An interesting development overnight was the Australian Q2 inflation data which is approaching the higher band of the 2-3% RBA target range. Australia’s trimmed mean CPI, the indicator the RBA officials look at which excludes volatile items that are included in CPI, rose from 2.6% to 2.9% in the second quarter (expected at 2.7%). 233 more words
Tags » Stevens
Low interest rates are doing what they’re supposed to for the economy but the RBA will do more if needed, governor Glenn Stevens says.
RBA will cut again if needed, Stevens
Shakin Stevens Residence by Matt Gibson
July 13th, 2014 – Posted in Architecture
The contemporary “Shakin Stevens” home designed by Matt Gibson. White interior is dominant with highlight color feature. 29 more words