Tag Archives: AUD
Next rate move in Australia to be down – 100 bp’s of easing through 2012
Westpac now expect a sequence of rate cuts beginning with 25bps in December 2011 and through 2012 totalling 100bps prior to a period of steady rates in 2013. While the catalyst for the first rate cut is likely to come from offshore we do not expect it to be a one off. Interest rates are […]
AUD Consumer Sentiment down sharply
*WESTPAC SEES NO CHANGE IN RBA RATES FOR REST OF THIS YEAR WESTPAC SAYS `EASING BIAS’ IS RBA’S MOST APPROPRIATE POLICY