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
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
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
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