by Stephen Roberts | 13 May, 2013 | Economics, Laminar Economist Stephen Roberts
The surprise policy move by the RBA last week, cutting the cash rate by 25bp to a record low 2.75% is unusual in that it represents a further easing of an already very accommodating policy setting at a time when there is ample evidence that growth in household... by Stephen Roberts | 29 Apr, 2013 | Economics, Laminar Economist Stephen Roberts
Inflation remains benign according to the Q1 CPI which at 0.4% q-o-q, 2.5% y-o-y came in lower than the market and probably the RBA too were expecting. Importantly, the main two underlying inflation readings were low as well with the trimmed mean up 0.3% q-o-q, 2.2%... by Stephen Roberts | 11 Feb, 2013 | Economics, Laminar Economist Stephen Roberts
Even though the Reserve Bank of Australia (RBA) left the cash rate unchanged at 3.00% at its February board meeting, the accompanying statement indicated that should domestic demand conditions require, a relatively tame inflation outlook would allow the RBA to lower... by Stephen Roberts | 22 Jan, 2013 | Economics, Laminar Economist Stephen Roberts
Economic releases over the past week point to upside growth surprises internationally, but local economic growth languishing. Laminar Group views this combination of better-than-expected global growth and soft local growth influencing the Reserve Bank of Australia...