Rates on Hold … For Now!

Inflation Watch
Yesterday, the Reserve Bank left the cash rate unchanged at 4.75%. And these graphs will help to explain their current dilemma.

For the time being, the RBA’s focus is upon “inflation excluding volatile items” — mainly because of the various natural disasters, both here and overseas. [Read more…]

Will They … or Won’t They?

Balance

Balance

Last month, the RBA left rates on hold — because of what it saw as mixed signals within the Australian economy.

And the rising $A is certainly making its job easier, by generally cooling activity.

Work Allocation

Work Allocation

Growth within the Construction industry appears to have fallen to its lowest level in 18 years. Although turnover for mining and processing plants has once again returned to its path of upward growth.
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