Inflation gauge up in June - survey
Dr. Sir John Howard, AC, WSCMoF
YOU
LABOUR!
http://www.news.com.au/business/story/0,27753,25738878-31037,00.html
AUSTRALIA'S annual rate of inflation has slowed to a seven-year low as the
downturn in the economy restrains price rises, a private sector survey shows.
The TD-Securities/Melbourne Institute inflation gauge rose 0.4 per cent in June,
following a 0.3 per cent fall in May and no change in April.
In the 12 months to June, the inflation gauge rose by 1.4 per cent - the lowest
annual rate since the start of the series in mid-2002. The annual rate in May
was 1.5 per cent.
Annual inflation, as measured by the gauge, has been below the lower end of the
Reserve Bank of Australia's (RBA) 2 to 3 per cent target range for inflation for
the second consecutive month.
Price rises for private motoring, insurance services and fruit and vegetables
were the major contributors to the overall change in June's result.
Falls in prices for books, newspapers and magazines, alcoholic drinks, meat and
seafoods helped offset some of the overall rise.
TD Securities senior strategist Annette Beacher said June's 0.4 per cent rise
followed a three month period of prices falling by 0.4 per cent.
"The volatility is usual in monthly data, but the key takeaway from the
inflation gauge is that inflation is low and falling and has further downside
risks,'' Ms Beacher said in a statement.
"The collapse in inflation pressures is evident in the fact that in the nine
months since September 2008, prices have risen by a grand total of 0.4 per cent
which is an average of 0.04 per cent per month.''
Ms Beacher said inflation would continue to be below the RBA's target range
until at least mid-2010.
Australia's headline consumer price index (CPI) rose 0.1 per cent in the March
quarter, for an annual rate of 2.5 per cent, the Australian Bureau of Statistics
(ABS) said.
"As a result, the RBA board meeting tomorrow will no doubt discuss the case for
an immediate interest rate cut,'' she said.
"On inflation grounds, the case is compelling, but as has been the case in
recent months the RBA is placing a lot of faith in the momentum in China to drag
Australia out of recession and this may see the RBA, yet again, defer the rate
cut decision to the following month.''
The Reserve Bank board will hold its monthly meeting on July 7. All 19
economists surveyed expect the RBA to leave the overnight cash rate at 3 per
cent, a 49-year low.
Professor Don Harding, of La Trobe University Department of Economics and
Finance, said there had been price rises in 30 spending groups and falls in 20
groups for a net balance of ten rises in June's survey.
"This measure of price pressure is consistent with the trimmed mean and
ex-volatile measures of inflation, all of which suggest that core inflation is
contained within the RBA target range,'' Professor Harding said.
Professor Harding said there was insufficient evidence of emerging inflation to
consider lifting interest rates for now.
The ABS will release the CPI for the June quarter on Wednesday, July 22.
--
http://www.youtube.com/watch?v=_ipvdBnU8F8
- KRudd at his finest.
"The Labour Party is corrupt beyond redemption!"
- Labour hasbeen Mark Latham in a moment of honest clarity.
"This is the recession we had to have!"
- Paul Keating explaining why he gave Australia another Labour recession.
"Silly old bugger!"
- Well known ACTU pisspot and sometime Labour prime minister Bob Hawke
responding to a pensioner who dared ask for more.
"By 1990, no child will live in poverty"
- Bob Hawke again, desperate to win another election.
"A billion trees ..."
- Borke, pissed as a newt again.
"Well may we say 'God save the Queen' because nothing will save the governor
general!"
- Egotistical shithead and pompous fuckwit E.G. Whitlam whining about his
appointee for Governor General John Kerr.
Australia Mining Pioneer & Founder of the True Geology
HOWKY \"@@@gmail.com."> wrote:
WELL DONE
Sir Kevin Rudd
"Dr. Sir John Howard, AC, WSCMoF" <""sirjohnhoward\"@@@gmail.com."> wrote in
message news:026173b7$0$20671$c3e...@news.astraweb.com...
> THANK
>
> YOU
>
> LABOUR!
SHUT THE FUCK UP YOU DUMB CUNT!
