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The AUD is the Steve Bradbury of world currencies.....

And reduce future capital growth of property no doubt

C'mon, yes you have

Google wealth effect.

5.1% unemployment, with strong employment growth. Article link here. I can hear the beaming smile of Swanny from here ;)

You would expect that a strong employment number, would mitigate the need for further rate cuts or reduce the amount that some people were talking about, which should support the AUD. But in the short term, most of its movement is likely to be as a result of what is happening in Europe &...

The May unemployment figures are being released tomorrow. If we have a rate similar to last months seasonally adjusted figure, then it is going to be hard to argue credibly about the poor overall economic management of this country. As evidenced by this afternoon's press conference by Jo Hockey

Turk easy......more learned people (all due respect to hobo-jo) have been wrong with their forecasts. Not a hangable offence......

The state based figures are here. These arent telling us anything we didn't already know ie strong WA, NT (even stronger) & Qld. Tassie going backwards and the rest marginally stronger. Even Vic did OK given the bad news stories, which is good from my parochial point of view. The...

An anecdote from one of Melbourne's retail strip (Chapel St South Yarra) Went shopping for some clothes, first time in ages, and I had the pre-conceived notion that I would be able to get some decent deals. Well after multiple shop visits and seeing a couple of things that I was interested...

Chinese Stimulus 2012 It seems a new round of Chinese stimulus is being drawn up

In the context of a relatively strong labour market, reduced interest rates, stronger than anticipated retail spending and now a "school kids" bonus and the inevitable spending, this economy whilst challenged, will not go into recession or even one negative GDP quarter result