Tag: Economic Trends
Unemployment slashed by jobs boom
A surge in full-time jobs has cut the unemployment rate from 5.3 to 5.1 per cent.[MORE]
Economists predict fall in unemployment
Economists are predicting a fall in the unemployment rate when official figures are released today.[MORE]
Obama sweats on slow US recovery
US president Barack Obama has acknowledged that the pace of America's economic recovery has been painfully slow.[MORE]
Housing finance rises in July but caution remains
There has been an increase in the number of home loans taken out by owner-occupiers in July.[MORE]
Minority Government puts a damper on Australia's retail sectors
A prominent economic forecaster says that Australia's retail sectors have reason to be optimistic, however, minority government might hinder it from reaching full potential.[MORE]
$44b resource exports 'second highest on record'
Earnings from Australia's mineral and energy exports have hit their second highest level ever.[MORE]
Budget deficit could fuel retail slump: forecast
Access Economics latest forecast predicts a continuing slump in ACT retail sales. [MORE]
Reserve holds rates, 'no urgency to hike'
The Reserve Bank has surprised no-one with its decision to keep interest rates on hold for the fourth straight month.[MORE]
Homebuyers confident despite repayment problems
A new private sector measure shows home buyer confidence has returned to near pre-global financial crisis levels, despite a fifth of first-time borrowers struggling with repayments.[MORE]
Construction falls for fourth straight month
The construction sector's health waned for a fourth consecutive month in August, as fiscal stimulus continued to pull back.[MORE]
Obama to splash billions on infrastructure projects
Barack Obama has announced plans to spend tens of billions of dollars on rebuilding roads, railways and runways to stimulate the American economy.[MORE]
New Zealand gets an economic shake-up
The Christchurch earthquake reveals the unfortunate reality that tragedy can be good for economic growth. [MORE]
Reserve expected to hold fire
The Reserve Bank is widely expected to leave official interest rates on hold today, as it surveys an uncertain global outlook.[MORE]
Job ads rise again
Job advertisements increased 2.6 per cent in August, and are now 36 per cent higher than a year ago.[MORE]
Inflation under control, Reserve can 'sit tight'
A private gauge shows inflation under control, giving the Reserve Bank more room to keep interest rates on hold.[MORE]
US still struggling on the jobs front
The failure of the United States' economy to start producing enough jobs to reduce unemployment will make life very difficult indeed. [MORE]
US jobless rate edges up in August
US president Barack Obama has promised new stimulus measures after a weak August jobs report showed unemployment has increased slightly.[MORE]
New car sales up sharply in SA
New car sales are up more than 16 per cent in South Australia over the same time last year.[MORE]
Britain no basket case says trade envoy
A British trade envoy says the UK is open for business, despite continuing concerns about the health of its economy.[MORE]
Sluggish winter for services sector
Activity in Australia's services sector shrank for the fourth month in a row in August, with another slide in retail.[MORE]
Trade surplus disappoints
Australia has recorded its fourth straight trade surplus, but the result came in below even the lowest economist forecast.[MORE]
Strong GDP shows stimulus can stop: economist
A leading economist says yesterday's stronger than expected economic growth figures make a reasonable case for stimulus spending to be stopped.[MORE]
Goldilocks can't have perfect porridge forever
Several economists have now adopted the phrase 'Goldilocks economy' to describe Australia, but our apparently perfect porridge is bound to cool or reheat eventually.[MORE]
Economic growth smashes forecasts
Australia's economic growth has passed all but the most optimistic forecasts, with the economy expanding 3.3 per cent over the past financial year.[MORE]
