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The total value of new loan commitments for housing and the value of owner occupier home loan commitments both reached record highs in November 2020,...

Date Time Job vacancies surpass pre-COVID level: Australia The number of job vacancies in Australia increased by 23 per cent over the November 2020 quarter, according to new seasonally adjusted figures from the Australian Bureau of Statistics (ABS). On an annual basis, job vacancies were 12 per cent higher than November 2019. Bjorn Jarvis, head of Labour Statistics at the ABS, said: “Job vacancies rose by 48,000 in the November 2020 quarter, following the sharp rise of 77,000 in August, as COVID-related restrictions continued to be relaxed across Australia. “There were 254,000 job vacanci...

Peter Gutwein,Premier Strong results in a number of recent economic reports has confirmed Tasmania's economy is continuing to recover from the COVID-19...

Date Time Retail sales rose 7.1% in November: Australia Australian retail turnover rose 7.1 per cent in November 2020, seasonally adjusted, according to the latest Australian Bureau of Statistics (ABS) Retail Trade figures. This updates the preliminary result of 7.0 per cent, and follows a rise of 1.4 per cent in October 2020. Ben James, Director of Quarterly Economy Wide Surveys, said: “The rise is led by Victoria (22.4 per cent) as Melbourne retail stores were able to trade for a full month in November. Excluding Victoria, turnover rose 2.6 per cent.” Other states and territories to rec...

Private sector house approvals rose for the fifth consecutive month in November and, seasonally adjusted, were at the highest recorded level since...