Elevated East Coast petrol prices; Used car prices ease.
Elevated East Coast petrol prices; Used car prices ease China’s consumer and technology-led recovery Petrol Prices; Used car prices; Chinese economic data Fuel prices: The national average price of unleaded petrol rose by 2.0 cents to 121.2 cents a litre last week according to the Australian Institute of Petroleum. Daily unleaded retail petrol prices in…
Crown director felt ‘pressured’ on release
A Crown Resorts director and former senior public servant says she regrets signing on to an ASX statement and full-page newspaper advertisement in which the casino business made false claims about its relationships with Chinese junket operators. She also admitted that with hindsight, the casino operator did not have an adequately robust or reliable process…
Qld union warns of 42,000 surplus job cuts
Queensland’s public sector union has released a report showing more than 42,000 public sector jobs will have to be cut to balance the state’s budget by 2024. Liberal National Party leader Deb Frecklington has made a state election pledge to get the budget back in the black “if possible” over the forward estimates. She has…
Used car prices soar. Petrol prices creep higher
Used car prices soar. Petrol prices creep higher Petrol Prices; Used car prices Fuel prices: The national average price of unleaded petrol rose by 2.7 cents to 119.2 cents a litre last week according to the Australian Institute of Petroleum. Monthly used car prices: The Datium Insights – Moody’s Analytics Used Vehicle Price Index increased…
Consumer confidence hits 15-week high.
Consumer confidence hits 15-week high Job ads up for 5th month; Record exports to US Consumer confidence; Job advertisements; International trade; Business survey Consumer confidence: The weekly ANZ-Roy Morgan consumer confidence rating rose by 0.7 per cent to 15-week highs of 95.7 (long-run average since 1990 is 112.6). Confidence has lifted in seven of the…
The economics of COVID-19
The economics of COVID-19 Weekly Petrol Prices; Business Indicators; Credit; Inflation gauge; China data Petrol prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol rose by 6.3 cents to 122.5 cents a litre last week – the biggest rise in 11 weeks. Lending: Private sector credit (effectively outstanding loans)…
Palmer builds UAP Qld election war chest
Clive Palmer’s companies have pumped funds into his United Australia Party as he tries to topple Queensland’s Labor government at the upcoming state election. The companies – Minerology, Palmer Gold Coast and Waratah Coal – have donated more than $80,000 to the UAP in the last two-and-a-half weeks, according to data from the Electoral Commission…
East Coast petrol prices lift from lows.
East Coast petrol prices lift from lows Aussies use stimulus payments to pay bills Weekly Petrol Prices; COVID-19 Household survey Petrol prices: According to the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 1.6 cents to an 11-week low of 116.2 cents a litre last week. East Coast petrol prices:…
Victorian child care to receive lifeline
FEDERAL GOVERNMENT’S VICTORIAN CHILDCARE PACKAGE * Melbourne families in stage four lockdown will receive an additional 30 days of allowable absences from child care * Parents will not be required to pay a gap fee when their children do not attend * The government will continue to pay childcare subsidies * Transition payments for Melbourne…
Resilient regional home prices. Solid expansion in manufacturing activity.
Resilient regional home prices Solid expansion in manufacturing activity Home prices; Manufacturing Home prices: The CoreLogic Home Value Index of national home prices fell by 0.6 per cent in July, but was still 7.1 per cent higher over the year. In capital cities, prices fell by 0.8 per cent, but were 7.9 per cent higher…
