RBA Governor says growth could be higher. It’s not just about interest rates

From

RBA Governor’s Testimony – August 2014 The Governor’s opening statement forecast that growth of 2‑3%pa is the most likely outcome for 2014/15 and inflation to remain consistent with the 2%

continue reading

CBA Economics: RBA maintains stable cash rate outlook.

From

RBA Board Minutes – August 2014 The RBA maintained its guidance that “the most prudent course was likely to be a period of stability in rates”. The tone was in

continue reading

Perspective: The week ahead

From

The ECB cut rates and introduced aggressive expansionary measures to lift EZ growth. The US payrolls data tonight will likely set the tone for markets next week. The US and

continue reading

2014/15 Budget Preview

From

The Commission of Audit set out the fiscal parameters. The Government’s initial response will come on Budget night. The Budget will be “tough” – but measures may be back‑end loaded.

continue reading

The Week Ahead, 17 February, 2014

From

Events in the Crimea are expected to keep driving volatility across financial markets in the coming week The mid‑week US FOMC meeting, chaired by Janet Yellen, is likely to announce

continue reading

Population rose by 407k over the past year to 23.13 million

From

Population – June Quarter 2013 Australia’s population rose by 95.7k in QII to 23.13 million.  Over the past year it rose by 407k or 1.8% which is high by global

continue reading

Household debt trends

From

Australian households have housing debt levels that are high by international standards. But income and asset characteristics of relevant households suggest that they can service the debt comfortably. Housing loans

continue reading