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Showing 141 - 150 of 573 results for "December quarter"

Changed RBA rate expectations?

BENJAMIN ONG  |  MONDAY, 6 NOV 2017
... very slim chance of an improvement in household disposable income - its annual growth slowed from 3.2% in the December quarter and 2.1% in the March quarter to 2% in the June quarter - the least since the 1.8% recorded in the December 2009 quarter. If ...

Interest rates on ice

BENJAMIN ONG  |  WEDNESDAY, 4 OCT 2017
... the June quarter from 2.07% in the previous quarter - only just a little bit over the GFC low of 1.76% in the December quarter of 2009. This is not surprising given the sluggish trend in wages - up only 1.9% in the year to the June 2017 quarter. Factor ...

Peak iron ore?

BENJAMIN ONG  |  WEDNESDAY, 20 SEP 2017
Governor Philip Lowe's statement explaining the Reserve Bank of Australia's (RBA) monetary policy decision to keep interest rates unchanged at 1.5% at their 5 September Board meeting, revealed the Australian central bank's optimism over the international ...

Canada economic growth changes gears

BENJAMIN ONG  |  THURSDAY, 7 SEP 2017
... looking at first quarter data showing that GDP growth accelerated to 0.9% (2.3% year-on-year) from 0.7% (2%) in the December quarter. Headline inflation was decelerating from 2.1% in January to 1% in June, the same with the core rate (down from 1.7% ...

Boring is good

BENJAMIN ONG  |  WEDNESDAY, 6 SEP 2017
... Australian GDP growth went from a low 0.4% contraction in the September quarter of 2016 to a high 1.1% surge in the December quarter of the same year. The latest National Accounts report show GDP growth accelerated to 0.8% in the second quarter of this ...

Good jobs, sluggish pay

BENJAMIN ONG  |  FRIDAY, 21 JUL 2017
... assumed." Certainly looks like it. ABS data shows that the underemployment rate had risen above the 7.8% high (December quarter 2009) recorded during the global financial crisis starting in the third quarter of 2014 and has continued to trend higher ...

The bull and bear market in iron ore

BENJAMIN ONG  |  THURSDAY, 20 JUL 2017
Iron ore continues the uptrend that started in mid-June, reaching US$70.24 a tonne overnight. For the technically inclined, this puts iron ore in a bull market - defined as a 20% increase from its nearest bottom - that should encourage further prices ...

Dovish Fed, hawkish BOC

BENJAMIN ONG  |  THURSDAY, 13 JUL 2017
... slowed GDP growth from a peak of 3.7% in the year to the September of 2010 to a mere 0.5% in the year to the December quarter of 2012 that, in turn, contributed to the deceleration in measured inflation, prompting the BOC to lower interest rates again ...

Central Banks fail to disappoint

BENJAMIN ONG  |  MONDAY, 19 JUN 2017
... sees the first quarter slowdown - GDP slowed to an annualised 1.2% rate in the March quarter from 2.1% in the December quarter - as "transitory", and one that should provide an easy comparison when the second quarter figures are estimated, partial indicators ...

Confidence: the business/household divide

BENJAMIN ONG  |  WEDNESDAY, 14 JUN 2017
... Survey report confirmed that the first quarter slowdown in Australia's economic growth (to 1.7% from 2.4% in the December quarter) was anything but transitory. Although the business conditions index dipped by one point to a reading of +12 in May from ...