Tag Archives: inflation

RBA to address ESA Qld seminar on recent labour market developments

As Australia has experienced below-trend economic growth recently, and the unemployment rate has crept up to around 6 per cent, reducing the bargaining power of employees, wages growth has fallen (chart above). This in turn has contributed to relatively low … Continue reading

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Sub-par growth to continue as mining investment falls and govts restrain spending

The Reserve Bank of Australia’s Head of Economic Analysis, Dr Jonathan Kearns, gave an informative presentation this morning on current economic conditions at an Economic Society of Australia (Qld branch) breakfast at the Brisbane Polo Club. The outlook for at … Continue reading

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Melbourne Cup day rate cut undesirable and unlikely

Jessica Irvine makes an impassioned case for a Melbourne Cup day rate cut from the RBA (Giddy up Reserve Bank and give us an interest rate cut), but I don’t think the RBA Board will provide one. Data in recent … Continue reading

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