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Economics

Weekly economic round-up

Last week's Australian economic data releases were mainly second-tier but nonetheless gave further evidence that domestic monetary policy will remain on hold in the near term.

Daily economic update

Australia's terms of trade continue to improve in the December quarter as the increase in the price of our exports outpaces the growth in import prices.

Daily economic update

The Australian Bureau of Statistics (ABS) today released lending finance figures for November. The figures showed commercial and lease finance commitments rising during the month while personal borrowing fell.

Daily economic update

The Westpac/Melbourne Institute leading index of economic activity rose by 1.3 points (0.6 per cent) to 234.2 in November, from 232.90 in the previous month, suggesting continued reasonable growth in the Australian economy in the next three to nine months.

Daily economic update

The slowdown in the Australian property market continues. According to figures released today by the ABS, the total value of dwelling finance commitments, excluding alterations and additions, fell by 0.4 per cent in November.

Weekly economic round-up

The Australian dollar's link to commodity prices remains intact. The local currency closed last week's trading at US75.55¢ - its highest level in a month on the back of the continued rally in commodity prices.

Investor confidence survey - business steady, investment strong

Business conditions remain steady into 2006 while investment is continuing to grow, according to an investor confidence survey.

Daily economic update

The Australian economy added 2,100 jobs in December, taking the total number of employed persons to 10.033 million, from 10.031 million in the previous month.

Daily Economic Update

Germany's Ifo business confidence index rose to 99.6 in December - the highest since August 2000 - from 97.8 in the previous month.

Market Wrap

AAP  |  MONDAY, 19 DEC 2005
The Australian share market is expected to open weaker as a soft lead from the US, combined with weaker precious metal and oil prices, are likely to outweigh firmer base metals.