Low inflation keeps door open for RBA on interest rates

Monday, April 29th, 2013

The Australian Bureau of Statistics (ABS) released the Consumer Price Index figures for the first quarter of 2013 earlier this week.  The figures, which measure inflation, showed an increase of 0.4% over the quarter following a 0.2% rise over the December 2012 quarter.  Based on data over the past six ...

Reserve Bank gives Melbourne a gloom injection

Monday, April 1st, 2013

Want a good read? Check out the Reserve Bank’s Financial Stability Review. Sure, it’s not everyone’s cup of tea, but this report which is published half yearly is an absolute treasure trove for anyone interested in the Australian economy, or more importantly, how the Reserve Bank is interpreting economic data ...

Resources sector propped up by eleven mega projects

Sunday, December 9th, 2012

With the mining sector and commodity prices such a topical issue at the moment (for all the wrong reasons), it’s worthwhile having a look at the latest statistics regarding Australia’s resources and energy sector.  As you can see from the Reserve Bank’s ‘Commodity Price Index’ below, non-rural commodity prices are ...

Reserve Bank: Go forth and save

Monday, October 1st, 2012

The Reserve Bank’s bi-annual ‘Financial Stability Review’ is always a good read for anyone interested in domestic and overseas economic conditions.  The Review is focussed on assessing Australia’s financial system and any potential risks to financial stability.  Working to ensure a strong financial system and efficient payments system is one ...

August rate cut now off agenda: Westpac

Wednesday, July 18th, 2012

RBA minutes indicate no urgency to adjust rates again. 17 Jul 2012 10:26 AM View full post on WBC | RSS Business News Feed | Business Spectator