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Aussie Economy Is Set For A Rebound

Aussie Economy Is Set For A Rebound

Frank Gelber, chief economist for BIS Schrapnel said recently at a conference in Brisbane that Australia was in the middle of a shallow but protracted downturn and it would be expected that the economywould still remain weak even through 2010.
He also indicated that it would be followed by a strong three stage rebound:
1.      Firstly there [...]

The RBA Is Looking To Keep Interest Rates Stable

The RBA Is Looking To Keep Interest Rates Stable

It appears that the RBA are not rushing in to raising interest rates just yet.  There seems to be certain sectors of the finance market that are showing good signs of recovery, but it is also encouraging to see that the RBA are not rushing into interest raising decisions.
There is one thing that the general [...]