Last quote by Paul Dales
Because the holiday was earlier than usual this year, more of the rush in China to fulfil export orders happened in January, which boosted Chinese exports and therefore Australia's imports. In February, the reverse happened. With commodity prices having started to edge lower and Cyclone Debbie currently reducing the volume of coal exports, the trade surplus may have peaked.feedback
Paul Dales has been quoted 6 times. The two most recent articles where Paul Dales has been quoted are Cyclone Debbie just a squall for Australia's fair weather economy and Australia jobless rate at 13-month high, door ajar for rate cut. Most recently, Paul Dales was quoted as having said, “So Debbie's economic legacy could be fairly large. The big losers are those construction companies that couldn't get on site, the miners that shut down operations and the manufacturers whose factories were empty.”.
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Quotes by Paul Dales
Mar 31 2017
So Debbie's economic legacy could be fairly large. The big losers are those construction companies that couldn't get on site, the miners that shut down operations and the manufacturers whose factories were empty.feedback
Mar 16 2017
As such, the labor market is unlikely to generate much inflationary pressure for the foreseeable future. If the unemployment rate were to rise sharply, this could be enough to prompt a further rate cut by the RBA.feedback
Dec 01 2016
The RBA must be getting a little concerned the economy isn't quite as strong as it thought.feedback
Aug 02 2016
Net exports are unlikely to remain as soft in the second half of the year, but these data highlight that the external sector can't drive growth on its own.feedback
Jun 01 2016
Even mining companies don't expect resources exports to continue to rise at their current pace.feedback
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