Archive for the ‘RBA Interest Rates’ Category
Tuesday, August 3rd, 2010
At its meeting today, the Board decided to leave the cash rate unchanged at 4.5 per cent.
The global economy grew faster than trend over the year to mid 2010. The expansion has been uneven, with the major advanced countries recording only moderate growth overall but growth in Asia and Latin America very ...
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Tuesday, July 6th, 2010
The Reserve Bank has opted to keep interest rates steady at its board meeting today.
It was a widely expected move and will give mortgage holders another welcome breather from the six rate hikes they have endured since September last year.
"It looks as though the earlier interest rate hikes are already ...
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Tuesday, July 6th, 2010
The Reserve Bank (RBA) is tipped to keep official interest rates on hold when it meets today.
There have been six official interest rate rises since last October and the RBA has said several times it believes rates are now back at more normal levels.
Fears about global growth and the deterioration ...
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Tuesday, June 1st, 2010
Finally, after six interest rate hikes in the last 8 months, the RBA has provided a little relief to home owners today by deciding to hold the official cash rate at 4.5%. Citing factors including the fall in the Australian dollar, continued trouble in overseas markets and softening commodity prices, ...
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Tuesday, May 4th, 2010
The 0.25% interest rate rise from the RBA today is almost the worst kept secret of the past month. We all knew it would happen.
"With the risk of serious economic contraction ...
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Tuesday, April 6th, 2010
8 out of 15 economists had predicted what almost the entire country was certain of happening today - The Reserve Bank Of Australia raising interest rates by another 0.25% to 4.25%.
With a decline in inflation and the appearance of unemployment having peaked at lower than expected levels quoted as being ...
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Tuesday, April 6th, 2010
NAB has challenged others of the big four on rising interest rates. If the RBA raise rates by another 0.25% today as expected, NAB have made a promise to it's growing customer base that they will not raise by any higher than the amount that the RBA raise by. This ...
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Tuesday, February 2nd, 2010
The vast majority of economic opinion was swinging towards at least a 0.25% rate increase today from the first board meeting of the Reserve Bank of Australia. This was met with the unexpected - a hold on the official cash rate for the time being. The rate stays at 3.75%
Specifically ...
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Tuesday, December 1st, 2009
For the first time since 1990, the Reserve Bank have increased the official cash rate by 25 basis points for the third consecutive month. With unemployment well below predicted levels, and consumer confidence at an all time high leading up to Christmas, the governor of the Reserve Bank Glenn Stevens ...
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Monday, November 30th, 2009
Over the past couple of days I have read many a comment (almost all negative) about rising RBA Interest Rates from ordinary people questioning exactly why it has to happen. People of course will most often only go to the length of publicly commenting about something if it annoys them, ...
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