Data Diary

Playing catch-up – so for posterity (well, more for my records) following are the ABS data on Australian retail sales released last week (you can find the ABS release here). The retail sector is clearly lagging the feel-good story emanating from the real estate industry. In my view, the incremental increases in household debt will [...]

Consistent with the global trend to deleveraging – Australia’s latest finance figures show that both businesses and consumers keep reducing their borrowings: Now sure there is some seasonality to January’s numbers – but on a like-for-like basis the total for Jan 2010 was $26.5bn, some 17% lower than last January’s $31.9bn and the lowest since [...]

The OECD composite leading indicator as a signal for the Australian equities market