Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision
Number 2017-21 Date 3 October 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. Labour markets have tightened and above-trend growth is expected in a number of advanced economies, although ... Read more
The US Federal Reserve starts quantitative tightening—Dr Shane Oliver, Chief Economist for AMP Capital
21 September 2017 Key points The Fed has confirmed it will start reducing its balance sheet by not reinvesting bonds up to set limits as they mature. This amounts to quantitative tightening as it will start to reverse some of the quantitative easing that occurred during and after the ... Read more
Are Markets due for a Correction? — Dr Shane Oliver, Chief Economist for AMP Capital
Please click on the link below to view a video from Dr Shane Oliver, Chief Economist for AMP Capital on the potential for a market correction. Are Markets due for a Correction ... Read more
How quickly the World is Changing! —Formula E lures Germany’s motorsport icons
WALL STREET JOURNAL Matthew Brabham leads a Formula E race. Big-name carmakers are vying to win the electric-car race, literally. All Germany’s motorsport icons — Audi, Mercedes-Benz, Porsche and BMW — have said they would soon join Formula E, the electric-car equivalent of ... Read more
The Australian economy bounces back – five reasons why some further pick up is likely —Dr Shane Oliver, Chief Economist for AMP Capital
06 September 2017 Key points Australian growth bounced back in the June quarter helped by consumer spending, investment and trade. There is good reason to expect growth to pick up further going forward: the drag from mining investment is fading, non-mining investment is looking ... Read more
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