Tagged: Reserve Bank

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Australian market set to open lower

THE Australian sharemarket is tipped to open lower ahead of the Reserve Bank‘s monthly board meeting and interest rate decision on Tuesday. Read more here: Telegraph     

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Will soft GDP drag down the dollar?

By Jim Vrondas The Bank of England still looks like it may be the first to increase rates, and although not likely this week the votes are likely to remain split as they were...

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Aust dollar holds ground ahead of RBA

By Daniel Palmer The Australian dollar has lost a little ground in quiet overnight trade as investors opt for a cautious approach ahead of the Reserve Bank of Australia's September board meeting. At 4....

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Inflation eases back to mid-point of RBA target

By Michael Janda Inflation has eased back to the middle of the Reserve Bank‘s 2-3 per cent target band, according to a widely-watched private index. The Reserve Bank holds its monthly board meeting tomorrow,...

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Inflation largely flat in August: TD-MI

By AAP Price rises for fruit and vegetables, furniture and the newspaper, books and stationary category were offset by falls in health costs, petrol and holiday accommodation. The gauge was up by 2. 5...

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The Week Ahead

By Savanth Sebastian Also on Tuesday the current account data for the June quarter is issued with plenty of interest in the extent to which net exports (exports less imports) boosted economic growth in the quarter....

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Household solar energy subsidies should be cut back: review

By Emma Griffiths Significant falls in the cost of solar panels and an increase in power prices has led the review to conclude that “the small-scale renewable energy industry is becoming commercially viable”. Government...

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Value of construction activity contracts in quarter

This fall-off in the value of engineering works was partly offset by completed residential building, which at $13. 4 billion was up 3. 6 per cent compared with the March quarter and nearly 10...

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Warburton braces for 'controversial report'

By John Conroy The Abbott Government received the Renewable Energy Target Review report on August 15, with review panel head Dick Warburton saying the two-week extension was to ensure the "controversial" report was "right",...