Australian economy articles
Browse through our collection of good news articles about the Australian economy. You can submit your own article here.
Australian Economy
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According to today's Commsec Economic Insights report, Australia's unemployment figures are no where near as bad as some would like us to believe.
There has been so much written about the recent lift in the jobless rate but unfortunately much of the analysis has been either wrong or ill-informed. While there has been a sharp lift in people...
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The Australian Bureau of Statistics has released it's latest population figures and we are currently experiencing the highest population growth in 40 years.
Australia is experiencing the biggest migration boom in history with 235,800 migrants arriving in the year to September 2008. Australia’s overall population grew by 1.84 per...
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The Australian Bureau of Statistics released it's latest labour force statistics today and according to CommSec, it's not all bad news - "Employment rose by 1,800 in February adding to the job gains noted in January" and "Employment has only fallen only six times in the last 38 months - reflecting the fundamental strength of the...
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According to CommSec, latest figures show that households are faring quite well and are still spending despite all the doom and gloom. The report also says that we are at serious risk of letting ourselves get talked into a recession by anxious economic commentators and knee-jerk reactions.
As well as the increase in spending, the report...
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Australia's trade surplus increased by $553 million to $970 million in January 2009, according to official figures released this morning by the Australian Bureau of Statistics.
'The January trade surplus is the sixth-consecutive monthly trade surplus and the eighth-largest on record,' said the Minister for Trade Simon Crean.
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The Australian economy feel slightly during the December quarter but the good news is that we are still performing better than the rest of the world!
In our first quarter of negative growth in 8 years, the Australian economy contracted by 0.5 per cent in the December quarter. However, this still put us in a better position than any of...
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Peak retail industry body the Australian Retailers Association (ARA) said the Reserve Bank’s decision to leave the cash rate unchanged at 3.25 percent signalled Australia’s economic conditions were stabilising.
ARA Executive Director Richard Evans said the Reserve Bank’s positive indication of economic recovery was confirmed...
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Economic perspective -
Australia can avoid recession in 2009 supported by five key factors. However the economy will still face significant challenges
At least 14 major economies are in recession or have experienced recessions in 2008. However at least another 14 major countries have so far avoided entering recession.
Whether...
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Peak retail industry body the Australian Retailers Association (ARA) said the 0.7 percent increase in the December 2008 quarter’s retail turnover is positive news for retailers who have reserved confidence of improved consumer sentiment.
ARA Executive Director Richard Evans said retail trade growth for the December quarter (NSW -0.6%,...
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Big cuts in interest rates and the boost to the First Home Owners Grant pushed housing affordability conditions to the best level in five years, according to the HIA-CBA First Home Buyer Affordability Index.
The HIA-CBA report revealed a stunning increase of 39.2 per cent in the December 2008 quarter.
Over...
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