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Economics

Daily economic round-up

PETER BELL  |  FRIDAY, 20 OCT 2006
Just released ABS data on sales of new motor vehicles shows an increase in September in seasonally adjusted terms by 3.0 per cent over the August figure. However, sales are still 3 per cent below their level of a year ago.

Daily economic round-up

PETER BELL  |  THURSDAY, 19 OCT 2006
The US economy has received good news about the abatement of inflation with the release of consumer and producer price data showing that the consumer index fell by 0.5 per cent in September and that producer prices fell by 1.3 per cent largely as a result ...

Daily economic round-up

PETER BELL  |  WEDNESDAY, 18 OCT 2006
The recently released Dun & Bradstreet Business Expectations Survey showed that about a half of business executives expect prices to increase in the fourth quarter of this year and all sectors except wholesaling expect a negative growth in profits.

Daily economic round-up

AAP  |  TUESDAY, 17 OCT 2006
The Housing Industry Association has confirmed the patchy performance of the Australian property market, saying that over the last three years, when the equity market was booming, housing starts in New South Wales fell by 37 per cent although in Western ...

Daily economic round-up

PETER BELL  |  MONDAY, 16 OCT 2006
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 ...

Daily economic round-up

PETER BELL  |  FRIDAY, 13 OCT 2006
The release of monthly Australian Bureau of Statistics employment data yesterday revealed that in September about 31,400 jobs were added to the economy, taking the total to 271,000 over the last year.

Daily economic round-up

PETER BELL  |  THURSDAY, 12 OCT 2006
The possibility of an interest rate rise at the next meeting of the RBA increased last night when the governor, Dr Glenn Stevens, mentioned that the September quarter CPI figure due on 25 October would be a linch pin in the decision.

Daily economic round-up

ALFRED SINN  |  WEDNESDAY, 11 OCT 2006
Financial markets across the world have held up reasonably well despite North Korea's nuclear tests that sent shockwaves across global financial markets on Monday. Most markets recovered by Tuesday and the US Dow Jones Industrial Index reached its record ...

Daily economic round-up

PETER BELL  |  TUESDAY, 10 OCT 2006
The ANZ job advertisement series has shown that the total number of jobs in major metropolitan newspapers as well as the internet has risen by 0.3 per cent in September following the fall of 1.3 per cent in August of this year. The present level is still ...

Daily economic round-up

PETER BELL  |  MONDAY, 9 OCT 2006
The National Australia Bank monthly survey of business confidence has found that business conditions fell by 12 points and the overall NAB index fell by six points in September to a score of two. NAB said that expectations are for a weaker December quarter ...