It is clear that the level of interest rates are at a sweet spot, neither serving to boost economic activity nor acting as a brake on growth.
More Quotes from Craig James:
Increased confidence, a strong housing sector and low interest rates have got Australian consumers in buying mode.Craig James
If it were to extend these sort of gains for the year, it would have 40 growth. Gains of that sort of magnitude just aren't sustainable.
Craig James
If rural exports lift as expected in coming quarters and support expanded export capacity in the mining sector, the much fabled improvement in Australia's trade accounts will be a step closer.
Craig James
Most interest will be in the price indicators contained in both the GDP and personal income releases.
Craig James
We had very solid gains over December and some profit taking is not out of the question at this time of the year.
Craig James
Consumer spending has been choppy over the past year in response to volatile petrol prices and a soft housing market. We believe that a recovery in consumer spending is now starting to take hold.
Craig James
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