Archive | March, 2013

Melboiurne recovery

Reserve Bank gives Melbourne a gloom injection

Want a good read? Check out the Reserve Bank’s Financial Stability Review. Sure, it’s not everyone’s cup of tea, but this report which is published half yearly is an absolute treasure trove for anyone interested in the Australian economy, or more importantly, how the Reserve Bank is interpreting economic data which of course as a […]

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Labouir force underutilisation rate

The good news and the bad news on Australian labour markets

Good news: 71,500 jobs were created over the month of February Bad news: 75% of them were part time roles The February labour force data published by the ABS earlier this week caught most of us off guard. The number of jobs created was nothing short of spectacular, the rate of unemployment remained steady at […]

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Housing demand focused on new housing and investment while first timers fall off a cliff

The latest housing finance data from the ABS painted a pretty dim view of housing demand, with the headline figures showing a seasonally adjusted fall in the number of owner occupier housing finance commitments of 1.5% in January following an adjusted 2.1% fall in December. This was the fourth consecutive month where the total number […]

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Across the regions

Consumers more optimistic about Australia’s housing markets in 2013

Consumers more optimistic about Australia’s housing markets in 2013 Last week Nine Rewards and RP Data undertook our second housing market sentiment survey.  The first survey was in October last year and we intend to run the survey every three months.  The results were stronger than I expected, in the sense that only a very […]

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No of flights table

Where is the investment in our airports?

As someone who travels interstate regularly, one of my major frustrations (as I am sure it is with most passengers) is with airport delays.  Whether it is planes delayed in their take-off or coming home to Brisbane and having to circle over the Gold Coast for 30 minutes before we have clearance to land, it […]

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