RBA's Ellis - Starting to see spill over effect from public infrastructure spending

Comments from RBA Assistant Governor Ellis crossing the wires via Reuters-

  • Starting to see spillover effect from public infrastructure spending onto non-mining private sector
  • Watching energy policy developments in Australia
  • Expect retail electricity prices will add to CPI in coming quarters
  • Electricity prices not a dominant factor in household spending, but will add to headline inflation

IEA’s Birol: US shale output to match Iraq production in 7 years

Livesquawk reports comments from Dr. Fatih Birol, Executive Director, International Energy Agency (IEA), predicting that the US shale oil output wil
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