Let’s start by defining what a recession actually is. Google’s dictionary defines it as ‘a period of temporary economic decline during which trading and industrial activity are reduced, generally identified by a fall in GDP in two successive quarters’. In short, we’re looking for some sustained contraction in GDP. So... Show More
CommSec Senior Economist Ryan Felsman takes a look at the economic events scheduled for the week ahead, including retail sales, job ads and building approvals. Show More
· The seasonal slowdown in economic and financial events will be in evidence over the coming fortnight. There are few indicators that can truly be regarded as ‘top shelf’. Show More
In Australia the month of November finishes with a raft of housing data releases. And a key focus for investors will be the private capital expenditure quarterly data which feeds into the Australian economic growth (GDP) report the following week. Show More
· If it wasn’t for the Reserve Bank, the domestic calendar in the coming week would be decidedly thin. In the US, there are few key events in a holiday-shortened week. Minutes of the last central bank policymaking meetings are released in Australia and the US. Show More
A busy week lies ahead in Australia. The labour market dominates the economic agenda with employment and wages data released. The week kicks off in Australia on Monday when the Reserve Bank of Australia (RBA) releases September credit card lending data. Card balances are at the lowest level since December... Show More
· The key monthly measures on economic activity are scheduled for release in Australia, US and China in the coming week. Show More
Inflation readings dominate in Australia in the coming week. The Consumer Price Index is issued on Wednesday with trade prices (exports and imports) on Thursday and business inflation – producer prices – to be released on Friday. Show More
There are two events that stand out in Australia in the coming week. The first is the minutes of the last Reserve Bank Board meeting on Tuesday. And the second is the monthly job report on Thursday. Show More
Gauges of business and consumer sentiment are in focus in the week ahead together with measures of personal lending – home loans and credit card debt. In the US, inflation and retail sales data and minutes from the past Federal Reserve meeting are the events to watch. Show More
Retail trade fell 0.6 per cent in August after a downwardly-revised fall of 0.2 per cent in July. Sales had averaged gains of 0.4 per cent a month in the previous four months. Annual sales growth fell from 3.5 per cent to 3.1 per cent. Show More
Caution: Top shelf economic data ahead Show More
Every change in seasons is ushered in with a barrage of economic data. So with the profit reporting season coming to an end, now it is time for the Spring economic data reporting season. Business investment and home prices are the highlights in Australia in the coming week. Show More
To say there is a quiet week in prospect for economic data borders on under-statement – certainly a very, very quiet week lies ahead in Australia. Show More
CommSec Senior Economist Savanth Sebastian takes a look at the economic events scheduled for the week ahead, including the Wage Price Index, Employment data, US FOMC Minutes and China retail sales, FAI & Industrial Production data. Show More
CommSec Chief Economist Craig James takes a look at the economic events scheduled for the week ahead, including home prices, the RBA Board meeting and the RBA Statement on Monetary Policy. Show More
CommSec Chief Economist Craig James takes a look at the economic events scheduled for the week ahead, including the CommSec State of the States report, Australian inflation, US GDP growth and the US Federal Reserve rates meeting. Show More
The Reserve Bank has left the cash rate on hold at 1.5% in July as widely expected. CommSec expects rates to stay on hold throughout the 2017/18 financial year. Show More
CommSec Chief Economist Craig James takes a look at the economic events scheduled for the week ahead, including RBA Board Meeting, Retail Sales and International Trade data. Show More
The economy grew by 0.3% in the March quarter - in line with market expectations. Annual economic growth eased from 2.4% to 1.7%. The outlook is encouraging with strong infrastructure spending & demand for our exports to support growth. Show More