• 500 jobs to be cut at Holden
  • Holden boss blames lower demand for one car model and the high $A
  • link to article

ANZ job ad figures yesterday were lower, and we get official employment data out of the ABS on Thursday (prior was the huge +71,ooo reading, expected is -5,000). It appears the RBA easing cycle may be over, but the easing bias remains.