Government Sector Debts
  • Total Government Debt

    AUD
  • National Government Debt

    AUD
  • State & Local Government Debt

    AUD
  • Government Debt with AFIs

    AUD
Interest Rates
  • Target Cash Rate

    Percentage Per Annum
  • Consumer Price Index

    Percentage Per Annum
Private Sector Debts within Banking System
  • Total Private Debt

    AUD
  • Business Debt

    AUD
  • Household Debt

    AUD
  • Housing Debt

    AUD
  • Owner-occupied Housing Debt

    AUD
  • Investor Housing Debt

    AUD
  • Personal Debt

    AUD
  • Credit Card Debt

    AUD
Money Supply
  • Broad Money Supply

    AUD
  • Money Base

    AUD
  • Currency

    AUD
Economic Growth
  • Gross Domestic Product (GDP)

    AUD
  • Population

  • GDP Per Capita

    AUD

7th February 2017


RBA very unlikely to move today


The primary reason that the RBA will be less inclined to adjust the Cash Rate today is year-ended core Inflation (excluding volatile items) data for December 2016 amounted to 1.3%. This is well below the 2-3% RBA Inflation Target over the Long Run. Outside of this, money markets have been consistently stable for months now and are providing yields well about the Cash Rate of 1.5%. This money market data suggests the RBA could actually raise the Cash Rate to bring more alignment to the CGS market. However, the bond markets only stabilised last year in November upon the Trump election result, as the markets moved to take more risk by moving moneys out of bonds and into equities. Click here to view current CGS yield data. Though it is uncertain how stable this trend will be as we move further into the Trump Administration, the buzz word in financial markets at the moment being ‘uncertainty’. Making it unwise for the RBA to increase the Cash Rate today.


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Australian Debt Clock.com.au


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