- Geopolitical tensions are currently impacting global energy markets.
- Global oil supply chain disruptions and regional conflict are driving oil price volatility, prompting PM Albanese to announce cost-of-living relief.
- The RBA, ABS, and Commonwealth Bank are monitoring the economic fallout from the Middle East conflict, specifically tracking inflation and supply chain impacts.
ABS reports on total household net wealth, noting falling property prices in Sydney and Melbourne.
14 reports, 5 independent
Updated Aug 31
Gone quiet
- Reports
- 14
- Developments
- 2
- Repetition
- 86%
New informationRepeats or wire copies
AI-generated analysis. Brind wrote this summary from the reports listed below. It can be wrong. Each section says how much you can rely on it, and the sources are linked so you can check.
What happened
ABS reports on total household net wealth, noting falling property prices in Sydney and Melbourne.
Who's involved
What this event is mainly aboutHow it developed
Newest first. Tap a step to see who reported it.Property price declines in Sydney and Melbourne are being tracked by the ABS.1 source
New finding on Australian household wealth ranking.1 source
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The entities involved
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Australian Bureau of Statistics
federal statistics and census agency of the Australian Government
- The Reserve Bank of Australia is managing monetary policy while assessing how geopolitical risks in the Middle East, including conflict status and oil flow, affect the outlook for inflation and the potential benefits of a peace deal.
- The Reserve Bank of Australia and the European Central Bank are facing global economic pressures. Data released on May 27 showed that CPI rose 0.4% in April.
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Sydney
capital city of New South Wales, Australia
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Melbourne
capital city of Victoria, Australia
Related events
- ABS reports on the current state of the Australian economy.
- ABS data reflects national retirement trends in Australia.
- Ray White has provided analysis indicating that both the Sydney and Melbourne property markets are leading the housing downturn following the budget.
- ABS tracks microbusiness numbers in Australia while Spring advises SME clients.