7,900 versus consensus forecast for a 10,000 increase - but the underlying details of the report provided positive underpinnings ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 14 JUL 2016
Australia consumer confidence Conducted from 4 July to 7 July - after 'Brexit' and amidst the then still inconclusive Australian Federal elections - it's not surprising that Australian consumer sentiment declined in July, what was surprising was that ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 13 JUL 2016
Australia business confidence Taken "right amidst the heightened uncertainty around the Brexit referendum, and ahead of the Australian Federal election," the National Australia Bank's (NAB) business survey showed business confidence rose to a higher ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 12 JUL 2016
Australia housing finance The Australian Bureau of Statistics (ABS) reported that the total value of dwelling finance commitments increased by 1.0% in the month of May as a 3.9% jump in "investment housing" more than offset the 0.6% fall in lending"owner ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 7 JUL 2016
AiG performance of construction index The Australian Industry Group's (AiG) performance of construction index jumped to 53.20 in June from 46.7 in the previous month. The index's rise to a 10-momth high was driven by a rebound to expansion territory ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 6 JUL 2016
RBA on hold As widely expected, the Reserve Bank of Australia (RBA) left the official cash rate unchanged at a record low 1.75% following its 5 July meeting. The RBA statement revealed that the Australian central bank sees continued growth in the global ...

Economic Wrap

BENJAMIN ONG  |  TUESDAY, 5 JUL 2016
Australian dwelling approvals The Australian Bureau of Statistics (ABS) released figures showing that total dwelling units approved dropped by 5.2% in the month of May, worse than market expectations for a 3.3% fall and more than reversing April's 3.3% ...

Economic Wrap

BENJAMIN ONG  |  FRIDAY, 1 JUL 2016
Australia private sector credit The latest update on Australia's private sector credit provides a first look at the impact of the Reserve Bank of Australia's (RBA) cut in the official cash rate from 2.0% to 1.75% on the 3rd of May. Total private sector ...

Economic Wrap

BENJAMIN ONG  |  THURSDAY, 30 JUN 2016
Australia new home sales The Housing Industry Association reported that sales of new homes fell by 4.4% to 7,278 units in the month of May following a 4.7% decline in the previous month. Sales of detached homes continued to contract - down by 6.7% in ...

Economic Wrap

BENJAMIN ONG  |  WEDNESDAY, 29 JUN 2016
US GDP The Bureau of Economic Analysis' (BEA) third estimate of the US economy showed that real GDP grew at an annualised rate of 1.1% in the first quarter of this year. This is higher than market expectations for a 1.0% growth and an upgrade from the ...