Since the carbon tax started: Edition 4

 

There has been a little more information in market variables in the past few days and I have updated the full list below.  Soon we will see a raft of post-carbon tax economic data which I will included in future updates.

This is the fourth edition of Since The Carbon Tax Started in which a range of market and economic indicators are examined in the context of the introduction of the carbon tax on 1 July 2012.   The post is a simple factually based report and at the moment draws no conclusions on causality, correlations or linkages between the carbon price starting and movements in the various indicators.

Here is the latest.

Indicator	Change since end June 2012
Market Indicators
Official cash rate	No change
Australian dollar (vs USD)	+2.9%
10 year govt bond yield	+0.13 percentage points
ASX200	+4.3%
Change in market cap of ASX	+$47 billion
Economic Indicators
RP Data house prices	+0.6%
Change in Housing Wealth	+$24 billion
Westpac index of Consumer sentiment	+3.7%