Retail sales are up by 4.7% over the year to June 2015 according to the latest edition of the Deloitte Access Economics’ Retail Forecasts subscriber report. House prices reaching new highs in Sydney and Melbourne this winter has been tipped as the main reason for stronger retail spending growth. The continued boom in household goods […]
New home price growth has collapsed across Australia in May, with annualised capital growth rates on existing housing in their second month of single digit growth.
The Reserve Bank of Australia (RBA) did as expected by analysts at its monthly board meeting today deciding to leave the official cash rate unchanged at 4.5 percent.
The Reserve Bank of Australia (RBA) increased interest rates yesterday by 25 basis points percent to 4.5 percent as house prices in Western Australia’s Pilbara region continue to soar.
The Reserve Bank of Australia has again moved to increase interest rates, taking the official cash rate to 4.5 percent as the Australian economy faces inflation fears as it continues to recover.
The Reserve Bank of Australia (RBA) will raise the official cash rate 25 basis points to 4.25 per cent, effective 7 April 2010, surprising the markets that had predicted the cash rate would remain unchanged.
Reserve Bank of Australia assistant governor Philip Lowe has warned of a return to pre-GFC levels house cost spirals as the resources sector grows. RBA assistant governor Philip Lowe warned a conference in Sydney that over “the next couple of years” capacity constraints were looming, especially as the resource sector returns to pre-GFC levels of […]
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