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Retail Spending Growth To Slow In Q1

Retail spending is expected to slow during the first few months of 2015 after the strong Christmas trading period.

The Australian Food & Grocery Council-CHEP retail index was just 2.4 per cent higher for the March quarter compared to a year earlier, almost half the 4.4 per cent rate in...

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Australian Equities Market

THIS MORNING

In Australia, data on export and import prices is released. In the US, weekly data on claims for unemployment insurance is released with pending home sales.

OVERNIGHT MARKETS

US Equities

US sharemarkets were mixed on Wednesday. Solid earnings from Apple boosted investor sentiment, especially in the technology sector. Shares in Apple rose by 7.7 per...

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ACOSS Budget Submission Calls On Hockey

The peak social welfare group is urging the Federal Government to focus on closing tax loopholes, rather than making spending cuts, to repair the budget.

In its budget submission for 2015-16, the Australian Council of Social Service (ACOSS) said more than $13 billion of savings would be available next financial year,...

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Australian Equities Market

In Australia, the Consumer Price Index is released with the weekly consumer confidence index. In the US, the Federal Reserve hands down its monetary policy decision. Weekly mortgage finance data is released.

OVERNIGHT MARKETS

US Equities

US sharemarkets fell sharply at the start of trade on a raft of concerns such as Greek debt, lower business...

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