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    • HelloOz replied Oct 23, 2012

      Inflation rose more than expected in the third quarter but remains at levels weak enough to allow room for the RBA to cut rates again in November. Data out today showed inflation rose 1.4 per cent in the three months to the end of September ...

      AUD/USD
    • HelloOz replied Oct 21, 2012

      BUDGET UPDATE - KEY NUMBERS Surplus: $1.1 billion in 2012-13 (down from $1.5 billion in May budget). Revenue: revised down by $4 billion for 2012-13, and $20 billion over four years to 2015-16.Savings: $16.4 billion over four years. HITS TO 2012-13 ...

      AUD/USD
    • HelloOz replied Oct 21, 2012

      It's Canberra's surplus fixation, not China's economy, that could push the Reserve Bank into cutting interest rates again on Melbourne Cup day. The bi-partisan rush to fiscal rectitude is doing more to weaken demand here than softer growth in Asia. ...

      Australian Bear Raid
    • HelloOz replied Oct 21, 2012

      THE federal government has slashed spending by $4 billion to reach a forecast surplus of $1 billion this financial year, which is $500 million less than forecast at the May budget. Read more: url

      Australian Bear Raid