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
The Australian Bureau of Statistics released first quarter 2011 GDP at 11.30am AEST today.
GDP for Q1 declined by 1.2%, slightly worse than the -1.1% expected.
The annualised figure came out... » Read more
Dollar Falls Versus Euro on U.S. Slowdown Concern; Aussie Gains After GDP
The dollar fell against the majority of its most-traded peers before reports likely to show U.S. companies hired... » Read more