by Cameron Rae | 7 Jun, 2013 | Cameron Rae, Press
Laminar Group, one of Australia’s leading providers of fixed interest opportunities, has launched its new client-focused website. Laminar executive director Cameron Rae said the new website was far more interactive and would give clients the tools they need to...
by Stephen Roberts | 5 Jun, 2013 | Economics, Laminar Economist Stephen Roberts
Q1 GDP was a little softer than expected at +0.6% q-o-q (consensus, +0.8%) and up 2.5% y-o-y. The contribution to the 0.6% rise from household consumption was a little softer than expected (up 0.6% q-o-q contributing only 0.3pp to growth). Private capital spending was...
by Stephen Roberts | 4 Jun, 2013 | Economics, Laminar Economist Stephen Roberts
No surprise from the RBA today, they left the cash rate at 2.75% as widely expected. The accompanying statement was one of the briefest in recent months and indicated that earlier rate cuts and the now very expansionary policy setting are contributing to a lift in...
by Stephen Roberts | 3 Jun, 2013 | Economics, Laminar Economist Stephen Roberts
Retail sales rose in April by 0.2% mom, just shy of market expectations (+0.3%) and after a revised 0.4% fall in March. By category, the stronger elements of the retail sales report were clothing and footwear stores, +1.8% mom; food retailers +0.5%; and restaurants...
by Stephen Roberts | 3 Jun, 2013 | Economics, Laminar Economist Stephen Roberts
Risk assets, including credit, were stronger through the first half of May, before suffering a sharp pullback later in the month. The early month strength was assisted by official interest rate reductions in several countries and most notably Australia where the...