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RBA minutes just released, here are selection of quotes that stood out, interested to hear other peoples thoughts

James Marlay

Livewire Markets

RBA minutes just released, here are selection of quotes that stood out, interested to hear other peoples thoughts. Employment: A range of indicators of labour demand suggested a modest improvement in prospects for employment, although the unemployment rate was still expected to edge higher for a time. Retail: Generally positive however Retail sales had increased by 1.2 per cent in January, continuing the pick-up in momentum that began in mid 2013. The Bank's liaison with firms suggested that, more recently, retail sales growth may have eased from this strong rate. Housing: Housing market conditions remained strong, with housing prices rising in March to be 10½ per cent higher over the year on a nationwide basis.... and that the high level of dwelling approvals in recent months foreshadowed a strong expansion in dwelling investment. (VIEW LINK) @cweston @elucas @jeliseo @ccaton @acowie


James Marlay
Co Founder
Livewire Markets

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