Tag Archives: ratecut

Bunnings & Masters doing well, but clothing retailers struggling

Yesterday’s retail turnover data from the ABS were unimpressive and have added to the case for a rate cut by the RBA Board today, which is almost a certainty. Our sluggish retail turnover reflects both Australia’s high savings rate in … Continue reading

Posted in Macroeconomy, Retail trade | Tagged , , , , , , , , | 2 Comments

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

Posted in Macroeconomy | Tagged , , , , , | Leave a comment