19/08/2018
Australian population growth is slowing as fewer people arrive and a record number head abroad
TenplayThe Tribe has spoken. Australia’s population grew by 388,000, or 1.6%, in 2017, according to data released by the ABS today. Net overseas migration accounted for 62% of the increase with the remaining coming from natural increase. Australia’s population is expected to hit 25 million in August this year. Australia’s population grew by 388,000, or 1.6%, last year, according to data released by the
The Australian dollar’s losing streak is over
The Australian dollar operated in a thin trading range on Thursday, recovering from earlier losses to close modestly in the black. The US dollar index hit a 12-month high before reversing in the second half of the session, weighed down by soft US economic data and hawkish language from two major European central banks. PMI reports dominate the economic calendar today. OPEC will also