In a relatively quiet week, all eyes will be on the Australian quarterly inflation numbers and the RBNZ decision.
Australia: In an otherwise quiet week finishing with the Anzac Day holiday, some of the suspense has been taken out of the quarterly CPI data on Wednesday because: (a) there is a pretty good forecast of the [...]
Australian Inflation, RBNZ Decision
April 19th, 2008 · No Comments
Tags: Australia and New Zealand
RBA interest rate rises and the unofficial tightening by the banks have broken the back of the housing market
April 14th, 2008 · No Comments
Housing finance numbers for owner-occupiers fell by a large 5.9% compared to expectations for a 0.5% rise. Housing finance approvals are now 0.2% lower than at the same time last year.
Finance values for established dwellings took the brunt of the fall in finance values, down by 6.9% as low affordability and higher interest rates curbed [...]
Tags: Australia and New Zealand
Australia / New Zealand - The Central Bank Appearances
March 24th, 2008 · No Comments
Australia: There is a busy fortnight ahead for RBA Governor Stevens and his department, as they continue to react to changes in market and macro risk in this volatile environment. This Thursday includes a speech on “Recent Financial Developments’ to a Euromoney conference in Sydney, followed a couple of hours afterwards by the semi annual [...]