Insights

RBA keeps rates on hold at 4.75% in August

At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were: - Global growth slowing - Prudent to contain current... » Read more

Aussie CPI ticks up in Q2, AUD near record highs

The Australian Bureau of Statistics released Q2 2011 CPI data today at 11.30am AEST. Consumer prices rose by 0.9% in Q1, ahead of expectations for a 0.7% rise. The annualised... » Read more

RBNZ holds fire on rates for now

The RBNZ have left interest rates on hold at 2.50% this morning for the third consecutive meeting. In the accompany statement Governor Allan Bollard said "provided current global financial... » Read more

July RBA minutes drop reference to need for tighter policy at some stage

The RBA released the minutes of the July 5th Board meeting where they kept rates on hold at 4.75%, at 11.30am AEST today. The pertinent points were: - DROPS REFERENCE... » Read more

Sydney Morning Herald 18/7/2011 – Derek Mumford

Banks cut fixed-rate mortgages A string of banks have lowered costs on their fixed-rate mortgages in recent days, while the dollar has slumped against the greenback in a ... » Read more

Aussie rates on hold again in July, RBA continues to sound less hawkish

At its Monetary Policy meeting today, the RBA kept rates on hold at 4.75%. The key points in the accompanying statement were: - Monetary policy remains appropriate - Global economy continues... » Read more

AUD weaker after May Trade Balance data

The Australian Bureau of Statistics released May 2011 Trade Balance data at 11.30am AEST today. The Trade Balance registered another surplus at A$2.33 billion, above the A$1.9 billion expected. Imports were... » Read more

Aussie Retail Sales disappoint in May

The Australian Bureau of Statistics released May 2011 Retail Sales and Trade Balance data at 11.30am AEST today. Retail Sales declined by 0.6% for the month, well below the +0.3%... » Read more

Sydney Morning Herald 4/7/2011 – Thomas Averill

Dollar slips on soft retail numbers The Australian dollar slipped today after disappointing data bolstered the case for the Reserve Bank to stay on the sidelines for longer. The... » Read more

RBA interest rate hikes likely on hold after disappointing Aussie May jobs report

The Australian Bureau of Statistics released the Employment report for May 2011 at 11.30am AEST today. The unemployment rate remained unchanged at 4.9%. Net employment increased by 7,800, well below the... » Read more

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