Economic Indicators News

By Colin PackhamSYDNEY, March 22 (Reuters) - Prime Minister Scott Morrison's Liberal Party faces a tight election contest in Australia's largest state on Saturday, polls...

The below table highlights the five suburbs in each capital city with the largest average land area based on sales over the 12 months to February 2019. It also shows the median...

“The fall in overseas migration that we have seen for the past 18 months has eased in the most recent quarter,” stated Tim Reardon, HIA’s Chief Economist. ABS...

(Bloomberg) -- The Swiss National Bank kept interest rates at rock bottom, cut its inflation forecasts again and warned that the global slowdown could worsen. A dramatic change in...

(Bloomberg) -- Norway’s central bank raised its main interest rate for a second time since September and signaled there’s more tightening to come, as western...

By Swati PandeySYDNEY, March 21 (Reuters) - Australia's tumbling house prices would not necessarily translate into cuts in official interest rates if growth and inflation...

(Bloomberg) -- New Zealand’s economy expanded at a faster pace in the fourth quarter, easing concerns of a pronounced slowdown that could force the central bank to cut...

SYDNEY, March 21 (Reuters) - Australia's jobless rate fell to a near eight-year low in February as a bumper run in employment extended, sending the local dollar sharply higher on...

* NZ GDP up 0.6 pct q/q in Q4 vs 0.3 pct in Q3 * Annual growth slowed to 2.3 pct vs 2.6 pct in Q3 * GDP deflator negative in Q4 despite solid consumption growth * RBNZ likely to...

This week, all of the busiest suburbs for auctions are in Victoria. Preston and Reservoir top the list with 14 homes scheduled for auction each. Followed by Bentleigh East,...

* Solomon Islands politicians float ending Taiwan alliance* 1/3 of Taiwan allies are Pacific Islands, seen under pressure* Solomon Islands election set for April 3By Charlotte...

(Bloomberg) -- Optimism among chief executive officers of large U.S. companies cooled for a fourth straight quarter amid greater uncertainty about global economic growth, a...

"The Government's plan to formalise a drop in the permanent migration program means that we will potentially miss out on a share of the future economic gains the program would...

Australian freight vehicles moved an estimated 214,789 million tonne-kilometres (tkm) of freight across Australia’s road network in 2017-18, according to figures released...

By Wayne ColeSYDNEY, March 20 (Reuters) - Australia's falling home prices and high levels of household debt are not yet a threat to financial stability, a top central banker...

Residential property prices fell 2.4 per cent in the December quarter 2018, according to figures released today by the Australian Bureau of Statistics (ABS). Chief Economist for...

There were 1,894 homes taken to auction over the week, increasing from the previous week when 1,197 auctions were held, although significantly lower than this week last year when...

“The price of land for new residential building has continued to rise despite a fall in demand,” said HIA Chief Economist Tim Reardon. The March 2019 edition of the...

(Bloomberg) -- U.S. job openings rose in January as the employers in wholesale trade, real estate and government sought workers in a tight labor market. The number of positions...

Although the past few decades have been characterised by increasing property values, that doesn’t mean there haven’t been periods when property values have reversed; in...

(Bloomberg) -- China’s economic slowdown deepened in the first two months of the year pushing unemployment sharply higher, raising the stakes for the government’s...

Investing.com - China’s industrial output grew at the slowest pace in 17 years for the first two months in 2019, while retail sales and fixed-asset investment came in...

(Bloomberg) -- Orders placed with U.S. factories for business equipment rebounded in January by the most in six months, a sign demand is withstanding concerns about...

* March consumer sentiment worst in more than a year* Pessimists outnumber optimists as index slips below 100* ANZ removes policy rate rises from its long-term outlook* Fiscal...

(Bloomberg) -- Jobs data provided some surprisingly good news for South Korean President Moon Jae-in, who is under fire over his economic policies -- particularly his aggressive...

SYDNEY, March 13 (Reuters) - A measure of Australian consumer confidence slumped to its lowest in over a year in March as gloomy media coverage of disappointing economic news took...

(Bloomberg) -- Japan’s biggest manufacturers say current business conditions are at the worst in nearly three years, the latest indication the nation’s export-dependent...

The start of 2019 has been characterised by ‘drought and flooding rains’, as adverse seasonal conditions keep sentiment in Australia’s agricultural sector...

The value of new lending commitments to households fell 2.4 per cent in January 2019, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) figures on...

Over the 2018 calendar year, the share of sales across the 6 price points highlighted nationally were: 6.1% under $200,000, 24.8% between $200,000 and $400,000, 28.0% between...

(Corrects grammar in headline.)SYDNEY, March 12 (Reuters) - A closely-watched measure of Australian business conditions eased in February, dragged by falls in profitability and...

(Corrects to clarify in paragraph 6 the paper the RBA studied at its policy meeting was different to the one referenced throughout the story. Also corrects the month of the meeting...

Over the 2018 calendar year, the share of sales across the 6 price points highlighted nationally were: 6.1% under $200,000, 24.8% between $200,000 and $400,000, 28.0% between...

There were 1,196 auctions held across the combined capital cities this week, significantly lower than the 2,201 held last week, and the 1,764 one year ago. The fall in auction...

Dwelling sales were down in four of the five Queensland regions over the year to November 2018 with the Wide Bay region the only location to see an increase in home sales (2 per...