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Examples
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Craig James , chief economist at Commsec, said a rate increase now will "derail an economy that is effectively standing still" after being hit by a string of natural disasters in January and February.
Australia Wage Slowdown Eases Rate Pressure James Glynn 2011
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``Of course if the Australian dollar had remained close to its recent high of US$1.10, motorists would now be better off to the tune of around 7 cents a litre,'' said Commsec economist Savanth Sebastian.
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"We know in this environment people are looking for a bargain," Commsec economist Savanth Sebastian told news.com.au.
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Commsec analyst Steven Daghlian said gains in financial stocks were offset by a poor day on the market for mining companies.
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Commsec market analyst Steven Daghlian said the market had followed weak leads from European and US share markets overnight.
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Steven Daghlian, market analyst with Australian stockbroker Commsec, said the Australian market was likely taking a slightly positive lead from the United States.
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Commsec market analyst Steven Daghlian said the market extended its early losses on the back of weaker than expected earnings reports.
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But Commsec economist Savanth Sebastian says prices are likely to rise in the next two weeks.
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Commsec market analyst Steven Daghlian said the market extended its early losses on the back of weaker than expected earnings reports.
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Commsec market analyst Steven Daghlian said the market had followed weak leads from European and US share markets overnight.
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