Quotes by Jarrod Kerr

“The market is now taking a pause to assess just what Rita will do. It wont fully digest Rita until Monday, although the forecasts are looking a little better than yesterday at present.”

“The interest-rate advantage with the U.S. will continue to narrow and that will weigh on the Australian dollar.”

“This is a concern for Australias growth outlook. Weve been depending on better exports to take up some of the slack in the Australian economy as consumer spending cools. So far, that transition hasnt been very smooth.”

“Its a pretty disappointing number, much below market expectations and our own. Exports were particularly disappointing.”

“Theres no need for the central bank to raise interest rates again.”

“There is further weakness ahead for consumers. House prices are falling, home construction is soft, consumer confidence is down and oil prices have risen.”

“We still think commodity prices are at their peak and will gradually come off, but weve just pushed out the timing a little bit.”

“Weve been expecting exports to pick up some of the slack of the easing domestic demand and were not seeing this to date. So clearly there are capacity constraints out there that remain.”

“Employment is likely to be much weaker going forward and the jobless rate will keep rising as the economy cools. Interest rates are on hold.”

“The Reserve Bank will be happy with this result and be content to sit on the sidelines. Companies are wearing some of the price pressure rather than passing it on. When consumers are tightening their purses, retailers dont want to be cranking up prices.”