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The business week in numbers

Shares in Crown Resorts hit an eight month low and the unemployment rate fell too. Here are some of the numbers that grabbed attention - or should have - in the business world this week.


70.6 per cent - The national auction clearance rate rose to 70.6 per cent in the week to October 15, up from 64.6 per cent in the prior week, which was the lowest clearance rate since January 2016. The highest preliminary clearance rate was recorded in Melbourne, followed closely by Canberra. The combined home values across Sydney, Melbourne, Brisbane, Adelaide and Perth were unchanged in the week.


$US7,000 - The price of copper rose almost four per cent, breaking through the $US7,000 mark for the first time in three years. Optimism about demand was fuelled by a number of pieces of economic data, including from copper's top consumer, China.


Six per cent - Shares in Crown Resorts plunged by more than six per cent to an eight month low of $11.01 after allegations of misconduct were tabled in federal parliament. Whistleblowers claimed the casinos operator deliberately tampered with poker machines, ignored illicit drug use and domestic violence, seeing more than 2.1 million shares change hands before midday.


5.5 per cent - Unemployment fell in September, marking 12 consecutive months of jobs growth and meaning jobs are being created in Australia at the best rate since before the global financial crisis. The surprise drop from 5.6 per cent came after nearly 20,000 new jobs were created, according to Australian Bureau of Statistics data.


5,900 points - The Australian share market hit its highest level since early May, propelled by strong commodity prices, US tax reform optimism and growing global economic strength. The benchmark S&P/ASX 200 index went above 5,900 on Friday, to record its third consecutive week of gains.