• 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.

  • Australian interest rates April 2017

    Australian interest rates April 2017 Australian interest rates April 2017

    Bill Evans Westpac's Chief Economist says “Australian interest rates: on hold 2017 & 2018, risks with over-regulation. RBA holds rates steady shifting focus to new regulatory initiatives aimed at containing build-up in leverage risk. Such policies worked well in 2015 expect further action by RBA and APRA. House prices have fallen on two recent occasions cushioned by RBA rate cuts. AUD to fall in 2018, boosting economy.”

  • April RBA decision

    April RBA decision April RBA decision

    RBA holds rates steady; more concerned about the labour market but emphasises risks around household leverage.

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