RBA keeps rates at 2.50%

At its meeting today, the RBA decided to leave the cash rate unchanged at 2.5 per cent.

Currently things are rolling well according to the RBA, in my conversations with people it is widely varied between industries and workplaces. Some businesses are picking up, others are still flatlining.

MostĀ of my clients are saying general wages growth has been non-existent as well. How are your family travelling? Are you feeling positive about the economy?

View the RBA release here.

RBA keeps rates at 2.50%

At its meeting today, the RBA decided to leave the cash rate unchanged at 2.5 per cent.

rba-logo-630x444We have had some positive reports coming out, unemployment has dipped lower, things are not starting to collapse. That said, most small business owners I speak to are still feeling tough times.

Has your business been feeling the pinch?

View the RBA release here.

RBA keeps rates at 2.50%

At its meeting today, the RBA decided to leave the cash rate unchanged at 2.5 per cent.

Recently, I have heard varying opinions on the state of our economy and potential recovery.

Some economists are pointing towards the likelihood that rates will trend higher by the end for the year. What does this mean for your plans?

View the RBA release here.

RBA keeps rates at 2.50%

At its meeting today, the RBA decided to leave the cash rate unchanged at 2.5 per cent.

The RBA use terms like “demand for labour has remained weak..”. I hear that in raw, honest, desperate conversations with clients and friends and contacts weekly at the moment. More often self-employed business owners are telling me of drying up opportunities and limited options. I am hoping along with you that conditions are improving soon, and the flow on effects will benefit our nation as a whole.

Feel free to let me know how you are doing, and what you are experiencing now in the comments.

View the RBA release here.

RBA holds cash rate at 3.50%

Mixed messages and thoughts from Aussie economists today as RBA leaves the rates the same. Without a crystal ball, who knows? I know that house prices persist at high multiples, and commercial business is mixed between dying and booming depending on what sector it is pegged to.

RBA Logo

At its meeting today, the Board decided to leave the cash rate unchanged at 3.50 per cent.

Full statement available from RBA Website.

RBA holds cash rate at 3.50%

Craig James, Commonwealth Bank’s chief economic wizard, made note of the slow economy, inflation figures are low and nothing much is really taking off, so the RBA is in a tough spot of trying to balance it all out. I look forward to seeing our small businesses growing again soon…

RBA Logo

At its meeting today, the Board decided to leave the cash rate unchanged at 3.50 per cent.

Full statement available from RBA Website.

Economy growing strong

The Australian Bureau of Statistics (ABS) today released unexpectedly high growth results for the March quarter.

What’s the summary? Australian’s are spending well as consumption growth is a key driver in this growth. This should be supporting retailers, but their cost pressures may be biting.

Are you spending more?