Low interest rates set to continue: RBA
The Reserve Bank has flagged a continuation of low interest rates for some time as the economy continues to adjust to the fall-off in mining investment amid an uncertain outlook.
- by Glenda Kwek
Latest
Retail sales rise, but miss expectations
Retail sales have edged higher in March, but below economists' expectations, as spending in restaurants and cafes rose.
- by Glenda Kwek
$A soars as Kiwi sinks on intervention threat
The Australian dollar has soared to a two-week high as the US dollar weakened, but the New Zealand dollar plunged as the RBNZ warned of FX intervention.
- by Glenda Kwek
Reserve Bank sits pat and leaves interest rates unchanged
Reserve remains on sidelines for the ninth-straight month, hints jobless rate's peaked.
- by Glenda Kwek
RBA keeps rates on hold again
The Reserve Bank has left the cash rate at a record low of 2.5 per cent for the ninth consecutive month as it continues to flag a period of stability for monetary policy.
- by Glenda Kwek
Confidence slumps on budget cuts fears
It's the first gauge of consumer sentiment since potential budget nasties have been making headlines, and the result isn't good for the federal government.
- by Glenda Kwek
Growth signs no game changer for RBA
The Reserve Bank is set to stick to its guns on a stable outlook for interest rates, even as new data pointed to further signs of a turnaround in the jobs market and an increase in consumer prices.
- by Glenda Kwek
Volatile week for $A amid data deluge
The Australian dollar has weakened slightly after a softer-than-expected reading of Chinese manufacturing activity, but is set to be tested further this week amid a raft of domestic economic data and as the Reserve Bank makes its monthly decision on interest rates.
- by Glenda Kwek
Rising Kiwi pressuring the Aussie dollar again
The Australian dollar has fallen to a two-week low against the New Zealand dollar as the country's Reserve Bank hike interest rates for the second-straight month and maintained a hawkish outlook for the economy.
- by Glenda Kwek
Interest rates on hold as inflation cools
A weaker than expected rise in consumer prices over the first three months of this year has sparked a sharp fall in the dollar and pushed back expectations of an increase in interest rates.
- by Glenda Kwek
Rate rise fears ease on soft inflation numbers
Consumer prices were softer-than-expected in the first three months of this year, lowering expectations that an interest rate hike could be on the cards later this year.
- by Glenda Kwek
Original URL: https://www.smh.com.au/by/glenda-kwek-hveg4