| Australia Economy Archive: |
|
Australia's Central Bank Debates Aggressive Hike
Feb 19, 12:33 PM EST |
|
| The quarterly outcome was relatively high at 0.9%, which had lifted the year-ended inflation rate to 3%. |
|
| Board members were briefed on the CPI data for the December quarter 2007. There had now been three consecutive high quarterly readings, with the year-ended rate likely to rise further as the price falls associated with falling fruit prices around the beginning of 2007 dropped out of the calculation. |
|
|
Full Story... |
Australia's Jobless Rate at 33-Year Low
Feb 14, 11:51 AM EST |
|
| Participation rate remained steady at 65.2%. |
|
| Unemployment rate decreased by 0.1 percentage point to 4.1%. The male unemployment rate decreased by 0.4% to 3.7%, and the female unemployment rate increased by 0.2 percentage points to 4.6%. |
|
|
Full Story... |
Australia Interest Rate Grows to 7%
Feb 05, 9:19 AM EST |
|
| At its meeting today, the Board decided to increase the cash rate by 25 basis points to 7.0%. |
|
| CPI inflation on a year‑ended basis picked up to 3% in the December quarter, with underlying measures around 3.5%. This was a little higher than was expected a few months ago. Indicators of demand remained strong through the second half of 2007, and reports of high capacity usage and shortages of suitable labour persist. |
|
|
Full Story... |
Australian Trade Deficit Narrows in December
Feb 04, 2:30 PM EST |
|
| Goods and services debits rose $138m 1% to $20,529m. |
|
| The provisional trend estimate of the balance on goods and services was a deficit of $2,293m in December 2007, an increase of $32m on the revised deficit in November. Goods and services credits rose $107m 1% to $18,237m. Goods and services debits rose $138m 1% to $20,529m. |
|
|
Full Story... |
|
1
|
|
|
|
