Stephen Roberts
Stephen Roberts
australian helped mostly prices recent subdued
Over recent years it has been subdued import prices that have mostly helped to keep a lid on Australian inflation.
bank confirm consumer data inflation price risk soon
If the consumer price data confirm an acceleration in inflation then there's a real risk the bank could tighten as soon as November.
ahead data few increase inflation information people rate soon starting stronger totally whether
They need inflation information before they can move. It was totally as expected, but a few people are starting to look ahead because of the stronger data we've had, speculating whether a rate increase could come as soon as May.
energy increasing inflation renewed risk
The risk is increasing of renewed build-up of inflation pressure, from energy and wages.
employment hard inflation persistent pressure reserve wages
It does take a lot of pressure off the Reserve Bank. It's hard to get persistent inflation without wages pressure, and hard to get wages pressure with employment easing.
extent fullest happen
It doesn't happen very often. We prosecute to the fullest extent of the law.
dropped economy held high hopes met radar screen
Productivity hasn't met the high hopes held out for it and, as a result, has pretty much dropped off the radar screen for economy watchers.
australian higher implies inflation price start trend
The start of a higher import price trend implies higher Australian inflation ahead.
australia boom commodity escaping hard higher interest likelihood months prices resources
With commodity prices up strongly, and with the likelihood of the resources boom persisting for many months to come, it is hard to see Australia escaping without the need for higher interest rates.