Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision
Number 2017-25 Date 5 December 2017 At its meeting today, the Board decided to leave the cash rate unchanged at 1.50 per cent. Conditions in the global economy have improved over 2017. Labour markets have tightened and further above-trend growth is expected in a number of advanced ... Read more
Banks ask for inquiry to end ‘uncertainty’ —Investor Daily News
The chairmen and chief executives of the four major banks have penned a letter to federal Treasurer Scott Morrison asking him to establish a “properly constituted inquiry” into the financial services sector. In an letter sent to Treasurer Scott Morrison this morning, the chairmen and chief ... Read more
Why cautious optimism is better for your investment health than perma pessimism—Dr Shane Oliver, Chief Economist of AMP Capital
29 November 2017 Key points Worries about an imminent financial crisis remain high. Australians seem particularly negative about the year ahead. However, the global economy is the strongest it’s been in years. More fundamentally, cautious optimism is essential if you wish to ... Read more
Breaking Down the ABC’s of Caution —PIMCO Global
Joachim Fels, Global Economic Advisor, Scott Mather, CIO U.S. Core Strategies and Olivia Albrecht, Fixed Income Strategist, discuss key macro uncertainties such as aging U.S. expansion, central bank balance sheet expansion, and China uncertainty against a backdrop of synchronized global ... Read more
Amazon entry to lift online sales across retail sector: UBS — Business Spectator
The Amazon Warehouse in Dandenong, Victoria. Picture: Eli Greenblat Amazon could spark a retail revolution when, as speculated, it launches its highly anticipated Marketplace platform today, disrupting consumer electronics, fashion and apparel and encouraging an acceleration of ... Read more
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