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The business week in numbers

AAP logoAAP 6/01/2017

Better-than-expected economic data, a surge in property prices, and a heavy financial hit to one of Australia's leading mining and metals companies - here's some of the numbers that mattered this week.


10.9 - The average percentage by which Australian capital city home-owners saw the value of their properties rise during 2016. Sydney home prices surged 15.5 per cent, but Perth prices slumped by 4.3 per cent.


136 million - The hit in Australian dollars that miner and metals producer Alumina says it expects from the decision by its AWAC joint venture with US metals giant Alcoa to close the Suralco alumina refinery and bauxite mines in Suriname, and from writing off interest in a Western Australia gas field.


10 - The years since Australia's service sector activity finished as high as it did at the end of 2016. The Australian Industry Group's Performance of Services Index (PSI) rose 6.6 points in December to 57.7 points, rising well above the 50-point level signifying expansion.


1.2 billion - Australia's trade surplus in local dollars in November, the first surplus since March 2014, after exports surged eight per cent on the back of a massive rise in coal and iron ore prices and imports stayed flat. The market had expected a deficit of $500 million.

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