“[Any hopes that] the Reserve Bank could hold off raising interest rates have been dashed, ... If the bank is going to contain inflation in 2006 and 2007, they have got to keep raising rates.”
“They've set the groundwork for a rate rise in October. They've been disappointed by how persistently high inflation is and how the economy just hasn't cooled off in a way they would've liked it to.”
“If you want sustained growth you need business investment to help drive it. The growth report combined with the election victory is good news: investors for years have been crying out for reform and have been hoping the Japanese economy can sustain growth.”
“We're short-term fans of the Australian dollar. The global demand for commodities is incredibly strong because of the global economy, which is doing very well.”