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The Westpac-Melbourne Institute Consumer Confidence Index fell 7.9% in May to 79.0, with the sharpest falls seen amongst those on low incomes, renters, mortgagees and women. Key...
NAB lifted its expectation that the cash rate could rise two more times to repel still-high inflation. Key points NAB economists predict the cash rate to peak at 4.10% by July - there is a...
The construction of new private sector houses accounted for 2.3% of the total decline in the December quarter, with the ABS revealing new private sector house commencements fell to 28,330 dwellings. ...
ABS lending indicator data released Monday revealed the value of new home loan commitments fell 0.9% in February 2023, with new home loans written in the month amounting to $22.6 billion. Key...
New figures from CoreLogic could turn the age old "rent or buy?" argument on its head.Key points 90% of suburbs in Australia are cheaper to rent than buy Houses are cheaper to rent than buy in every...
Not far removed from the first savings account to crack the 4% mark, savings accounts have climbed an additional 100 basis points to now offer rates of 5% p.a. or higher.The continued growth of these...
Yes, you read that right. Clearly, markets were positioned for the hot CPI. DXY fell: AUD popped:Oil and gold fell:Base metals did nothing:Miners (ASX:RIO) lifted:Not EM (NYSE:EEM):Nor junk...
DXY sure looks like it is consolidating for another leg higher as EUR breaks down: AUD has little head and shoulders top:Gold held on. If oil is forming an uptrend then pain is the name of the...
It was a huge DXY and EUR reversal Friday night: AUD was vapourised:Markets are still short:All commodities puked:Miners (ASX:RIO) did a bit better:EM stocks (NYSE:EEM) fell:Junk (NYSE:HYG)...
MON: Swiss KOF (Jan), Japanese Retail Sales (Dec), Japanese Unemployment (Dec), UK Nationwide House Price (Jan) TUE: Australian Retail Sales (Dec), Chinese NBS PMIs (Jan), German Import Prices (Dec),...
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