iShares MSCI Australia ETF is an exchange-traded fund incorporated in the USA. The ETF tracks the performance of the MSCI Australia Index. The ETF holds predominantly large-cap stocks from Australian companies. The ETF weights the holdings using a market capitalization methodology and rebalances quarterly.
At its first meeting for 2016, the RBA Board left the Overnight Cash Rate unchanged at a multi-decade low of 2%, as widely expected (see chart). ...
The RBA has tilted policy more dovish. It sees “reasonable prospects” compared to December where “prospects had firmed”.It hinted it will be...