Disliked..Some decent job adverts out in Aus http://www.sbs.com.au/news/article/2...s-strength-anz Retail sales and the budget are due next. If we get some movement (taxes) - this could really improve things http://www.sbs.com.au/news/article/2...udget-tax-cuts..Ignored
RBA Statement Analysis (May 2, 2017)
Neutral Bias
Summary of key points, worries and expectations
- Non-mining investment remains low as a share of GDP and a stronger pick-up would be welcome
- Wage growth remains slow and this is likely to remain the case for a while yet.
- A gradual further increase in underlying inflation is expected as the economy strengthens
- An appreciating exchange rate would complicate this adjustment.
What do you think?
3