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1.Market Observations, 8.Was Sticky

6 June 2017 (AFR) – Job ads rise, corporate profits surge ahead of GDP

(6 June 2017, AFR, p3, by Jacob Greber)

‘Fears that the first quarter saw a fall in gross domestic product have eased after official data showed a surge in first-quarter company profits and inventories. As separate figures recorded the third straight month of growth in job advertisements in May, the Australian Bureau of Statistics said corporate profits rose 40 per cent in the first quarter from a year earlier. Inventories also rose, adding 0.4 percentage…’

Read more at AFR.com (might need AFR login access, or try: AFR.com/trial)

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