Tuesday, July 20th, 2010
On the back of the RBA minutes of the last board meeting, which raised rates by 25 bp to 4.00%, interest rates market are less confident of another on April 6.
The minutes show that Guvnor Glenn and his merry men have continued concerns over risks presented to the Euro area ...
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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, 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, 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 ...
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 »