rba almost certain to increase rates next week, page-5

here's todays http://www.abs.gov.au/AUSSTATS/[email protected]/ProductsbyReleaseDate/7F76D15354BB25D5CA2575BC001D5866?OpenDocument

interesting discrepancy between the two figures. Yesterdays numbers was the labour price index.



It was a really close result last month whether they would raise or not. The way I perceived 'the minutes' before reading any journalism articles on the issue, was that it was merely a holiday break and just a precautionary wait and see.

I see no reason why the RBA cannot continue the upward projectory to normalised rates.