Australian economic growth accelerated in the September quarter of 2015, increasing 0.9% leaving the annual rate of growth at 2.5%. Markets has been expecting a quarterly increase of 0.8%, with the annual rate ticking up to 2.4%. The increase extends Australia’s phenomenal economic record, having not experienced a technical recession […]
As widely expected by financial markets and economists alike, the RBA left the official cash rate unchanged at 2.0% following its December monetary policy meeting. Having first reintroduced it in November, the board maintained its easing bias in the final paragraph of the statement, noting “the outlook for inflation may […]
The excitement is building.
Rate cuts back on the table?
As widely expected.
No V-Day parade rally today.
Fastest decline since August 2012.
First stronger fixing this week.