australia economy

It’s hard to say that AUD bulls were disappointed by the RBA’s first decision to keep rates unchanged this month, as there was next to no expectation of an increase on the cards. In fact, AUD was seen a little stronger in response to the… Read More

Issues with the Australian housing market, which started off as a minor point of contention for the RBA at the beginning of last year, morphed into a frustratingly large obstacle to raising rates and has now evolved into a source of global… Read More

Speaking earlier this morning at the CEDA Annual Dinner in Melbourne, RBA governor Lowe once again highlighted the issue of subdued wage growth in the economy. Lowe stated: "Flat real wages are diminishing our sense of shared prosperity.”… Read More