Sentences with phrase «offset weaker conditions»
Buoyant conditions in domestically oriented industries, particularly construction, offset weaker conditions faced by export - oriented firms, including some parts of manufacturing.
https://www.rba.gov.au/ Not exact matches
The relatively fixed exchange rate remained a weak point in the monetary control process, as attempts by the Reserve Bank to change monetary conditions were significantly offset by private capital flows.
Conditions remain strongest in domestically oriented industries, with ongoing strength in retail trade and business services more than offsetting weaker construction activity in the September quarter (Graph 26).
The position taken by the Australian government in UNFCCC negotiations has been largely counterproductive, including: its membership of the Umbrella Group of delayer countries; its prioritization of a post-2020 agreement over raising ambition as is urgently required; its insistence on a meaninglessly weak Kyoto Protocol second commitment period target for Australia; its unreasonable conditions for Australia to increase its Kyoto target; its refusal to countenance even conditional targets deeper than 25 % below 2000; its pursuit of creative accounting rules for LULUCF (land use, land use change, and forestry) in both Kyoto commitment periods [v]; its intended reliance on international offset mechanisms; and its failure to provide finance for developing countries.