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More - Michael Blythe Quotes

It's on the side of the ledger for a tightening bias. But with uncertainty about global growth and oil prices, the bank isn't likely to move rates anytime soon. - Michael Blythe Quotes

It's on the side of the ledger for a tightening bias. But with uncertainty about global growth and oil prices, the bank isn't likely to move rates anytime soon.

Consumer caution was shaping up as the major domestic risk to the Australian economic outlook in 2006. Good labor market outcomes were always going to be the best antidote to this caution. - Michael Blythe Quotes

Consumer caution was shaping up as the major domestic risk to the Australian economic outlook in 2006. Good labor market outcomes were always going to be the best antidote to this caution.

There were new building regulations there that took effect from July 1 which are going to bump up the cost of new houses. It looks like there was a last minute rush to beat that which pumped up previous months and created this pothole for us to fall into in July, - Michael Blythe Quotes

There were new building regulations there that took effect from July 1 which are going to bump up the cost of new houses. It looks like there was a last minute rush to beat that which pumped up previous months and created this pothole for us to fall into in July,

There were new building regulations there that took effect from July 1 which are going to bump up the cost of new houses. It looks like there was a last minute rush to beat that which pumped up previous months and created this pothole for us to fall into in July. - Michael Blythe Quotes

There were new building regulations there that took effect from July 1 which are going to bump up the cost of new houses. It looks like there was a last minute rush to beat that which pumped up previous months and created this pothole for us to fall into in July.

Whether or not this consumer caution becomes a persistent theme in 2006 will depend to a large extent on labor market trends. - Michael Blythe Quotes

Whether or not this consumer caution becomes a persistent theme in 2006 will depend to a large extent on labor market trends.

Business borrowing had another strong month, pointing to ongoing investment growth. Investment again looks set to support economic growth this quarter. - Michael Blythe Quotes

Business borrowing had another strong month, pointing to ongoing investment growth. Investment again looks set to support economic growth this quarter.

Building approvals have been volatile, but with this bounce, and other data like housing credit, it does look like the housing sector is near bottom after a very mild downturn. - Michael Blythe Quotes

Building approvals have been volatile, but with this bounce, and other data like housing credit, it does look like the housing sector is near bottom after a very mild downturn.

Strong employment keeps alive the risks to wage inflation and the central bank's concerns. - Michael Blythe Quotes

Strong employment keeps alive the risks to wage inflation and the central bank's concerns.

Signs of slowing growth and wages moving sideways rather than picking up, and of course the currency showing some signs of life, suggest that the Reserve Bank has probably administered enough monetary medicine for the time being. - Michael Blythe Quotes

Signs of slowing growth and wages moving sideways rather than picking up, and of course the currency showing some signs of life, suggest that the Reserve Bank has probably administered enough monetary medicine for the time being.

The continued improvement in services-sector activity is particularly impressive given the head winds restraining the consumer-related sectors. - Michael Blythe Quotes

The continued improvement in services-sector activity is particularly impressive given the head winds restraining the consumer-related sectors.

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