Eclark1029's List: Australia

• Over recent months there have been further indications that  the forecast pick-up in private investment is occurring,
• expected  strong growth in mining investment and high commodity prices, which have been providing  a substantial boost to incomes in Australia.
• The medium-term outlook for inflation is broadly unchanged.  In underlying terms, inflation is expected to be around 2½ per cent later in 2011,  before picking up gradually to 3 per cent by late 2012.
• Board gradually removed the monetary  stimulus that was put in place during the global downturn.
• further modest adjustment to monetary policy. As a result of this move, and  the subsequent adjustments by lenders, most loan rates are now a little above their  average levels of the past decade or so.

3 more annotations...