Insights

Australian Core Inflation Near Middle of RBA Target Band

TThe Australian Bureau of Statistics released Q3 2012 CPI data today at 11.30am AEDT. Consumer prices rose by 1.4% in Q3, more than the 1.0% expected. The annualised figure... » Read more

Bloomberg 23/10/12 – Derek Mumford

The yen weakened past 80 against the dollar as signs that the world’s third-largest economy is moving closer to contraction fanned speculation that the Bank of Japan (8301) will... » Read more

Sydney Morning Herald 23/10/12 – Derek Mumford

The release of the government's mid-year economic and fiscal outlook has provided the Reserve Bank with more ammunition for a Melbourne Cup day rate cut, analysts say. The government unveiled... » Read more

Aussie unemployment rate at 2.5 year high

The Australian Bureau of Statistics released the Employment report for September 2012 at 11.30am AEST today. The unemployment rate rose to 5.4% from 5.1%. Net employment increased by 14,500, much more... » Read more

Aussie Retail Sales weak in August, Building Approvals down from a year ago

The Australian Bureau of Statistics released August 2012 Retail Sales and Building Approvals data at 11.30am AEST today. Retail Sales rose by 0.2% for the month, less than the 0.4%... » Read more

Aussie August Trade Balance a shocker

The Australian Bureau of Statistics released the August 2012 Trade Balance data at 11.30am AEST today. The Trade deficit came in at -A$2.027 billion, much worse than the -A$685 million... » Read more

RBA cuts rates to 3.25%, statement dovish

At its Monetary Policy meeting today, the RBA cut interest rates to 3.25%. The key points in the accompanying statement were: - Risk to global GDP outlook still seen to... » Read more

Net employment down in June, participation rate near 6 year low

The Australian Bureau of Statistics released the Employment report for August 2012 at 11.30am AEST today. The unemployment rate declined to 5.1% from 5.2%. Net employment decreased by 8,800, well below... » Read more

RBA holds fire in September

At its Monetary Policy meeting today, the RBA kept interest rates at 3.50%. The key points in the accompanying statement were: - Risks to global growth outlook still on downside -... » Read more

Employment increases more than forecast in July

The Australian Bureau of Statistics released the Employment report for July 2012 at 11.30am AEST today. The unemployment rate remained steady at 5.2%. Net employment increased by 14,000 jobs, ahead of... » Read more

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