Michael Blythe Quotes

A difficult retail environment resulted in significant discounting, so lower prices for clothing, household appliances, tools and computing equipment are possible. A low CPI number obviously increases the odds on the Reserve Bank continuing to sit on the sidelines.

- Michael Blythe

Tags

Difficult | Retail | Environment | Resulted | Significant |

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Some of the risks coming through in the labor market in Australia are still very tight and, ultimately, you would expect that to push up wages and then flow through to inflation. - Michael Blythe

Signs of slowing growth and wages moving sideways rather than picking up, and of course the currency showing some signs of life, suggest that the Reserve Bank has probably administered enough monetary medicine for the time being. - Michael Blythe

Whether or not this consumer caution becomes a persistent theme in 2006 will depend to a large extent on labor market trends. - Michael Blythe