Tagged: GDP

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Aust stocks dip after GDP run-up

By Michael Roddan The Australian sharemarket ended the day slightly down, despite running ahead during the morning session following the release of better-than-expected, albeit below-trend, official GDP figures. At the 4. 15pm (AEST) official...

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What the GDP figure really means

Today’s figure shows consumption increased by 0. 5 per cent in the June quarter, and by 2. 2 per cent over the last 12 months. Retail sales figures (one component of consumption expenditure) were...

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Population growth can't fuel the economy forever

By Callam Pickering However, high population growth remains the dominant feature of Australia’s economy, with real GDP per capita rising by just 0. 1 per cent in the June quarter. Household consumption rose by...

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Aust dollar weaker despite GDP

By AAP Mr Liu said expectations that the US employment figures for August to be released on Friday will again show strong jobs growth are helping the greenback gain ground. "The pound, euro and...

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Aust stocks climb at noon

By Michael Roddan The Australian sharemarket has gained momentum after stronger-than-expected GDP data, edging into positive territory after a weak opening. At 12. 05pm (AEST), the benchmark S&P/ASX200 index rose 6. 7 points, or...

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Economic growth slows to 0.5 per cent in June quarter

In releasing the national accounts, the Australian Bureau of Statistics said: "Private gross fixed capital formation and final consumption expenditure contributed 0. 3 percentage points each to GDP growth. "Changes in inventories contributed 0....

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GDP beats expectations in Q2

By Mitchell Neems Australian Bureau of Statistics data showed gross domestic product (GDP) in the three months to the end of June grew a seasonally adjusted 0. 5 per cent, driven by capital spending...

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Australian economy slows, but not as much as feared

By Michael Janda Adding most strongly to the June quarter’s economic growth was a rise in inventories, which boosted the quarterly figure by 0. 9 percentage points, as businesses restocked after having let their...

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China's big carbon market experiment

By Mat Hope Companies that need to emit more than the allowances they hold can buy them from companies that make the effort to reduce their emissions – setting a carbon price. In its...