Tag: Economic Trends
Property price gains expected to slow
Australians are expecting a slowdown from last year's breakneck property price growth to continue over the next 12 months.[MORE]
Horoscope beats economists in inflation forecasting
JK Galbraith said the purpose of economic forecasting is to make astrology look respectable. This week's inflation numbers bear out his maxim.[MORE]
Affordable suburbs lead house prices higher
House prices grew almost 2.5 per cent around the country in the June quarter, with the lower end of the market outperforming the top.[MORE]
Swan encouraged by lower inflation figures
Federal Treasurer Wayne Swan says he is heartened by the latest figures showing inflation was weaker than expected in the June quarter.[MORE]
'No rate hike' on soft inflation numbers
A soft inflation number has all but ruled out the chance of an interest rate hike next week.[MORE]
Consumer credit slide contrasts with inflation threat
As economists ponder today's inflation figures, a steep fall in consumer credit is showing the economy is far from full steam ahead.[MORE]
Mining business spends $3b in Mackay: survey
A survey of mining businesses has found they spend more than $3 billion a year on wages and purchases in the Mackay region in north Queensland.[MORE]
Inflation tipped to exceed RBA's target
An election campaign interest rate rise could be on the cards if today's official inflation figures reveal a strong rise in consumer prices.[MORE]
Immigration needed to keep building costs down: HIA
The HIA says Australia's skilled migration policy needs to specifically address shortages in the residential home building sector.[MORE]
Coles cooks up new MasterChef deal
Coles says it has signed a new two-year deal as the exclusive supermarket sponsor of Network Ten ratings juggernaut MasterChef Australia.[MORE]
Investment and people needed to boost Tasmania: report
Economists say weak population growth and poor investment in business are behind Tasmania's slip from fifth to sixth in the Commsec 'State of the States' ranking.[MORE]
Inflation? Not in retail says Harvey
Gerry Harvey says there is little sign of inflation in the retail sector, in contrast to economic forecasts of an inflation surge.[MORE]
Report forecasts economic growth in NT
A new report by the economic forecaster Access Economics predicts the Northern Territory's growth rate will rebound this financial year. [MORE]
US government says double dip recession unlikely
US treasury secretary Timothy Geithner believes the world's biggest economy is making a slow recovery from the Great Recession.[MORE]
Population debate overshadows housing shortage: economist
An economic forecaster has suggested the population debate is overshadowing the problem of the nation's housing shortage.[MORE]
Producer price surprise reduces rate rise chances
The prices businesses pay for their goods have risen by less than expected over the June quarter, reducing pressure on the RBA.[MORE]
Coles sales climb on MasterChef bandwagon
Coles have slightly bettered rival Woolworths, with a 5.5 per cent rise in fourth quarter sales partially due to its MasterChef promotions.[MORE]
NSW blames GFC for wooden spoon
The NSW government says the global financial crisis has led to its poor ranking in the latest 'State of the States' Commsec report.[MORE]
Labor to blame for Qld's bottom-ranked economy
The Qld Opposition says Labor mismanagement is to blame for the state having Australia's worst performing economy, along with NSW.[MORE]
Economic growth to continue despite 'frugal families'
Access Economics is predicting the economic recovery will continue, with falling unemployment and higher interest rates, despite sluggish retail spending.[MORE]
WA economy roars as Qld, NSW snore
Research shows WA is the best-performing economy in Australia, while Qld and NSW are at equal last place.[MORE]
Export price surge pressures rates
Australia's export prices surged by the most on record last quarter as Asian demand fuelled huge increases for iron ore and coal, a bonanza for the economy that also underlines the risk of further rises in interest rates. [MORE]
Europe nervously awaits bank stress test results
For most of this year, the government debt burdening some European nations has threatened to launch a new phase of the global financial crisis.[MORE]
Female graduates earning less than males: study
Female graduates are earning 3 per cent less than their male counterparts, but overall university graduate salaries have risen, according to the latest study.[MORE]
Business confidence weakens
A business survey shows the private sector struggled again in the June quarter, as the European debt crisis and the mining tax hit confidence. [MORE]
