Quotations
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Brian Redican Quotes
«An improvement in the trade balance will set the economy up for an improved performance in the fourth quarter. Mediocre consumer spending, the drag from net exports and declining housing construction have taken their toll on growth in the third quarter.»
Author: Brian Redican
«The Reserve Bank is very firmly on hold. The housing market is treading water. Investors no longer have the opportunity to get big capital gains, so they have left the market.»
Author: Brian Redican
«GDP is looking a lot weaker than we had anticipated and that should keep the Reserve Bank on hold for a fair while.»
Author: Brian Redican
«It's at that stage where I think policymakers will start to become concerned (about high petrol prices).»
Author: Brian Redican
«There remains a lingering risk of higher interest rates should signs of stronger employment and inflation emerge in coming months.»
Author: Brian Redican
«The state's doing it tough. And the fundamentals of weak house prices and record household debt mean there's not much light at the end of the tunnel.»
Author: Brian Redican
«The market has been trying to push a rate cut, but the Governor has remained steadfast, saying there is no scope for lower rates. The Reserve Bank does have a tightening bias and is concerned by wages pressure.»
Author: Brian Redican
«We've gone through a period where everything has gone right for company profits, but over the past 12 months some cracks have started to develop.»
Author: Brian Redican
«The household sector has really gone into its shell. We do expect to see new capacity come on stream in the mining sector, and that should support exports.»
Author: Brian Redican
«This is a very positive number and it augurs well for economic growth. It's a bright spot.»
Author: Brian Redican