Insights

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

Business Day 1/6/12 – Derek Mumford

May losses put at $100b MAY was a month many investors would rather forget as heightened worries about Greece and other debt-laden European economies sent sharemarkets and the... » Read more

Aussie April Retail Sales disappoint, Construction work rebounds in Q1

The Australian Bureau of Statistics released April 2012 Retail Sales and Q1 Construction data at 11.30am AEST today. Retail Sales declined by 0.2%, much less than the 0.2% rise expected. Construction... » Read more

The Age – Derek Mumford 16/05/12

Miners smashed as Greek crisis sparks sell-off Australian shares slumped to a two-month low today, led by resources stocks, on intensifying worries of a possible messy Greece exit from... » Read more

The Age – Derek Mumford 01/05/12

RBA slashes interest rates The central bank today cut its official cash rate by 50 basis points - twice the amount expected by economists - to 3.75 per cent. Today’s... » Read more

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