ANZ questions if RBA cut will help
A senior ANZ executive says the RBA was right to cut rates last week even though "it will be interesting though to see how much this [cut] will actually help".
A senior ANZ executive says the RBA was right to cut rates last week even though "it will be interesting though to see how much this [cut] will actually help".
The RBA would be on a slippery slope to ruin if it opts to lower the inflation target.
Former Reserve Bank of Australia board member Warwick McKibbin has become the latest high-profile economist to call for more infrastructure spending rather than extra interest rate stimulus to spur the economy and lift slowing inflation.
Slumping infrastructure spend - particularly roads - will pull overall construction output lower, just as the labour-heavy residential sector starts slowing, says industry body ACIF, publishing figures that show a deterioration over the last six months.
Loans to investors rose 1.5 per cent in March to their highest level in six months, the latest Australian Bureau of Statistics figures show.
Goldman Sachs says the US dollar slump is over.
The election campaign come to this: Labor is lecturing the Turnbull Government on the need for greater fiscal rectitude.
The Reserve Bank has been urged to lower its long-standing 2-3 per cent price target to recognise softer inflation.
How much lower will the RBA go? Is the RBA finally joining global central banks in their race to zero per cent rates?
Any lift to consumer confidence from last Tuesday's cash rate cut appears to have been wiped out by the federal budget, handed down five hou...
Three of the world's most influential bond investors say the Federal Reserve is still on course to raise interest rates this year.
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