Monday, March 1st, 2010
Confidence in the economy is back, and in no short supply either. Housing sales shot up by 9.5% in January, with more investors getting back into the market offsetting the downturn from the end of the First Home Owners Grant.
The Governor of the Reserve Bank Glenn Stevens has made ...
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Tuesday, June 2nd, 2009
At it's monthly meeting today, the RBA has once again decided to freeze interest rates at their current position of 3.0 per cent. From the website:
"Evidence has continued to emerge that the global economy is stabilising, after a sharp contraction during the December and March quarters. The considerable economic policy ...
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Tuesday, April 7th, 2009
The Reserve Bank of Australia met today to discuss the state of the global economic crisis, and how Australia is faring in comparison to other countries, including its trading partners. They have determined that another modest drop in the official cash rate is necessary to continue to stabilise the downturn.
In ...
Posted in Interest Rate Updates, RBA Interest Rates | 1 Comment »