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Data Wrap - labour conditions still weak despite fall in unemployment
In this edition of the SA Data Wrap: a fall in unemployment hides ongoing labour market weakness; still no improvement in wage growth; and overseas arrivals data indicates inbound tourism held up well in December prior to the expected impact of bushfires.
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Data Wrap - some positive signs for new housing activity, but retail sales disappoint
In today’s Data Wrap we review several indicators that are relevant to the building sector, including lending activity, building approvals and office vacancy rates, and consider the latest retail sales data.
Data Wrap - unemployment steady at end of 2019, but employment falls
In the first Data Wrap of 2020, we review today’s labour force figures, and briefly recap other key statistical releases from recent weeks which provide insight into various aspects of South Australia’s recent economic performance.
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Slower economic growth predicted for 2019/20 and further interest rate cuts will not help
South Australian economic growth will be much slower in 2019/20 as a consequence of the slowdown in the national economy becoming entrenched and the global economy losing further momentum, according to the latest Economic Briefing Report from SACES.
Expect problem gambling to worsen under reforms
Giving gamblers ready access to cash and allowing electronic gaming machines to accept banknotes will only worsen the situation for problem gamblers in South Australia.
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Data Wrap - retails sales remain sluggish as confidence declines
In this edition of the Data Wrap we review the latest ABS data on retail sales and building approvals, and explore what the latest Bank SA State Monitor has to say about consumer and business confidence in South Australia.
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Land tax debate: wholesale reform needed
A new report from University of Adelaide economists argues that the South Australian Government should consider wholesale reform to land tax.
Newstart debate must focus on people not politics
A new report from University of Adelaide economists has added to the national debate about the Newstart Allowance, arguing that Newstart should be increased by as much as $120 a week and urging politicians to address the issue with maturity.
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Regional gaming machine data reveals a dormant gambling market, new highest spender
SACES today released its latest gambling database which provides regional data on electronic gaming machine (EGM) activity in hotels and clubs in South Australia. It reveals that EGM activity at the state level has been dormant but there have been some notable changes in relative expenditure at the regional level.
Data Wrap - Employment remains stalled
In today’s Data Wrap we review the September Labour Force Survey results and consider what the latest data on home loan activity has to say about the direction of the residential building and property markets.