Investor Signposts: Week Beginning October 28 2012
Upcoming economic and financial market events
So do the revised figures on the Federal Budget make a rate cut more likely, or less likely, on Melbourne Cup
Day? Analysts have differing views. Some say that the changes announced in the mid-year update were largely
accounting tricks. Others say that the determination to produce a surplus, no matter what, means that the
Reserve Bank has to keep downward pressure on the economy.