Trade surplus at record high
Commodity prices, weaker dollar help bring closer our first current account surplus since the 1970s.
Commodity prices, weaker dollar help bring closer our first current account surplus since the 1970s.
The RBA has rolled out its first back-to-back cuts in rates since mid-2012, but the heavy lifting isn’t complete.
RBA governor Philip Lowe has left the door open to more interest rate cuts, but doesn’t seem to be in a rush to deliver them.
The Reserve Bank appears poised to deliver the most dramatic cuts to official interest rates since the GFC.
Forecasts for a return to federal budget surpluses will have to be ditched if the trade war puts the brakes on growth in China.
If you ever wondered why we threw the kitchen sink at the economy to push back the GFC, ask Philip Lowe.
The RBA’s board agreed further cuts to the cash rate are “more likely than not”, minutes show.
Temporary hiring last month linked to the federal election was not enough to lower the unemployment rate.
The unemployment rate was higher than predicted in May, stoking the case for another rate cut.
The RBA cut rates to get a lower sustainable unemployment rate, but it admits it’s working in the dark.
Original URL: https://www.theaustralian.com.au/author/james-glynn/page/23