Market News

16 Sep 20. Used vehicle prices in August were up 25 per cent on the year while prices rose 3.4% in September.

15 Sep 20. Australia is the 18th cheapest country in the world to buy an Apple iPhone 11 64GB in US dollar terms.

15 Sep 20. There were few extra insights provided on the operation and outlook for the economy. There were seven mentions of ‘Victoria’ in the text.

15 Sep 20. China is on track to be the best performing ‘major’ economy this year. Today’s data dump showed an acceleration in industrial production and retail spending.

15 Sep 20. The weekly ANZ-Roy Morgan consumer confidence rating rose by 1.4 per cent to 92.4, lifting for four of the past five weeks.

14 Sep 20. According to the Australian Institute of Petroleum, the national average price of unleaded petrol fell by 5.5 cents last week to 124.2 cents a litre.

11 Sep 20. Aussies took 5.41 million domestic trips in June, up 2.36 million from May, spending $2.14 billion.

10 Sep 20. Researchers have found that the proportion of SMEs with significant revenue declines from COVID-19 has reduced from 57 % in July to 45% in late August.

9 Sep 20. With the conclusion of the August report season, around $21.6 billion will be paid out to shareholders in the next two months as dividends, well down from the payout season months ago.

9 Sep 20. The value of home loans rose by 8.9% in July after a 6.4% rise in June. It was the biggest back-to-back increase in home loans in 18 years of records.