The Reserve Bank of Australia has decided to leave the official cash rate unchanged at a record low of 2%, but said there was scope for a rate cut down the line.
New treasurer Scott Morrison greets RBA Governor Glenn Stevens.
AAP/Paul Miller
I am a member of the “Shadow” RBA Board, which is made up of a collection of industry and academic economists. Just before every meeting of the real-world RBA Board, we announce our recommendations for…
The drop in oil prices, and consequently fuel costs, is driving down inflation and helping the Australian economy.
Andy Rain/EPA/AAP
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
It’s been a steady-as-she-goes year for Reserve Bank Governor Glenn Stevens.
Alan Porritt/AAP
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Reserve Bank governor Glenn Stevens is closely watching rising house prices.
Dean Lewins/AAP
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
With the Australian dollar continuing to fall, the local economy is expected to rebalance.
Paul Miller/AAP
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
The picture of Australia’s economy right now is murky.
PSJeremy/Flickr
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Pressure for a rates hike is increasing.
AAP Image/Jane Dempster
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Rates should stay steady for now, say CAMA economists.
Dan Peled/AAP
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Consumer sentiment has fallen since the federal budget while other indicators suggest the economy is in limbo.
AAP/Dan Himbrechts
The CAMA RBA Shadow Board is a project by the Centre for Applied Macroeconomic Analysis, based at the ANU, which asks industry and academic economists what interest rate the Reserve Bank of Australia should…
Economic activity led by housing is strengthening - but a tough budget may dampen growth.
AAP/Lukas Coch
Latest economic news shows some promising signs for the Australian economy. However, the new government’s first budget next Tuesday is a big unknown. The unemployment rate fell to 5.8% in March while full…
Australia’s economy is showing promising signs, with global events the main source of concern.
AAP
The Australian economy appears to be benefiting from the current expansionary stance in monetary policy, despite uncertainties in the global economy. The CAMA Shadow Board is 71% confident that the cash…
Rising unemployment is likely to be a factor in future interest rate movements.
AAP Image/Joe Castro
The key question for interest rates this month is whether improving domestic demand will curb the increasing rate of unemployment and underemployment, or whether labour market weakness will persist. The…
Australia’s economic position remains uncertain, which may prompt the Reserve Bank to hold interest rates.
AAP
Without a clear direction of where the Australian economy is heading, the consensus to keep the cash rate at its current level of 2.5% remains strong. Uncertainties surrounding the domestic and foreign…
Data suggests a tentative economic improvement.
Image sourced from www.shutterstock.com
The balance of risks to Australia’s economy has barely shifted from last month, so that the consensus to keep the cash rate at its current level of 2.5% remains strong, according to Reserve Bank Shadow…