The Top 5: Prepare yourself for the week ahead with a look at some of the major events 

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Evening Report

17 Oct 19, 4:30pm (AEDT). The Aussie market has snapped a five session winning streak on Thursday with the ASX 200 ending the day -51.8 points or -0.77% lower to 6684.7. PREVIOUS REPORT

Petrol prices slide

14 Oct 19. The national average price of unleaded petrol fell by 6.6 cents a litre last week, down from a 5-month high of 152.7 cents a litre to 146.1 cents a litre. It was the biggest weekly fall in 9½ months.

Aussie tourism shines

15 Oct 19. Tourist arrivals rose by 2.7 per cent in August to record highs with departures up by 1.5 per cent. There were record tourism inflows from nine separate countries including Hong Kong.

Retail sales rise

4 Oct 19. Retail trade rose by 0.4 per cent in August after an unchanged result in July. It was the strongest lift in spending in six months. Sales at retail chains and other large retailers soared 0.7 per cent in August. Aussies spent more on toys, sports gear, clothing and shoes. 

Lending to households rise

10 Oct 19. Lending to households rose by 3.2 per cent in August after a 4.3 per cent lift in July. It was the biggest back to back increase in household lending in a decade.

House building falls

9 Oct 19. The number of dwelling starts rose by 1.1 per cent in the June quarter. Currently, 207,269 homes are being built – the lowest level in 3½ years. House starts fell by 10.5 per cent in the June quarter – the biggest decline in 10½-years.

Month in review -September

2 Oct 19. Sharemarkets in September were influenced by the drone strike in Saudi Arabia; developments in the US-China trade war and central bank rate decisions.

Global growth to lift

8 Oct 19.  The International Monetary Fund expects global economic growth to lift from 3.0 per cent to 3.4 per cent in 2020. The Australian economy is now expected to have grown by 1.7 per cent in 2019, but growth is tipped to lift to 2.3 per cent in 2020. 

The Week Ahead

11 Oct 19. A relatively quiet week is in prospect in Australia. The highlights include jobs data, the Reserve Bank Board minutes, CBA’s Household Spending Intentions and a speech by Reserve Bank Deputy Governor Guy Debelle. WATCH VIDEO

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