Dr. Sir John Howard, AC, WSCMoF
What's the matter, FlangesBum? Does the truth hurt?
Australia Mining Pioneer & Founder of the True Geology
WELL DONE AGAIN DRSIR PORKY HOWKY ....
... and by the way the Lower Lakes are going to inflated too & very
soon indeed
THE MIGHTY SOUTHERN SEAS ARE POISED TO WALK IN BEFORE NEXT
EQUINOX ....
... As Ordered indeed !
By the way, how are your friends the most infamous Antipodean Mining &
Political Criminals ... as well as your Mining Hero Tyrwhitt ...got
his Official Great Dingo Medal as yet ? ... for extraordinary services
rendered to the Land of Bastards ....as one of your most famous
Geological Frauds, I reckon that piece of shit should get it before
IT carks it indeed ....
GO AND VISIT YOUR FLYING GENIUS AT HIS SOUTH YARRA HOME, IT loves
crawling; dishonest & abject blokes of your kind !
Sir Jean-Paul
Sir Jean-Paul
kangarooistan
> GO AND VISIT YOUR FLYING GENIUS AT HIS SOUTH YARRA HOME, IT loves
> crawling; dishonest & abject blokes of your kind !
>
> Sir Jean-Paul
>
I see the Jews moving in to take possession of their River Murray now
they have destroyed it and dumb Aussies are ready to PAY them to take
it over and the USA has sent an invasion force to control the BUMB
Aussies from complaining once they discover the chains around their
children necks and WHO put them in chains the poor silly Aussies will
THEN march in the streets so the even DUMBER Aussie soldiers and
police can kill them
NOTHING can save the DUMB Aussies now mate
Let them bleed slowly to death in peace mate
We need to plan AHEAD to rebuild the country once all the rioting is
over and USA and Israel are no more a threat to the planet
Leave the DEAD to bury the DEAD mate
kanga
=====
> yes
> when such things occur there must be something fishy.
> surely the CIA and the Mossad must have played a role in this.
> could this be a way of telling IRAN. venezuela , bolivia etc to be
> ware?
> CIA does not like leaders they cannot maipulate.
> CHAVEZ should always be vigilant.
> the masses and the pesants should always be alert.
>
YES kamanjaranja
Iran and Venezuelan already know how the USA and Israel operate
Poor silly Aussies are SO DUMB, they actually invite the yanks to
INVADE
Dumb Aussies even train the yank show to invade Australia and TRAIN
the yanks at Aussie taxpayers expense
Watch the police ARREST people who try and complain about paying to
TRAIN yanks invasion of Australia
Australian SOLDIERS are so DUMB , they are actually HELPING train the
invaders
That would be TREASON in most countries
Calls for carbon audit on US-Aust war games
Posted Sun Jul 5, 2009 2:45pm AEST
Two medical organisations are calling for a carbon audit on a joint US-
Australian military exercise, that starts tomorrow.
Exercise Talisman-Sabre will involve around 30,000 troops, simulating
land, sea and air combat at several locations across Australia.
The Medical Association for Prevention of War and Doctors for the
Environment say the environmental impact of the exercises has not been
assessed.
Canberra GP Doctor Sue Wareham says most Australians are opposed to
increased military activity.
"The Defence Review, which has just been conducted by the Government,
disclosed that a majority of Australians want less spent on defence,
rather than more," she said.
"And yet what we see announced from the Government is that they're
going to increase military spending at a time that we have no major
military threat.
"So we believe the focus is all wrong - we need to be focussing on the
real threats, which are climate change, resource depletion and
environmental security."
Dr Wareham says the Government should be concentrating on tackling the
threat posed by climate change.
"It seems to be a lot of funds and energy diverted into preparations
for war when the major problems that we in Australia - and globally -
[are facing] are environmental and climate problems," she said.
