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Shane Oliver Quotes
«It shows you can't rely on another big jump in coal and iron ore prices to bail out the trade deficit.»
«A correction or period of consolidation is due and this now appears to be happening.»
«Long-term economic growth is not sustainable if it's coming mostly from remittances. To maintain a strong living standard, the Philippines needs to encourage investment and that will build productive capacity and sustain consumption over the long-term.»
«Our assessment is that house prices may have a bounce but this is unlikely to mark the start of a sustained recovery.»
«This is exactly what the Reserve Bank wants because increased investment reduces inflationary pressure and will help build capacity.»
«Exports probably would have improved a little bit but not much, so it's really just a continuation of the past - we're not looking for a dramatic change.»
«It is a significant psychological milestone, the approach of which has triggered some profit-taking over the past six weeks.»
«The homes sales data is more important, because if the market continues to slow, that will ultimately take pressure off the U.S. Fed Reserve.»
«Based on the current level of bond yields and earnings fair value around 5 600 points, the dividend yield remains attractive compared to alternative investments.»
«U.S. interest rates are pretty close to the top. By year- end it is quite likely the Fed will be shifting toward easing monetary policy and investors will be starting to wonder about a renewed widening in the Australian and U.S. interest-rate gap.»