Federal Election Wrap: A look at the implications of the unexpected Coalition victory

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Mid-Session Report

24 May 19, 12:30pm (AEST). The Australian market is falling for a second day, as concerns of a deepening US-China trade war is fuelling a flight to safety for local equities. PREVIOUS REPORT

Rate cut likely in June

21 May 19. The Reserve Bank, in CommSec's view, is likely to cut interest rates at both the June and August Board meetings, acknowledging some recent weakness in the labour market.

Federal Election Wrap

20 May 19. The Government’s economic strategy was effectively outlined in the April Budget. We take a look at the range of implications in the face of the unexpected  Coalition victory.  

Weak skilled job vacancies growth

22 May 19. In trend terms, the Internet Vacancy Index (IVI) fell by 1.6 per cent to 81.2 points in April after falling by 1.8 per cent in March.

Older workers find it tougher

23 Apr 19. In the year to April the unemployment rate for 55-64 year old Aussies was 4.2 per cent, up from 3.6 per cent back in 2013 and above record lows of 2.6 per cent.

Petrol hits 6-month high

20 May 19The national average price of unleaded petrol rose by 3.7 cents in the past week to a 6-month high of 152.8 cents a litre.

Record construction in three states

22 May 19. Construction work done fell by 1.9 per cent in the March quarter after a 2.1 per cent fall in the December quarter. 

CBA Business Sales Indicator

21 May 19. Economy-wide spending hasnt been unduly affected through the election period. The Commonwealth Bank Business Sales Indicator rose by 0.5 % in April.

The Week Ahead

24 May 19. In the coming week in Australia, updates on business investment, building approvals and credit growth feature on the data docket. US markets will be closed on Monday for the Memorial Day public holiday. WATCH VIDEO 

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