Rates on Hold ... For Now!

Posted on 05. Apr, 2011 by Chris Lang.

Yesterday, the Reserve Bank left the cash rate unchanged at 4.75%. And these graphs will help to explain the current dilemma.

For the time being, the RBA's focus is upon "inflation excluding volatile items" — in part caused by the various natural disasters, both here and overseas.

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Was the RBA Asleep at the Wheel?

Posted on 04. Mar, 2010 by Chris Lang.

In fact, the RBA has been cautious ... NOT asleep! Last week, we covered the statistical anomaly relating to Australia's low unemployment figure. And that may well have influenced the RBA in holding rates steady last month. Although, the patchy spending in December and January probably coloured their thinking as well. Nonetheless, you continue to [...]

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