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

Business Day 30/4/2013 – Derek Mumford

Stock rally pushes dollar higher The Australian dollar has closed higher, climbing above 103.5 US cents as a positive day on equity markets supported the currency. The Australian dollar was trading... » Read more

The Australian 25/4/2013 – Derek Mumford

Banks lead broad gains driven by inflation data THE sharemarket surged 1.7 per cent yesterday as banks led broad-based gains following lower-than-expected domestic inflation data and stronger offshore markets. The... » Read more

AU Q1 CPI report gives RBA room to move

The Australian Bureau of Statistics released Q1 2013 CPI data today at 11.30am AEST. Consumer prices rose by 0.4% in Q1. (0.7% exp) The annualised figure rose by 2.5%.... » Read more

Herald Sun 17/4/2013 – Richard Breen

$A lower on commodity price concerns THE Australian dollar is lower as recent falls in the gold price stoke uncertainty about other commodities. At 1700 AEST on Wednesday, the currency was... » Read more

March Jobs report a shocker

The Australian Bureau of Statistics released the Employment report for March 2013 at 11.30am AEST today. The unemployment rate rose to 5.6%. (5.4% exp) Net employment decreased by 36,100. (-7.5k... » Read more

RBA March minutes

The RBA released the minutes of the March 5th Board meeting where they kept rates on hold at 3.00%, at 11.30am AEDT today. The pertinent points were: • Says... » Read more