- Brisbane’s headline consumer price index (CPI) remained relatively unchanged in the March quarter 2015, but was 1.4% higher over the year.
- Australian equity prices have increased by 7 per cent, with resource sector equity prices partially recovering and financials’ equity prices increasing strongly.
- The Board decided to lower the cash rate by 25 basis points to 2.25 per cent.
- Queensland’s state final demand (SFD) rose by 0.1%.
- Trend employment in Queensland rose by 3,400 persons (0.1%) in March 2015, the fifth consecutive monthly gain.
- The trend estimate for total dwelling units approved in Queensland in April 2015 was 21.0% higher than the April 2014 estimate.
- The Federal budget has been announced and is focusing on building jobs, growth and opportunity and providing a credible path to surplus.