Australia's seasonally adjusted unemployment rate increased 0.1 percentage points to 5.7 per cent in October, the Australian Bureau of Statistics (ABS) has announced. The trend unemployment rate increased by less than 0.1 percentage points ...
The 11th edition of the AFGC CHEP Retail Index suggests that retailers may be in for a challenging trading period this Christmas, with year-on-year growth in retail sales slowing and a turn-around not expected in the remaining months of ...
Tags: Service, Retailers Transport, logistics
Beer consumption in Australia hits a 66 year low, but wine is still going up, according to figures released by the Australian Bureau of Statistics (ABS). The downwards trend in beer consumption started in the 1970's while wine consumption ...
Tags: Beer, Agriculture, Food
A report by the Australian Bureau of Statistics (ABS) has found that the proportion of business owners is especially high in regions outside of Australian greater capital cities. Director of rural and regional statistics Lisa Conolly said ...
THE Australian dollar is lower, driven down by strong US data, a weak local inflation measure and a bleak federal government budget forecast. At 5pm AEST the local unit was trading at 89.07 US cents, down from 89.58 cents yesterday. The ...
Australia's seasonally adjusted unemployment rate remained steady at 5.7 per cent in July, as announced by the Australian Bureau of Statistics (ABS) today. The ABS reported the number of people employed decreased by 10,200 to 11,653,200 ...
Tags: Service, Unemployment Rate
The Australian Bureau of Statistics reports that Australia’s population grew by 1.8 per cent during 2012, returning to the excessive growth seen three years ago. This is the level advocated by then Prime Minister Kevin Rudd’s ...
Tags: Service, Immigration, Population Growth
The Australian Bureau of Statistics has officially confirmed Australia's 2011-12 cotton crop was a record 973,000 tonnes, up 15% on the previous year. It’s Agricultural Commodities 2011-12 report showed a slight increase in the total ...
Tags: ABS, Cotton Crop
The sharemarket is set to open significantly lower after heavy falls on Wall Street on Friday night. But encouraging manufacturing data out of China on the weekend could provide a boost for mining stocks. At 7am AEST, the June share ...
Tags: Sharemarket, Wall Street
The Aussie is trading in a narrow range as it takes a breather following recent falls. At 12pm AEST, the currency was trading at US96.71c, down slightly from US96.73c yesterday. OzForex chief currency strategist Jim Vrondas said the ...
Tags: Dollar Trading, Currency
Better than expected economic data provided a cushion for the Australian dollar yesterday, with a sharp rebound in home building and still-resilient corporate investment plans easing the need for the central bank to cut rates again. But ...
Tags: Aussie Dollar, RBA
The Australian dollar gained as much as US1c in overnight trade after the US dollar fell against all the major currencies. The Aussie peaked at US96.71c in overseas trade overnight. By 7am AEST it was trading at US96.34c, up from ...
The Australian dollar fell after another batch of good US economic data cemented hopes of a winding down of economic stimulus measures by the US central bank. At 7am AEST the local unit was trading at 96.16 US cents, down from 96.55 cents ...
Tags: dollar, Australian, US Data
The dollar continued to test fresh 11-month lows, extending a week-long decline built on rising concerns about the outlook for the resources-rich economy and renewed strength in the US dollar. Late today, the Aussie was trading at ...
Tags: Dollar Down, Service, Economic Outlook
THE sharemarket has closed flat, held back by weakness among the major banks and expectations of a pause on interest rate cuts following the release of encouraging jobs figures. The benchmark S&P/ASX200 index was down 1.4 points, or 0.03 ...
Tags: economy