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 CommSec Economic Insights report published December 22/23 2008, Australians are heading into the best Christmas in seven years.
The national average petrol price fell by 2.0 cents per litre to 103.1 cents per litre in the past week – a near 4-year low. Lower fuel prices, falling interest rates and discounting by retailers...
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New research released today in the December ARA Australian Retailers Index revealed a five percentage point jump in confidence among SME retailers, after consistent falls in confidence levels since November 2007.
Australian Retailers Association Executive Director Richard Evans said the December ARA Australian Retailers...
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According to the CommSec Economic Insights report released today (18 December 2008), there are some positive signs that the Australian economy is going quite well. The figures show that imports into in Australia are increasing and also that unemployment is decreasing in many areas.
The report states - "If Australian businesses...
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According to the CommSec Economics Insights report released today (18/12/08), Australia's reputation for having the one of the strongest banking systems in the globe has been
enhanced by latest data.
The report states:
Australian banks are weathering the global financial crisis. While bad debts have risen sharply over the past...
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I work in the Residential Housing Industry as a sales consultant and the last 3 months has been busier than the previous 12 months. Alot of young people are out and about along with 2nd and 3rd homebuyers who have had the sale of their homes happen largely due to the incentives offered by the government. The general feel in the market is...
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Research Shows Franchise Networks Feeling and Faring Okay
A study conducted in November by the psychology research team at the Franchise Relationships Institute (FRI) has found that Australian franchise systems seem to be faring quite well in the current downturn and that franchisors and franchisees are also feeling quite optimistic,...
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Peak retail industry body the Australian Retailers Association (ARA) said new research released today in the Deloitte ARA Christmas Retail Survey showed almost 68% of consumers are planning to spend the same or more during the Christmas season compared to last year.
ARA Executive Director Richard Evans said consumers who had...
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The latest CommSec Economic Insights Report asks - "Honestly, does this look like a recession?" Because, consumer confidence is at a 13-month high and the number of new housing loans is at an 11-month high.
The report says that "The raft of stimulus packages and rate cuts are working, with the extra dollars lifting...
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