Retail turnover grows 0.4% in September
Retail turnover improved across most Australian states and industries in September, continuing a streak of slim overall gains, ABS data shows
Retail turnover improved across most Australian states and industries in September, continuing a streak of slim overall gains, ABS data shows
The RBA on Tuesday voted to trim the cash rate by 25 basis points to 4.5%, marking the first cut since early 2009
Australia's GDP increased by 2.1% in 2011 during the 20th year of growth, ABS data shows, and the nation's total net worth gained by more than $62b
Australian economic growth is showing early indications of swinging from well below trend in 2011 to above trend in early 2012, but Westpac (ASX:WBC) cautions it is too early to be sure
Australians will spend $30.2b on online transactions this year, with 97% of internet users having shopped online at least once, research from PayPal states