Robert Gottliebsen, Business Columnist, The Australian: Winners and losers of China’s economic boom revealed
Chinese tourists to Australia will almost certainly buy luxury goods given their cash position – great for up-market retailers. Picture: AFP Around the corridors of the World Economic Forum in Davos, Chinese delegates and a number of global institutions are alerting markets that the 2023 ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision — December 6th 2022
Media Release Number2022-41 At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 3.10 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 3.00 per cent. Inflation in Australia is too high, at ... Read more
Statement by Philip Lowe, Governor: Monetary Policy Decision–1 Nov 2022
Number 2022-36 Date 1 November 2022 At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 2.85 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 2.75 per cent. As is the case in most countries, ... Read more
The Perils of forecasting in investing —by Dr Shane Oliver, Head of Investment Strategy and Chief Economist, AMP Capital
It is times like these, when markets are extremely volatile, that requires a frequent reminder to stay the course, keep the long-term in sight, and ignore all the 'noise'. In addition to having some hilarious quips on economists, this is a good article on the merits of staying the course. Making ... Read more
Media Release Statement by Philip Lowe, Governor: Monetary Policy Decision-4 October 2022
Number2022-33 Date4 October 2022 At its meeting today, the Board decided to increase the cash rate target by 25 basis points to 2.60 per cent. It also increased the interest rate on Exchange Settlement balances by 25 basis points to 2.50 per cent. The Board is committed to returning ... Read more
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