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Summary of the April RBA monetary policy meeting


International economic conditions

  • Global economic conditions have improved over 2017
  • Growth in industrial production has increased
  • Business conditions in manufacturing and services sectors at high levels…
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Australian Economy

2017 April- RBA leaves cash rate unchanged at 1.5%


The RBA left the cash rate at 1.5% at its April meeting, due to the following reasons:

  • Conditions in the global economy have improved, with both global trade and industrial production picking up.
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Australian Economy

Change in visa 457 will be a “bomb” to explore employment crisis in Australia

The Fact

Visa 457, also known as Temporary Work Visa, “lets a skilled worker travel to Australia to work in their nominated occupation for their approved sponsor for up to four years.” According to the immigration website, this visa provides an opportunity to foreign people with specific skills entering into Australia for temporary work. 282 more words

Australian Economy

Australian economy set to prosper as commodities recover, says IMF

Has Australia overcome the hurdle that is the end of the mining boom? Yes i say.

With the global economy gaining momentum, Australia as a commodity based economy is also predicted to flourish with it. 181 more words

Australian Economy

Latest Addition to the Strengthening Full-time Employment Trend in Australia

The trend of falling full-time employment witnessed through from March 2016 seems to have reversed to full-time growth over recent months. The growth uptrend has been reinforced by the latest data released by the Australian Bureau of Statistics (ABS), as per the March 2017 update. 575 more words

Australian Economy

Australian Politics – Why Voters Are Fed Up: Living Standards Don't Rise

By Andrew Bolt ~

No wonder Australian voters have had it with the two main political parties: there has been no improvement in living standards since 2011. 158 more words

Public Opinion

March employment statistics


  • Figures released by the ABS show that employment grew more than expected last month- but a rise in the participation rate kept unemployment steady at 5.9%
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Australian Economy