-
Minutes of the Monetary Policy Meeting of the Reserve Bank Board
Members commenced their discussion of the Australian economy by noting that year-ended GDP growth in the March quarter had slowed, largely reflecting temporary factors. GDP growth remained below Bank estimates of potential output growth, consistent with spare capacity in the labour market and low inflation. New South Wales and Victoria had continued to make the largest contributions to year-ended growth in domestic demand. Although domestic demand had declined again in Western Australia, there were some signs of improvement in that state. Quarterly growth was expected to have increased in the June quarter despite the ... (full story)
-
RBA Minutes Signal Optimism in Second-Quarter Growth
The Reserve Bank of Australia (RBA) highlighted growing divergences in the domestic economy at its most recent policy meeting, but said the outlook for the second quarter remained generally positive following a slow start to the year. Recent economic data indicate that the June quarter “had been generally positive” amid rebounding consumption growth. However, this segment of the economy remained generally subdued given the record level of household debt bearing down on consumers. Gross domestic product (GDP) expanded just 0.3% in the March quarter. Officials voted to keep the overnight rate at a record low of ... (full story)
- Comments
- Comment
- Subscribe
- Comment #1
- Quote
- Jul 17, 2017 9:33pm Jul 17, 2017 9:33pm
- arjang
- | Joined Sep 2009 | Status: Member | 13 Comments
- Comment #2
- Quote
- Jul 17, 2017 9:41pm Jul 17, 2017 9:41pm
- bigsimmo
- | Joined Jul 2017 | Status: Member | 9 Comments
- Comment #3
- Quote
- Jul 17, 2017 9:56pm Jul 17, 2017 9:56pm
- vera
- | Membership Revoked | Joined Dec 2015 | 11 Comments
- Comment #4
- Quote
- Jul 17, 2017 9:56pm Jul 17, 2017 9:56pm
- Tony112
- Joined Apr 2008 | Status: sometimes... news come unexpected | 2557 Comments
- Comment #5
- Quote
- Jul 17, 2017 10:10pm Jul 17, 2017 10:10pm
- emilvr
- | Commercial Member | Joined Dec 2008 | 37 Comments
- Comment #6
- Quote
- Jul 17, 2017 10:12pm Jul 17, 2017 10:12pm
- PaulDaemon
- | Commercial Member | Joined Jan 2015 | 473 Comments
- Comment #7
- Quote
- Jul 17, 2017 10:14pm Jul 17, 2017 10:14pm
- emilvr
- | Commercial Member | Joined Dec 2008 | 37 Comments
- Comment #8
- Quote
- Jul 17, 2017 10:24pm Jul 17, 2017 10:24pm
- Micc23
- | Joined May 2017 | Status: Member | 848 Comments
- Comment #9
- Quote
- Jul 17, 2017 10:58pm Jul 17, 2017 10:58pm
- Davit
- Joined Feb 2012 | Status: Member | 281 Comments
- Comment #10
- Quote
- Jul 17, 2017 10:58pm Jul 17, 2017 10:58pm
- MamaThakral
- | Additional Username | Joined May 2015 | 6 Comments
- Comment #11
- Quote
- Jul 17, 2017 10:59pm Jul 17, 2017 10:59pm
- Davit
- Joined Feb 2012 | Status: Member | 281 Comments
- Comment #12
- Quote
- Jul 18, 2017 12:07am Jul 18, 2017 12:07am
- squawk
- Joined Oct 2013 | Status: Member | 9 Comments
- Comment #13
- Quote
- Jul 18, 2017 1:31am Jul 18, 2017 1:31am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments | Online Now
- Comment #14
- Quote
- Jul 18, 2017 2:27am Jul 18, 2017 2:27am
- Subdude
- | Joined Aug 2007 | Status: If it walks like a duck... | 557 Comments
- Comment #15
- Quote
- Jul 18, 2017 2:29am Jul 18, 2017 2:29am
- squawk
- Joined Oct 2013 | Status: Member | 9 Comments
- Comment #16
- Quote
- Jul 18, 2017 3:10am Jul 18, 2017 3:10am
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments | Online Now
- Comment #17
- Quote
- Jul 18, 2017 3:43am Jul 18, 2017 3:43am
- mallee
- Joined Jun 2013 | Status: Member | 141 Comments | Online Now
- Comment #18
- Quote
- Jul 18, 2017 3:43am Jul 18, 2017 3:43am
- Guest
- | IP XXX.XXX.85.93
- Comment #19
- Quote
- Jul 18, 2017 4:17am Jul 18, 2017 4:17am
- forexengines
- | Membership Revoked | Joined Jul 2016 | 75 Comments
- Comment #20
- Quote
- Jul 18, 2017 4:32am Jul 18, 2017 4:32am
- Guest
- | IP XX.X.61.79
- Comment #21
- Quote
- Jul 18, 2017 5:48am Jul 18, 2017 5:48am
- PaulDaemon
- | Commercial Member | Joined Jan 2015 | 473 Comments
- Comment #22
- Quote
- Jul 18, 2017 6:58am Jul 18, 2017 6:58am
- Bd888
- | Joined Feb 2015 | Status: Member | 151 Comments
- Comment #23
- Quote
- Jul 18, 2017 5:56pm Jul 18, 2017 5:56pm
- exofabulous
- | Joined Sep 2015 | Status: Member | 54 Comments
- Comment #24
- Quote
- Jul 18, 2017 6:09pm Jul 18, 2017 6:09pm
- Aussi
- Joined Sep 2013 | Status: Member | 4049 Comments | Online Now
- Comment #25
- Quote
- Jul 19, 2017 4:00am Jul 19, 2017 4:00am
- WhiteMouseFX
- | Joined Sep 2016 | Status: Eyes on the big moves :-P | 344 Comments
- Comment #26
- Quote
- Jul 19, 2017 4:04am Jul 19, 2017 4:04am
- WhiteMouseFX
- | Joined Sep 2016 | Status: Eyes on the big moves :-P | 344 Comments