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Annual change in CPI

CPI and housing

The Consumer Price Index (CPI) for the March 2011 quarter was released this week by the Australian Bureau of Statistics (ABS).  CPI measures quarterly changes in the price of a ‘basket’ of goods and services which account for a high proportion of expenditure by the CPI population group (i.e. metropolitan households). This ‘basket’ covers a […]

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US housing market not yet out of the woods

Housing market conditions in the US are continuing to struggle, with the CoreLogic House Price Index (HPI) showing ongoing weakness across the market.  The latest results for February were released just recently, revealing a 6.7% annual decline in US home values.  US home prices are now 34.5% lower than when the market peaked back in […]

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Non performing housing loans

Australia’s financial system gets the tick of approval by the RBA

The RBA this week released their half-yearly Financial Stability Review and overall it was quite a positive release.  The report can be downloaded here: The headline findings of the review were: Since the last review six months ago, confidence in the banking systems of major countries have generally improved Share prices of banks in […]

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GDP Forecasts

GDP indicates Australia was doing alright….in December 2010

The Australian Bureau of Statistics released the December 2010 quarter Gross Domestic Product (GDP) figures this week.  The data reaffirmed what we already knew, the Australian Economy was performing quite well during the final quarter of 2010. Over the quarter, GDP grew by 0.7% which was in line with the market expectation.  The quarterly growth […]

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