"Australians don't face a significant threat of military invasion, the
Defence Department review has confirmed this, and yet we're
undertaking major military exercises."
kanga
=====
Water Security and Climate Change: Israel and the Middle East, with
Australian reflections
Dr Clive Lipchin, Arava Institute, Israel
The Hawke Centre logoMonday 6 July 2009
5.45pm for a 6.00pm start
Bradley Forum, UniSA City West campus, Hawke Building - level 5, 50-60
North Terrace, Adelaide
Jointly presented by the Australia-Israel Chamber of Commerce and the
Bob Hawke Prime Ministerial Centre
http://www.unisa.edu.au/hawkecentre/events/2009events/2009AI_Hawke-Lecture.asp
Australia Mining Pioneer & Founder of the True Geology
*> Bradley Forum, UniSA City West campus, Hawke Building - level 5,
50-60
*> North Terrace, Adelaide
*>
*> Jointly presented by the Australia-Israel Chamber of Commerce and
the
*> Bob Hawke Prime Ministerial Centrehttp://www.unisa.edu.au/hawkecentre/events/2009events/2009AI_Hawke-Le...
Thanks for the link Mr Kanga,
Has that Hawke cunt got his Great Dingo Medal as yet ... on top of all
other worthless hardware that deceptive & conceited Bastard
collected ?
...what a laugh that Rhodes Scholar title as well ... making such fool
completely clueless in relation to the Collective Chastisement
rightly implemented upon Australia presently !
Only in my book, was a Prime Minister of value and this was the Right
Hon. Harold Holt, he was in command when I was there, but such a good
man was a challenge to that Political Filth in Canberra ...hence Prime
Minister Harold Holt was murdered in cold blood, drown in fact by the
very navy seals supposed to protect him !!!!
LET 'S HAVE A THOUGHT FOR A GENTLEMAN I DEEPLY APPRECIATED INDEED !
HONOUR TO MURDERED AUSTRALIA PRIME MINISTER THE RIGHT HON. HAROLD
HOLT !
I am sure you are as aware of that Truth as I am, as well as the fact
that when a good man happens to come or be born in Australia, he is
either kicked out or murder at the full moon .... this is the full
moon now ! BEWARE THEN !
WATCH YOUR BACK INDEED AND DON 'T MOVE TOO FAR FROM YOUR MR BARKER
MANSION ... AND CAUTION TOO WHEN WALKING INTO YOUR PRIVATE
PARK ...some Mining & Political Criminals commissionned murdering
swines could be hiding behind the trees !
With kind regards
Sir Jean-Paul Turcaud
Australia Mining Pioneer
Krudd the Dud
wrote:
>> THANK
>>
>> YOU
>>
>> LABOUR!
>
>SHUT THE FUCK UP YOU DUMB CUNT!
Your sister knock you back when you tried to pork her, Flanges Bum?
Krudd the Dud
<""sirjohnhoward\"@@@gmail.com."> wrote:
>>> THANK
>>>
>>> YOU
>>>
>>> LABOUR!
>>
>> SHUT THE FUCK UP YOU DUMB CUNT!
>
>What's the matter, FlangesBum? Does the truth hurt?
Flanges Bum can't take it, but sure dishes out major bull shit!
Now, tell us again Flanges Bum, how GDP is calculated?
Dr. Sir John Howard, AC, WSCMoF
LOL! He doesn't know. I wonder if he knows yet that his reply has made it into
my .sig?
--
http://www.youtube.com/watch?v=_ipvdBnU8F8
- KRudd at his finest.
"The Labour Party is corrupt beyond redemption!"
- Labour hasbeen Mark Latham in a moment of honest clarity.
"This is the recession we had to have!"
- Paul Keating explaining why he gave Australia another Labour recession.
"Silly old bugger!"
- Well known ACTU pisspot and sometime Labour prime minister Bob Hawke
responding to a pensioner who dared ask for more.
"By 1990, no child will live in poverty"
- Bob Hawke again, desperate to win another election.
"A billion trees ..."
- Borke, pissed as a newt again.
"Well may we say 'God save the Queen' because nothing will save the governor
general!"
- Egotistical shithead and pompous fuckwit E.G. Whitlam whining about his
appointee for Governor General John Kerr.
"SHUT THE FUCK UP YOU DUMB CUNT!"
- FlangesBum on learning the truth about Labour's economic capabilities.