Stephen Roberts Quotes (8 Quotes)

The risk is increasing of renewed build-up of inflation pressure, from energy and wages.

It does take a lot of pressure off the Reserve Bank. It's hard to get persistent inflation without wages pressure, and hard to get wages pressure with employment easing.

I contend that we are both atheists. I just believe in one fewer god than you do. When you understand why you dismiss all the other possible gods, you will understand why I dismiss yours.

If the consumer price data confirm an acceleration in inflation then there's a real risk the bank could tighten as soon as November.

Over recent years it has been subdued import prices that have mostly helped to keep a lid on Australian inflation.

The start of a higher import price trend implies higher Australian inflation ahead.

They need inflation information before they can move. It was totally as expected, but a few people are starting to look ahead because of the stronger data we've had, speculating whether a rate increase could come as soon as May.

With commodity prices up strongly, and with the likelihood of the resources boom persisting for many months to come, it is hard to see Australia escaping without the need for higher interest rates.