NAB fine-tunes timing of rate call: RBA to cut in July to 1%

Thanks to video conferencing, onerous trips to the hospital to seek medical advice may be drawing to a close.

The Fed has kept rates on hold but have kept the door wide open for future rate cuts.

The ABS retail trade measure will see a modest (0.2% m/m) return to positive territory in May, indicating little or no bounce back from April’s disappointing result.

The federal election and lower expected interest rates have contributed to a rebound in business confidence- but not business conditions.

There’s been a lot of movement in equities and bonds.

Australia is at a crossroads and we face a stark choice – strive towards a more positive future of growth and prosperity or suffer a slow decline.

In a new CSIRO report, Australian energy productivity and low emission technologies offer affordable, reliable energy and create new opportunities and sources of comparative advantage if three key levers are implemented.

A report by CSIRO, NAB and 20 other organisations, draws on the latest scientific data and states that Australia is at a crossroads and faces a stark choice – strive towards a more positive future of growth and prosperity or suffer a slow decline.