The numbers you need

$8.8 billion

$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.

InvestSMART FORUM: Come and meet the team

We're loading up the van and going on tour from April to June, with events on the NSW central & north coast, the QLD mid-north coast and in Perth, Adelaide, Melbourne, Sydney and Canberra. Come and meet the team and take home simple strategies that you can use to build an investment portfolio to weather any storm. Book your spot here.

Want access to our latest research and new buy ideas?

Start a free 15 day trial and gain access to our research, recommendations and market-beating model portfolios.

Sign up for free

Related Articles