Asia Economics Update Australia's cash rate still likely to be hiked this year The Reserve Bank of Australia (RBA) held its cash rate at 4.75% today, as expected. The global economy looks to be slowing, but above-trend growth is nonetheless still likely in Australia and there is... 7th June 2011 · 1 min read
Asia Economics Update Australia's economic weakness will not last long Today’s Q1 GDP data show that Australia’s economy contracted in early 2011 at its fastest pace since the 1991 recession. However, the weakness was down to local floods and Cyclone Yasi. Growth will... 1st June 2011 · 1 min read
Asia Economics Weekly Australia set for above-trend growth Australia’s Q1 GDP data will be released on Wednesday and are likely to show that the economy contracted in early 2011. However, the weakness was mainly down to local floods and Cyclone Yasi. Growth... 30th May 2011 · 1 min read
Asia Economics Update Australia still targeting a quick return to budget surplus Despite recent natural disasters, Australia’s government stuck to its aim of moving back into a surplus by 2012-13 in today’s federal budget. The goal is likely to be achieved given the prospect of... 10th May 2011 · 1 min read
Asia Economics Update Australia's monetary tightening on course to resume this year The Reserve Bank of Australia (RBA) held its cash rate at 4.75% today, as expected. Nonetheless, core inflation rose in Q1 while above-trend GDP growth looks likely over 2011-12. The upshot is that we... 3rd May 2011 · 1 min read
Asia Economics Update Australia's monetary tightening will resume this year The Reserve Bank of Australia (RBA) held its cash rate at 4.75% today, as was universally expected. Nonetheless, above-trend GDP growth still looks likely in 2011-12 and will eventually lift price... 5th April 2011 · 1 min read
Asia Economics Update Asia's manufacturing growth slow Manufacturing PMIs for March, released overnight and today, remained buoyant for India, but declined in Korea, Taiwan and dropped even more sharply in Australia. New export orders accelerated for both... 1st April 2011 · 1 min read
Asia Economics Update Australia's mining boom to bring above-trend growth Australia’s economy grew at a faster pace at the end of last year than in Q3, as expected. Recent natural disasters will lower GDP in this quarter but the outlook is positive. Growth should accelerate... 2nd March 2011 · 1 min read
Asia Economics Weekly Australia's central bank still likely to hike this year The Reserve Bank of Australia (RBA) is virtually certain to keep its cash rate on hold at 4.75% on Tuesday. Low inflation, sluggish household spending, and the uncertainty created by the recent... 28th February 2011 · 1 min read
Asia Economics Update Australia's monetary policy tightening is not over The Reserve Bank of Australia (RBA) held its cash rate at 4.75% today, as was universally expected. Low inflation and the uncertainty created by the floods disaster are likely to keep the RBA on the... 1st February 2011 · 1 min read
Asia Economics Update Australia's Reserve Bank still likely to hike by year-end The government in Australia will introduce a temporary levy on household incomes to help pay for the damage caused by recent floods. The floods disaster has not materially changed the economic outlook... 27th January 2011 · 1 min read
Asia Economics Update How will the floods in Australia affect the economy? The flooding in Queensland continues to devastate communities and businesses but it is still most likely that the impact on Australia’s economy as a whole will be relatively small and temporary... 11th January 2011 · 1 min read
Asia Economics Update Australia's policy tightening is not over, but will be slow The Reserve Bank of Australia (RBA) held its cash rate at 4.75% today, as expected. Its commentary was unusually dovish. Nevertheless, above-trend GDP growth still looks likely in 2011-12, which means... 7th December 2010 · 1 min read
Asia Economics Weekly Australia's policy tightening to pause, but not stop The Reserve Bank of Australia (RBA) meets on Tuesday and is likely to keep its cash rate unchanged at 4.75%. This is because recent data have been soft while mortgage rates have generally increased by... 6th December 2010 · 1 min read
Asia Economics Update Australia's GDP slowdown will be short-lived Australia’s economy in Q3 expanded for the seventh consecutive quarter, albeit at a slow pace. The outlook is upbeat. GDP growth should accelerate soon to an above-trend pace, with investment leading... 1st December 2010 · 1 min read
Asia Economics Update Australia's fiscal consolidation remains on track The latest budget projections published today confirm that Australia’s fiscal position is exceptionally strong when compared to other high-income economies. The overall budget will move back into... 9th November 2010 · 1 min read
