Australian Financial Review

RBA could blow bubble back up

Unfortunately for the RBAs bosses, their own boffins have now debunked their junk. In an outstanding new paper two RBA economists conclude that the reduction in real interest rates [effected by the RBA] accounts for most of the subsequent boom in dwelling pri…

ASX set to open higher

Today’s Agenda Local data: NZ BusinessNZ manufacturing PMI February Overseas data: China new home prices February; Bank of Japan policy meeting; Euro zone CPI February; US NY Empire manufacturing March, Industrial production February, UoM consumer sentiment…