Record lift in petrol price. Trade surplus soars.
Record lift in petrol price. Trade surplus soars. Petrol Prices; Preliminary trade; Used vehicle market Fuel prices: The national average price of unleaded petrol rose by a record 14.4 cents a litre last week to 134.0 cents a litre according to the Australian Institute of Petroleum. But petrol prices are now easing in Sydney, Melbourne,…
Morrison blasts cricket over Australia Day
CANBERRA, AAP – Scott Morrison has given a big bash to Cricket Australia over its decision to drop Australia Day from official promotions after consulting with Indigenous advisers. CA’s National Aboriginal and Torres Strait Islander Cricket Advisory Committee recommended the move with three Big Bash League games to be played on January 26. The prime…
East Coast petrol prices spike; Used car prices lift;
East Coast petrol prices spike; Used car prices lift China’s ‘V’-shaped recovery; Aussies return home Petrol Prices; Used car prices; Tourism; Chinese economic data Fuel prices: The national average price of unleaded petrol fell by 0.2 cents to 119.6 cents a litre last week according to the Australian Institute of Petroleum. But daily unleaded retail…
WAAAX Stocks – Buy or Stay Away
While the COVID 19 Pandemic ravaged sectors like energy, utilities, and industrials – all down more than 10% for the year 2020 – the Information Technology sector shined. Led by two residents of the ASX WAAAX stocks – Afterpay and Xero – the sector was up a staggering 57% for the year, dwarfing the 18.2%…
Petrol prices set to lift; Buoyant retail sales
Retail trade; skilled vacancies; Petrol prices; Used cars; Inflation; China inflation Retail trade: Retail trade rose 7.1 per cent in November to be up 13.3 per cent on the year. The preliminary release had previously showed a 7 per cent lift in retail trade for the month. ¾ Fuel prices: Last week the national average…
Retail sales rose 7.1 per cent in November
SYDNEY, AAP – Retail sales in November were up 7.1 per cent on the previous month, after statisticians increased their preliminary estimate by 0.1 per cent. Victorians were largely responsible for the sizeable improvement on October trade, evident in the Australian Bureau of Statistics’ improved report on Monday. Victoria’s retail sales grew by 22.4 per…
Stocks still near record highs despite protests in Washington
It is astonishing we have made it through the morphing of the political shades with the stock market still trading near the high end of the historical ranges. Mind you; the political overhang could last a little bit longer as sentiment was getting soured and held back by protest in Washington overnight. There a growing…
China dismisses WHO concern at entry delay
China has played down concerns from the World Health Organization (WHO) about a delay in authorisation for a visit by a team of experts looking into the origins of COVID-19, saying arrangements were being worked out. The head of the WHO, Tedros Adhanom Ghebreyesus, said on Tuesday he was “very disappointed” that China had not…
WHO ‘disappointed’ at China entry delay
The head of the World Health Organisation says he is “disappointed” that Chinese officials haven’t finalised permissions for the arrival of team of experts into China to examine origins of COVID-19. Tedros Adhanom Ghebreyesus, in a rare critique of China, said members of the international scientific team began departing from their home countries over the…
Petrol price fails to distract Aussie consumers
Petrol price fails to distract Aussie consumers Petrol prices; Used car market Fuel prices: Last week the national average price of unleaded petrol fell by 4.5 cents to a 4-week low of 122.2 cents a litre (c/l), according to the Australian Institute of Petroleum. Used car prices: Datium Insights reported that wholesale used car prices…
