Economy

Out of options on RBA rates

Given the gloomy coronavirus outlook the Reserve Bank could keep Australia’s historic low cash rate at 0.25% for the next three years 5 May 2020 | Shane Oliver, AMP Capital As widely expected, at its May meeting […]

APAC News exterior of Reserve Bank Building Sydney
News

No Christmas rate cut from Reserve Bank

Wait and see as the RBA announces it will keep rates on hold 3 December 2019 | Shane Oliver, AMP Capital Markets Chief Economist As widely expected by economists (including myself) and the money market […]

Shoppers in Sydney's Westpac Plaza
Economy

Reserve Bank leaves cash rate at 0.75%

RBA pauses but the consensus view is that rates will come down sooner rather than later As widely expected, Australia’s Reserve Bank did not move on interest rates at its November board meeting 5 November […]

APAC-News-Crane-Above-Martin-Place-Sydney-RLB-Australian-Crane-Index
Economy

Cranes and other things lift the markets

The number of cranes across Australian cities remains at a high level with the strength in Sydney and Melbourne More cranes above city skylines point to economic activity as other market indicators show positive signs […]