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Economics

Prices rise 0.1% in February: survey

AAP  |  MONDAY, 1 MAR 2004
Australian consumer prices rose slightly in February but the overall trend confirms a trajectory to lower inflation, a monthly survey showed.

AAG releases annual review of agri stocks

The Australian Agribusiness Group (AAG) has released its annual review of listed agricultural equities as part of its Agri-Index study.

Internet job adverts at three-year high

AAP  |  MONDAY, 1 MAR 2004
The number of internet job ads in Australia is now at its highest level in almost three years, despite the effects of recent interest rate rises and the high Australian dollar.

World economy seems to be recovering: RBA

WITH AAP  |  FRIDAY, 27 FEB 2004
The world economy does seem to be recovering after three years of underperformance in the early part of this decade, according to the Reserve Bank of Australia assistant governor (economic) Malcolm Edey.

Average weekly earnings up 1.8%: ABS

AAP  |  THURSDAY, 26 FEB 2004
Average weekly earnings climbed 1.8 % in the November quarter, the Australian Bureau of Statistics said today.

Victorian government lifts mortgage tax

AAP  |  THURSDAY, 26 FEB 2004
The Victorian government will lift mortgage stamp duty for first home buyers while retaining the heftier tax levied on property purchase prices.

Costello unveils changes to retirement incomes

AAP  |  WEDNESDAY, 25 FEB 2004
Treasurer Peter Costello today unveiled plans to keep older people in the workforce longer and encourage retirees to take their superannuation savings as a pension rather than a lump sum.

Wage costs up 1% in December quarter: ABS

AAP  |  WEDNESDAY, 25 FEB 2004
Wage costs climbed 1% in the December quarter, the Australian Bureau of Statistics said today.

Construction up 4.9% in December quarter: ABS

AAP  |  WEDNESDAY, 25 FEB 2004
The building sector is continuing to grow with the value of construction work up 4.9% in the December quarter, official figures released today show.

RBA to look to wages data for inflation outlook

AAP  |  WEDNESDAY, 25 FEB 2004
Figures out today will give the Reserve Bank of Australia an indication if it needs to tackle potential wages inflation when it meets on interest rates next month.