CBA's Michael Blythe says Australia's Q2 CPI was in line with RBA expectations, and the central bank had mentioned that more rate cuts could come. » Read More
Australia faces the prospect of losing its vaunted AAA rating, after S&P Global Ratings lowered the outlook on the country's debt to negative.
Jacanda Capital's Philip Alexander says Australia's Kogan IPO came at a terrible timing given global uncertainties and investors fleeing to safe havens.
Treasurer Scott Morrison says the budget presented to parliament in May is necessary to drive investment in the non-mining sectors.
Treasurer Scott Morrison says if the Coalition government is re-elected, there'll be no backpedaling on fiscal commitments.
Australian consumers were confident going into the elections and spent more on discretionary items, says MasterCard Advisors' Sarah Quinlan.
Political leadership vacuum and growth outlook uncertainties will continue to weigh on markets, says Macquarie Wealth Management's Martin Lakos.
New South Wales' Transport Minister Andrew Constance says the close elections highlight the need for governments to have stronger agendas.
Commonwealth Bank's Gareth Aird says there were not much clues in the RBA statement, but it is likely watching Q2 CPI before making a rate move.
The central bank conserved its ammunition at Tuesday's policy review, as expected, despite doubts over the economy following Saturday's election.
It's still too early to determine the full impact of Australia's elections on major banks' earnings and share prices, says Morningstar's David Ellis.
The Reserve Bank of Australia will probably stay neutral as it won't want to add any fuel to the political uncertainty, expects HSBC's Paul Bloxham.
If the Labor Party wins, the fiscal environment would be different which would lead to the RBA less likely to cut rates, says BoS' Richard Jerram.
The RBA might not necessarily signal an easing bias in its July's statement in order to cut rates in August, says Nomura Australia's Andrew Ticehurst.
The RBA will likely wait until Q2 CPI figures come out before it reassesses interest rates, says Compass Global Markets' Tony Boyadjian.
Investors are not expecting a rate cut today, but will watch for hints of an August cut and any mention of the Brexit, says NAB's Ivan Colhoun.
Mark Rolfe, professor at the University of NSW, talks about the recent elections in Australia and what it means for the coalition government.
The Liberal–National Coalition winning a narrow majority comes down to a mere few hundreds of votes, says Flinders University's Haydon Manning.
IMA Asia's Richard Martin talks about the challenges that Prime Minister Malcolm Turnbull will face with a minority government.
A large majority of Australian voters are frustrated with government policies, explains Leyland Private AM's Charles Leyland.
Ecognosis Advisory's Andrew Freris says the Aussie dollar has been resilient amid uncertainty and its overnight deposits still offer positive yields.