RBA chilled out as expected

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RBA leaves rates at 2%, but retains an easing bias The decision by the RBA to leave interest rates on hold at 2% provided no surprises. The post meeting statement... Read more continue reading

Business credit rises at fastest pace 6½-years

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Business Indicators; Inflation; Private sector credit; Weekly petrol prices Lending up: Private sector credit (lending) rose by 0.7 per cent in October after a similar rise in September. Annual credit... Read more continue reading

Weekly market update – week ending 27 November, 2015

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Investment markets and key developments over the past week The past week was mixed for shares with Eurozone shares up on good economic data and expectations for further ECB easing,... Read more continue reading

Business investment continues to slide

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Capex – QIII 2015 The 4th estimate of 2015‑16 capital spending came in at $120.4bn, slightly better than expected. Mining plans came in at $56b and non‑mining plans are now... Read more continue reading

Largest fall in business investment on record

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Business investment Investment slides: New business spending on buildings and equipment fell by 9.2 per cent in the September quarter – the largest quarterly fall on record and the fifth... Read more continue reading

Weekly market update – week ending 20 November, 2015

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Investment markets and key developments over the past week Share markets bounced back over the last week helped along by a combination of okay earnings news in the US and... Read more continue reading

Wages ahead of prices…just

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Wage price index Slow wage growth: The wage price index rose by 0.6 per cent in the September quarter after a 0.6 per cent rise in the June quarter. Annual... Read more continue reading

Consumers still confident; Optimistic RBA

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Reserve Bank Board minutes; Consumer confidence Reserve Bank Board minutes upbeat on growth: “The prospects for an improvement in economic conditions had firmed a little over recent months”. The Reserve... Read more continue reading

Weekly market update – week ending 13 November, 2015

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Investment markets and key developments over the past week The past week has seen shares under pressure again as worries about a Fed rate hike next month driving the $US... Read more continue reading

New lending hits 7½-year highs

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Lending finance; Credit & Debit cards Lending: Total new loans (personal, business, housing & lease) rose by 6.4 per cent in September to a 7½-year high of $75.3 billion. It... Read more continue reading