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| | | ... The Reserve Bank of Australia's (RBA) decision to leave interest rates unchanged in April has come as no surprise to economists who expect rates to remain on hold for a while yet. Yesterday the RBA held its key lending rate steady at 5.25% for the third ... |
| | | | ... more solid levels in March but there was weakness ahead as the housing sector continued its downturn, according to economists. The Australian Bureau of Statistics (ABS) will publish March labour force numbers on Thursday, with the market forecasting ... |
| | | | ... a survey separate from the jobs tally, ticked up to 5.7% from the two-year low of 5.6% in January and February. But economists largely dismissed the rise as insignificant. Reuters/ |
| | | | ... said sales were 8.3% higher than the same time last year, at $15.76 billion. But the monthly rise was smaller than economists' expectations, dragged down by a fall in the sale of household goods and spending on hospitality and services. Household goods ... |
| | | | ... rose 3.2% in February but the gain may signal a demand and supply balance that isn't positive for the housing market, economists warned. The gain in overall approvals, seasonally adjusted, followed four months of declines. The number was inflated by ... |
| | | | ... another at the start of 2005, while a higher Aussie dollar will erode the gains from a pick-up in the farm sector. Most economists are predicting a slowing in economic growth by the second half of this year, and the federal Treasury is expecting 3.5% ... |
| | | | ... November and December. January is traditionally a soft month for home borrowing, but the size of the fall was bigger than economists' expectations. Home loans for owner-occupiers fell seven per cent, allowing for seasonal influences. The ABS said borrowing ... |
| | | | ... would give it more time to assess the effect of the strong local dollar and slowing housing sector on the economy, economists said today. The central bank today left the cash rate at 5.25%, following yesterday's March board meeting, the second consecutive ... |
| | | | ... last year. The increase came despite back-to-back interest rate hikes in November and December and was higher than economists' expectations of a 1% expansion over the quarter. The ABS also revised up growth in the September quarter, to 1.3% from 1.2% ... |
| | | | ... the drought. However, exports are still expected to cut 0.5 percentage points from economic growth, prompting many economists to downgrade their forecasts for December when figures are released today. The Reserve Bank left rates on hold last month after ... |
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