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Economics

Retail sales edge higher by 1.1% during September

Retail sales across Australia has increased by 1.1 per cent during September, reflecting a continued strong consumer spending for the month according toe the financial services group Cashcard Australia's Retail Activity Index (RAI).

Inflation at low end of RBA target

AAP  |  MONDAY, 6 OCT 2003
Inflation in Australia remained well under control in September and will cause the nation's central bankers no headaches when they meet this week to discuss interest rates.

Inflation at low end of RBA target

AAP  |  FRIDAY, 3 OCT 2003
Inflation in Australia remained well under control in September and will cause the nation's central bankers no headaches when they meet next week to discuss interest rates.

Kiwi industry profits up 42 per cent

AAP  |  FRIDAY, 3 OCT 2003
New Zealand was a more profitable place to do business last year, with the pre-tax surplus for all industries rising 42 percent to $42.4 billion.

Experimental Inflation Gauge shows price increases

AAP  |  FRIDAY, 3 OCT 2003
Prices of consumer goods and services in Australia rose by an average of 0.2 per cent between August and September, a report found.

Petroulias to stand trail after appear decision

AAP  |  FRIDAY, 3 OCT 2003
Former assistant tax commissioner Nick Petroulias will stand trial for allegedly defrauding the Commonwealth.

EU asks WTO to intervene in Australian quarantine dispute

AAP  |  FRIDAY, 3 OCT 2003
The European Union formally asked the World Trade Organisation today to set up a panel of experts to rule on its simmering trade dispute with Australia on quarantine measures restricting imports of food products.

Manufacturing business conditions mixed in September: survey

AAP  |  WEDNESDAY, 1 OCT 2003
Business conditions in Australia's manufacturing sector were mixed in September and production growth little changed as employment fell, a survey found.

Higher budget surplus has little economic implications: HSBC economist

AAP  |  TUESDAY, 30 SEP 2003
A better than expected budget surplus was not necessarily an indication that the economy was performing stronger than expected, according to economists.

August retail sales up 1.0%, dwelling approvals down 2.4%: ABS

Australian consumer spending growth remains buoyant, with the Australian Bureau of Statistics (ABS) today reporting retail turnover rose a further 1.0% in August.