According to figures released by the Australian Bureau of Statistics (ABS), the Wage Price Index (WPI) rose by 0.5%, seasonally adjusted, in the December quarter in 2019. WPI also rose 2.2% through last year. Victoria had the highest recorded wage […]
The most recent Australian Bureau of Statistics (ABS) Retail Trade figures show that in December 2019, Australian retail turnover fell by 5%, seasonally adjusted. This was a fall from the 1% retail turnover rise in November 2019. November 2019 was […]
In November 2019, the value of new loan commitments for housing rose by 1.8%, seasonally adjusted. The number of loan commitments to owner occupier first home buyers dropped by 0.4% in October and 0.9% in December. The value of new […]
In seasonally adjusted terms, the balance on goods and services was a surplus of $5,800 million in November 2019. This is an increase of $1,725 million from the surplus in October 2019, up 42%. Goods and services credits rose to […]
