Insights

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

RBA holds rates in June

At its Monetary Policy meeting today, the RBA kept interest rates at 3.50%. The key points in the accompanying statement were: - Growth in world economy has softened - Exchange rate... » Read more

Aussie Retail Sales higher in June, Trade Balance still in surplus

The Australian Bureau of Statistics released June 2012 Retail Sales and Trade Balance data at 11.30am AEST today. Retail Sales rose by 1% in June, better than the 0.7% rise... » Read more

Australian Consumer Prices just below expectations, still in bottom of RBA’s band

The Australian Bureau of Statistics released Q2 2012 CPI data today at 11.30am AEST. Consumer prices rose by 0.5% in Q2, slightly less than the 0.6% forecast. The annualised figure... » Read more

Bloomberg 14/06/12 – Thomas Averill

Dollar Remains Lower Against Euro Before U.S. CPI Data The dollar remained lower against the euro following a two-day slide before U.S. data that may show consumer prices fell,... » Read more

Employment growth beats expectations in May

The Australian Bureau of Statistics released the Employment report for May 2012 at 11.30am AEST today. The unemployment rate ticked up to 5.1% from 4.9%. Net employment increased by 38,900 in... » Read more

Aussie Q1 GDP much stronger than expected

The Australian Bureau of Statistics released first quarter 2012 GDP at 11.30am AEST today. GDP for Q1 rose by 1.3%, much stronger than the 0.6% increase expected. The annualised figure came... » Read more