Insights

RBA On Hold In July; reiterates scope for further easing

Dear Chris, At its Monetary Policy meeting today, the RBA kept rates on hold at 2.75%. The key points in the accompanying statement were: - Says CPI outlook may provide scope for... » Read more

Aus Jobs Report Better Than Expected In May

The Australian Bureau of Statistics released the Employment report for May 2013 at 11.30am AEST today. The unemployment rate remained steady at 5.5%. (5.6% exp) Net employment increased by 1,100.... » Read more

Sydney Morning Herald 7/6/2013 – Derek Mumford

Dollar back on the roller-coaster The Australian dollar has plunged back below 95 US cents, giving up most of its strong overnight gains in another day of volatile trading. The currency... » Read more

Trade Balance Remains in Surplus for April

The Australian Bureau of Statistics released the April 2013 Trade Balance data at 11.30am AEST today. The Trade surplus came in at A$28 million. (+A$180m exp, +A$307m prev) Imports rose... » Read more

Aussie growth slows in Q1 2013

The Australian Bureau of Statistics released first quarter 2013 GDP at 11.30am AEST today. GDP for Q1 rose by 0.6%. (0.7% exp) The annualised figure came out at 2.5%. (2.7%... » Read more

RBA holds fire at June meeting

At its Monetary Policy meeting today, the RBA kept rates on hold at 2.75%. The key points in the accompanying statement were: - Says inflation may provide scope to ease - Global growth... » Read more

The Australian 13/5/2013 – Derek Mumford

$A stuck around parity THE Australian dollar is stuck around the 100 US cent mark as expectations grow that stimulus efforts in the world's largest economy will be wound back. At... » Read more

Business Day 13/5/2013 – Thomas Averill

Tide turns for the dollar The Australian dollar is tipped to remain under pressure against the US dollar as the greenback continues to strengthen. The dollar was at US99.90¢ in late... » Read more

ABS jobs yo-yo continues

The Australian Bureau of Statistics released the Employment report for April 2013 at 11.30am AEST today. The unemployment rate dipped to 5.5%. (5.6% exp) Net employment increased by 50,100. (11k... » Read more

RBA cuts by 25 bp’s to 2.75%

At its Monetary Policy meeting today, the RBA cut rates by 25bp’s to 2.75%. The key points in the accompanying statement were: -growth close to trend in 2012 - China growth... » Read more

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