Entries by Curve

Sept 2014 Monthly Insights

• Australia posted growth of 3.1% in the year to 30/06/2014 marking the end of its 23rd year without a technical recession. • “Real” growth of 3.1% masks the fact that nominal growth is only half the decade average • So even though the RBA has signaled it will not be cutting rates again, overall […]

August 2014 Monthly Insights

• Emerging clouds over the economic outlook are growing more ominous. • Weak employment data and RBA downgrades have stoked expectations of a rate cut. • Market forces of supply and demand are assisting the RBA, with the preconditions for any adjustment in official rates still absent. Rates Recap • The RBA left the cash […]

July 2014 Monthly Insights

• The balance of risks to the Australian economy appear to be shifting • Poor trade balance and retail sales figures along with subdued consumer confidence and a stubbornly high Australian Dollar are casting a dark shadow over the economic outlook. • Solid jobs numbers show US economic strength, which could assist with global growth […]