RBA - The Reserve Bank of Australia
4:58PM | Friday, 5 April 2013 | Rate cuts might finally be having the desired impact on consumer confidence and spending.
6:24PM | Wednesday, 13 June 2012 | Australia should stop “pretending” it can compete against the low-wage economies of Asia and instead focus on productivity, Reserve Bank governor Glenn Stevens has told the Prime Minister’s Economic Forum.
6:09PM | Wednesday, 13 June 2012 | The Westpac Melbourne Institute Index of Consumer Sentiment increased by 0.3% in June, but Westpac chief economist Bill Evans has dismissed the increase as another “disappointing” result.
6:00AM | Tuesday, 5 June 2012 | Business angst looks set to continue, with the latest Dun & Bradstreet report showing 27% of local businesses anticipate declined sales in the coming months, while 30% expect lower profits.
5:19PM | Tuesday, 29 May 2012 | The Reserve Bank says Australia’s electronic payments system is failing to meet customers’ expectations, with RBA governor Glenn Stevens saying parts of the infrastructure are “a bit dated”.
5:20PM | Monday, 14 May 2012 | Business and industry groups are urging Fair Work Australia to reject a claim for the minimum wage to be lifted by $26 a week, calling for a more “modest” approach to award wages.
1:00PM | Thursday, 5 January 2012 | The services sector remained in negative territory in December, according to the latest Australian Performance of Services Index, with ongoing weakness across consumer-related sub-sectors.
12:40PM | Wednesday, 14 December 2011 | Consumer sentiment fell by 8.3% in December, its lowest level since August this year.
12:14PM | Tuesday, 6 December 2011 | Industry groups have applauded the Reserve Bank’s decision to lower the cash rate to 4.25%, as the European debt crisis continues to impact on the Australian economy.
11:52PM | Friday, 18 November 2011 | October was the best month for retailers in 25 months, according to the Commonwealth Bank Business Sales Indicator, suggesting Christmas sales may not be as dismal as initially thought.