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"We've heard a lot about cautious optimism from the RBA, these figures add more caution to the optimism.'' Treasurer Wayne Swan was also cautious yesterday when assessing Australia's economic prospects. Full Article at Herald Sun
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"We can't help thinking that interest rate rises may have taken the edge off growth in employment,'' he said. Full Article at The Daily Telegraph
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EMPLOYMENT advertising has fallen for the first time in three months as Treasurer Wayne Swan warned that the global recovery had a long way to go. In the short-term, stocks are expected to open flat today ahead of finance data expected during the week. Full Article at The Courier Mail
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THIS week's jobs data will highlight the stark contrast between the Australian and US economies, but Treasurer Wayne Swan says it's appropriate for the Government's stimulus to continue. Full Article at NEWS.com.au
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“We got data today that suggests that interest rates are going to be on hold for a while,” said Max Bublitz, chief strategist at SCM Advisors. When the dollar is weaker, U.S. goods are cheaper for buyers overseas. Full Article at Columbus Ledger-Enquirer
