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 ...
Posted in RBA Interest Rates | No Comments »
Tuesday, March 3rd, 2009
It looks as though the reserve bank have recognized the stimulus package as having an effect on the economy already, and have backed off from any further drop in interest rates this time around. Having already had the largest decrease in rates in Australias history, the Reserve Bank has held ...
Posted in Interest Rate Updates, RBA Interest Rates | No Comments »
Monday, February 2nd, 2009
Once again the Reserve Bank cash rate is looking to take a hit of 100 basis points, the second in as many months, in a bid to further revitalise the economy. 9 out of 17 top economists surveyed last week are backing the full 100 basis point cut while the ...
Posted in Interest Rate Updates, RBA Interest Rates | 1 Comment »