Tags » RBA

Cash rate cut to 1.75% as at 4 May 2016

Another record low cash rate! The RBA cash rate statistics page doesn’t even record the last time it was as low as 1.75%, only going as far back as January 1990. 225 more words

Financing

AUD: the Labour non-event drives away RBA moves

The release during the night of the Australian labour data have a bit disappointed the market and revealed nothing new on the economic situation of the Country: the April Unemployment Rate was flat at 5,7% against a previous 5,8%, while the Employment Change was a slight 10,8k (12,0 previous) a lot under the expectations. 202 more words

FX Morning

19 May 2016 (TheAge) - Wage growth hits new 18-year low

(19 May 2016, The Age, BusinessDay, p27, by Mark Mulligan)

‘Wage growth has hit a new 18-year low, adding to pressure on the Reserve Bank of Australia to follow its recent cut to the cash rate with another one in August. 39 more words

1.Market Observations

Season's end

The final concert of the year involving members of the Ensemble Studio took place yesterday in the RBA.  First up were Charles Sy and Hyejin Kwon with Britten’s… 282 more words

Rba

New motor vehicle sales lower in Qld than before financial crisis

New motor vehicle sales data for April released by the ABS yesterday support the RBA Board’s decision to cut the cash rate on Budget day earlier this month, with sales down 2.5% in April nationwide, and down 7.7% in Queensland, but I would note the data tend to be volatile (see the… 122 more words

Queensland

17 May 2016 (TheAge) - Australian 10-year bond yield at lowest ever

(17 May 2016, The Age, BusinessDay, p27, Mark Mulligan ,Senior markets and economy writer, View more articles from Mark Mulligan)

‘Australia’s10-year government bond yield has hit its lowest point ever, signalling at least one further cash rate cut by the Reserve Bank of Australia (RBA). 50 more words

1.Market Observations