Published on December 17, 2010 by Technology Slice
Property Prices to Increase in 2011 – While residential property prices remained relatively flat in the last quarter of 2010, a tight rental market and return to “normal” trends in first home ownership are likely to lead to firm growth late next year, they say. CommSec economist Savanth Sebastian said increasing rental demand and rising [...]
Tags: Asian Investors, Australian Dollar, Bank Of Australia, Caveat, Darwin, Economist, Economists, Home Ownership, House Price, house prices, Interest Rate Hikes, Interest Rate Rise, Last Quarter, Perth, Reserve Bank Of Australia, Residential Property, Sebastian, Sydney Markets, Tight Rental Market, Wages
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Published on December 9, 2010 by Technology Slice
Australian Jobless Rate Drops – Australia’s jobless rate fell to 5.2 per cent in November, with the economy creating the most jobs since January as employers gained confidence heading towards the year’s end, according to official data released today. The seasonally adjusted rate compares with a 5.4 per cent unemployment rate in October, according to [...]
Tags: 12 Months, Advertisement, Australia, Australian Bureau Of Statistics, Australian Dollar, Australian Statistics, Bureau Of Statistics, confidence, Economist, Economists, economy, Full Time, interest rates, Jobless Rate, Part Time, Rate Hike, Rba, Time Jobs, Time Positions, unemployment rate
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Published on November 30, 2010 by Technology Slice
Building Approvals Sky Rocket – Approvals rose 9.3 per cent to 13,541 units in October, seasonally adjusted, from an upwardly revised 12,388 units in September, the Australian Bureau of Statistics (ABS) said. But while the data suggests demand for housing may rebound, the stronger figures may not last because of higher interest rates, economists say. [...]
Tags: apartment, Australian Bureau Of Statistics, Building Approvals, Bureau Of Statistics, Citigroup, Director Paul, Economists, Global Markets, Housing Construction, Interest Rate Hike, interest rates, Mr Brennan, New South Wales, Paul Brennan, Queensland, Rose, Sky Rocket, South Australia, victoria, Western Australia
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Published on August 2, 2010 by Technology Slice
Manufacturing Growth Speeds Up In Australia – Australian manufacturing growth accelerated in July, a sign the central bank’s decision to halt a world-leading round of interest-rate increases is stoking consumer spending and business investment. The performance of manufacturing index rose 1.5 points to 54.4, the Australian Industry Group and PricewaterhouseCoopers said in a survey released [...]
Tags: Australian Industry Group, Benchmark Rate, Business Interest, Business Investment, Canberra, Chief Executive Officer, Consumer Spending, Deliveries, Economists, economy, Fiscal Stimulus, Gauge, Growth Speeds, Heather Ridout, Interest Rate Increases, interest rates, Inventories, Ism Index, Private Sector, Six Times
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Published on May 5, 2010 by Technology Slice
5 Month High For Pending Home Sales – Analysts said the data on Tuesday suggested the economic recovery was gaining more muscle and was setting the tone for a strong second-quarter growth pace. The economy expanded at a 3.2 percent annual rate in the January-March period. “The second quarter is going to be stronger than [...]
Tags: Association Of Realtors, Commerce Department, Debt Prices, Debt Problems, economic recovery, Economists, Existing Home Sales, Factories, Financial Markets, Gap, Growth Pace, Lows, Lpl Financial, Major Indices, National Association Of Realtors, Output Gap, Pending Home Sales Index, Quarter Growth, recession, Wall Street Stocks
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