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$8.8 billion
By · 6 Nov 2013
By ·
6 Nov 2013
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$8.8 billion

... was the size of the special grant from the federal government to re-capitalise the Reserve Bank, with the aim of enhancing "the bank's capacity to conduct its monetary policy and foreign exchange operations".

2.2 per cent

... is the annual inflation rate measured by the consumer price index despite a 1.2 per cent jump in the September quarter. The underlying rate used by the Reserve Bank is an annual 2.3 per cent.

60 per cent

... percentage of invoices not paid by businesses within the standard 30-day payment period. On average, the bills are paid 23 days after the 30-day period.

6.4 per cent

... the lift in new home sales in September, nationally, from the previous month. September had the strongest sales for 27 months and was the strongest lift in sales for 17 months.

7.8 per cent

... was the annual growth rate of the Chinese economy in the September quarter, up from the June quarter's 7.5percent.
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Frequently Asked Questions about this Article…

The $248.8 billion special grant from the federal government was aimed at re-capitalising the Reserve Bank to enhance its capacity to conduct monetary policy and foreign exchange operations.

The $248.8 billion grant from the federal government was aimed at re-capitalising the Reserve Bank to enhance its capacity to conduct monetary policy and foreign exchange operations.

The annual inflation rate is currently measured by the consumer price index, which stands at 2.2% despite a 1.2% jump in the September quarter. The underlying rate used by the Reserve Bank is 2.3% annually.

The current annual inflation rate is 2.2%, as measured by the consumer price index, despite a 1.2% jump in the September quarter. This rate can impact everyday investors by influencing interest rates and the purchasing power of their investments.

60% of invoices are not paid by businesses within the standard 30-day payment period. On average, these bills are paid 23 days after the 30-day period.

60% of business invoices are not paid within the standard 30-day payment period, with bills being paid on average 23 days after the 30-day period.

There was a 6.4% increase in new home sales nationally in September from the previous month, marking the strongest sales for 27 months and the strongest lift in sales for 17 months.

New home sales saw a 6.4% increase in September, marking the strongest sales for 27 months and the most significant lift in sales for 17 months.

The annual growth rate of the Chinese economy in the September quarter was 7.8%, up from the June quarter's 7.5%.

The Chinese economy experienced an annual growth rate of 7.8% in the September quarter, up from the June quarter's 7.5%.

The Reserve Bank's underlying inflation rate is slightly higher at 2.3% compared to the consumer price index's 2.2% because it accounts for more stable, long-term trends in inflation, smoothing out short-term volatility.

The underlying inflation rate, which is currently at 2.3%, is important for investors as it provides a more stable measure of inflation, helping them make informed decisions about interest rates and investment strategies.

The delay in invoice payments, with 60% not paid within the standard 30-day period and an average delay of 23 days, can affect businesses by impacting their cash flow and financial planning.

Late invoice payments, with 60% of invoices not paid within the standard 30-day period, can affect a business's cash flow and financial planning, potentially impacting their ability to invest and grow.

The strong lift in new home sales in September, with a 6.4% increase, could be attributed to favorable market conditions and possibly government incentives or economic factors encouraging home buying.

The growth of the Chinese economy, with a 7.8% annual growth rate in the September quarter, can influence global markets by affecting trade, investment opportunities, and economic stability, making it a key factor for global investors to watch.