Macroeconomics
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Happy Banking? - Four Corners

Happy Banking? - Four Corners | Macroeconomics | Scoop.it
Ask most Australians about the impact of the GFC and they'll tell you it wasn't too bad.
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Lateline - 05/06/2012: RBA cuts rates amid skittish market

Lateline - 05/06/2012: RBA cuts rates amid skittish market | Macroeconomics | Scoop.it
The Reserve Bank has cut 25 basis points from the official cash rate in a bid to calm sectors of the economy...
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PM - GDP result should silence doomsayers: Gillard 06/06/2012

PM - GDP result should silence doomsayers: Gillard 06/06/2012 | Macroeconomics | Scoop.it
The Prime Minister and Treasurer argue the stunning GDP result should silence the Governments critics Wayne Swan says the results should act as a circuit breaker to the current debate on the natio...
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Unemployment rises in June - RN Drive - ABC Radio National (Australian Broadcasting Corporation)

Unemployment rises in June - RN Drive - ABC Radio National (Australian Broadcasting Corporation) | Macroeconomics | Scoop.it
Bureau of Statistics jobs figures for June are out today and report that unemployment rose to 5.2 per cent last month, with 27,000 jobs lost.
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PM - Dollar rises despite benign inflation read 25/07/2012

PM - Dollar rises despite benign inflation read 25/07/2012 | Macroeconomics | Scoop.it
Car-parts maker CMI has been placed in voluntary administration The company will close its sites in Victoria and Queensland with 119 jobs set to go Meanwhile Macquarie Group has told shareholders...
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Inflation fall not enough to lift rate cut chances - ABC News (Australian Broadcasting Corporation)

Inflation fall not enough to lift rate cut chances - ABC News (Australian Broadcasting Corporation) | Macroeconomics | Scoop.it
Consumer prices rose 0.5 per cent in the June quarter, rising only 1.2 per cent over the past financial year.
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Inflation at lowest annual level in 13 years, RBA has scope for rate cuts

Inflation at lowest annual level in 13 years, RBA has scope for rate cuts | Macroeconomics | Scoop.it
AUSTRALIA'S inflation rate fell to the lowest level in 13 years, giving the central bank scope to cut interest rates further if the economy deteriorates and workers struggling with cost of living pressures a reason to be happy.
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Income up, life satisfaction levels unchanged during GFC

Income up, life satisfaction levels unchanged during GFC | Macroeconomics | Scoop.it
Average household incomes in Australia defied the global financial crisis to increase substantially in the 2008-09 financial year, and life satisfaction levels were unaffected by the downturn, according…...
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Insiders - 13/05/2012: Unemployment rate makes surprise drop - Insiders - ABC

Insiders - 13/05/2012: Unemployment rate makes surprise drop - Insiders - ABC | Macroeconomics | Scoop.it
The unemployment rate has dropped to 4 9 per cent nationally surprising economists...
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PM - Productivity, not monetary policy, to drive growth: RBA 19/03/2012

PM - Productivity, not monetary policy, to drive growth: RBA 19/03/2012 | Macroeconomics | Scoop.it
Reserve Bank governor Glenn Stevens says Australia will have to boost its economic productivity if it wants to see faster economic growth He was speaking at an investment conference in Hong Kong M...
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Mining boom delivers surprise GDP boost - ABC News (Australian Broadcasting Corporation)

Mining boom delivers surprise GDP boost - ABC News (Australian Broadcasting Corporation) | Macroeconomics | Scoop.it
Economists and the Federal Opposition are reeling after the release of statistics showing a 4.3 per cent annual growth rate on the back of miraculous mining figures.
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AM - Analysts contradict Treasury unemployment projections 09/05/2012

AM - Analysts contradict Treasury unemployment projections 09/05/2012 | Macroeconomics | Scoop.it
As part of the Budget released last night Treasury has projected that unemployment will increase to 5 5 per cent this June then drop back to 5 per cent in two years But the latest figures released b...
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Inflation targeting hampers jobs growth: critics - The Business - ABC News (Australian Broadcasting Corporation)

Inflation targeting hampers jobs growth: critics - The Business - ABC News (Australian Broadcasting Corporation) | Macroeconomics | Scoop.it
Australia's obsession with controlling inflation comes at a cost to jobs growth and forces an unhealthy focus on contractionary policy, says critics.
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Inflation lowest in more than decade - ABC News (Australian Broadcasting Corporation)

Inflation lowest in more than decade - ABC News (Australian Broadcasting Corporation) | Macroeconomics | Scoop.it
Headline inflation has fallen to its lowest level since the June quarter of 1999. The 1.2 per cent reading for the Consumer Price Index opens the door for the Reserve Bank to cut interest rates when it meets next month.
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Victorian business sends out distress call

Victorian business sends out distress call | Macroeconomics | Scoop.it

VICTORIAN business has sent out a mayday call, warning that the state's economy is deteriorating.

A new business survey reports that conditions have slid to their worst levels since 2009, and are expected to get worse in the coming year.

As Reserve Bank governor Glenn Stevens talked up the economy at a lunch in Sydney, the quarterly survey by the Victorian Employers Chamber of Commerce and Industry (VECCI) and the Commonwealth Bank found a very different message coming up from ground level, in Melbourne and regional towns alike.

Read more: http://www.theage.com.au/victoria/victorian-business-sends-out-distress-call-20120724-22nj9.html#ixzz21cgXWMWj

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No boom without bust: a cautionary note about mining and employment

No boom without bust: a cautionary note about mining and employment | Macroeconomics | Scoop.it
Much public discussion around the current mining boom focuses on the lack of qualified staff to fill an expanding employment market.But yesterday’s report by Deloitte Access Economics warning that the…...
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Australia's Import Prices Rise More Than Expected

Australia's Import Prices Rise More Than Expected | Macroeconomics | Scoop.it
Import prices in Australia rose more than expected in the June quarter with the weak dollar pushing up prices of fuel and pharmaceutics..
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