The Federal election on May 18 bookends a busy period on the national political and economic front which began with the Federal Budget on April 2. While there is speculation on the possibility of a rate cut in the near future, the RBA’s decision this month was to hold the cash rate at 1.5%.
We also look at the other economic indicators that paint a picture of the health of the economy, including consumer sentiment, movements in the Australian dollar, unemployment and wages as well as the state of the property market across all of the capital cities.