Back from a busy few busy days in Cairns which included two economics breakfasts; one yesterday with Michael Workman from Comm Bank (hosted by the AICD) and the other this morning with Warren Hogan from ANZ (hosted by Advance Cairns). Both painted fairly positive pictures for Australian growth in the …read more
PPI for the first quarter of this year has come in with a higher than expected 0.9% q/q increase (final demand stage). This takes the year on year figure to 2.5% (from 1.9% in the previous quarter).The increase has been caused by a sharp increase in the price of imports …read more