• Australian interest rates July 2017

    Australian interest rates July 2017 Australian interest rates July 2017

    Bill Evan, Chief Economist says “Australian interest rates: on hold 2018 prospects unconducive to hikes. RBA holds rates steady for the 11th consecutive month and Governor delivers a neutral statement. Despite this, markets have priced in a hike for 2018 taking their cue from offshore markets and official forecasts of above trend growth. However, we see growth disappointing in 2018 keeping the RBA on hold in 2017 and 2018 at 1.50%.”

  • RBA July policy decision

    RBA July policy decision RBA July policy decision

    RBA leaves cash rate on hold at 1.50% with mostly minor changes to the Governor’s decision statement.

  • The Australian economy June 2017

    The Australian economy June 2017 The Australian economy June 2017

    Andrew Hanlan, Senior Economist says “Australian economy: weather impacts Q1 conditions to rebound from disruptions. The Australian economy, a bumpy ride of late impacted by weather disruptions sees output growth dip to 1.7%yr, a post GFC low. Conditions to bounce back as operations return to normal and some encouraging signs as employment strengthens. However, upside is capped as weak wages growth persists restraining consumer spending.”

  • Australian interest rates June 2017

    Australian interest rates June 2017 Australian interest rates June 2017

    Matthew Hassan, Senior Economist says “Australian interest rates: firmly on hold as RBA reaffirms positive growth view. Cash rate going nowhere the RBA showing no clear policy bias but reaffirming its positive medium term growth view. Some minor shifts in emphasis but no substantive changes with housing again prominent in the policy discussion. Our ‘no change’ view on rates is despite a weaker growth forecast and reflects the Bank’s evolving views on financial stability risks which will continue to factor in deliberations.”

  • RBA June policy decision

    RBA June policy decision RBA June policy decision

    RBA leaves official cash rate unchanged at 1.50%.

  • May RBA decision

    May RBA decision May RBA decision

    Reserve Bank Board leaves cash rate unchanged - more confident about labour market; forecasts unchanged.

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