Darren Gibbs
Darren Gibbs
looks reserve
It all looks pretty disappointing for the Reserve Bank.
bank cut evidence half inflation interest looking second seem sometime terms
There doesn't seem to be any evidence that inflation is accelerating. In terms of when the bank can cut interest rates, we are still looking at sometime in the second half of the year.
addition capital great greater past rate seeing seen stock
We are seeing significant investment. The rate of addition to the capital stock is as great if not greater than anything we have seen in the past 20 years.