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Showing 1 - 10 of 56 results for "Melbourne Cup"

Government must revise infra pipeline: Chalmers

CASSANDRA BALDINI  |  MONDAY, 6 NOV 2023
... on building costs and other costs, we have seen big blowouts in the program." Elsewhere, ahead of tomorrow's Melbourne Cup rate decision, Chalmers said that the Reserve Bank of Australia (RBA) will independently make a choice off the back of data ...

Inflation eases to 5.4%, RBA tipped to hike interest rates

ANDREW MCKEAN  |  THURSDAY, 26 OCT 2023
... strategist Stephen Miller to label an upcoming interest rate adjustment by the Reserve Bank of Australia (RBA) on Melbourne Cup Day as near certain. Miller pointed out that the most recent RBA board meeting indicated a lower tolerance for a sluggish ...

CPI poses awkward optics for RBA: Economist

ANDREW MCKEAN  |  MONDAY, 31 OCT 2022
... inflation result, there remains a good case for the RBA to stick with only a 25-basis point interest rate increase on Melbourne Cup day." "By continuing to raise interest rates, even if by only 25 basis points each month, the RBA is still clearly displaying ...

Chief economist update: RBA does the limbo rock

BENJAMIN ONG  |  WEDNESDAY, 4 NOV 2020
... disappoint expectations, showing just how low it can go. The All Ordinaries index jumped by 1.9% following the RBA's Melbourne Cup Day board meeting on November 3, with big capitalisation stocks - Top 100 up by 1.9% -- and little ones - small caps ...

Chief economist update: Weak household consumption now a sure thing

BENJAMIN ONG  |  TUESDAY, 5 NOV 2019
The race that stops the nation - the Melbourne Cup - is upon us. There'll be a lotta betting and hopin' and wishin' and prayin' for a chosen steed to make it past the finish line in first place. Cross Counter is the odds-on favourite ...

Chief economist update: Beam us up Scotty

BENJAMIN ONG  |  FRIDAY, 25 OCT 2019
An RBA rate cut won't happen on Melbourne Cup Day, 5 November. But it will happen - perhaps down to negative and up to the point where the Australian central bank is forced into quantitative easing and print Australian dollars. This is because latest ...

Chief economist update: Rate cuts coming, but not on race day

BENJAMIN ONG  |  MONDAY, 21 OCT 2019
... fiscal spending (but only after it's achieved having the Budget surplus immortalised on paper). Forget about a Melbourne Cup Day interest rate cut! The minutes of the Reserve Bank of Australia's (RBA) October 1 Board meeting first hinted on this ...

Chief economist update: The Middle Kingdom's middling growth

BENJAMIN ONG  |  TUESDAY, 6 NOV 2018
It's the first Tuesday of November - the time when the "Melbourne Cup" runs and the Reserve Bank of Australia (RBA) meets only a few hours apart. All bets are on! There are so many odds on the various horses running in the Cup but there's only ...

Surefire Melbourne Cup bet

BENJAMIN ONG  |  MONDAY, 30 OCT 2017
Want a sure bet for next week's Melbourne Cup? Bet on the Reserve Bank of Australia (RBA) not moving on interest rates when its board meets on Melbourne Cup Day, Tuesday 7 November. Yes Virginia, I know, it's like saying that sugar is sweet and made ...

Jump goes the Aussie

BENJAMIN ONG  |  WEDNESDAY, 19 JUL 2017
... May 2018 increased to 91% from 52% (before the RBA minutes' release), or as Goldman Sach's predicts, as early as Melbourne Cup Day this November. Never mind that markets ignored the final paragraph in the RBA minutes indicating the Australian central ...
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