Monday, August 2nd, 2010
An unofficial measure of inflation has recorded its weakest growth in several months, which could give the Reserve Bank more breathing space on interest rate rises.
View full post on ABC News: Business
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Wednesday, June 30th, 2010
Macquarie Bank Term Deposits offer fixed, high returns for cash you don't need until later. Offering competitive interest rates across all terms, you can choose your own maturity date. A minimum initial investment of $10,000 is required. There are no establishment or account keeping fees, plus Macquarie Bank Deposits fall ...
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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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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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Wednesday, May 20th, 2009
The Commonwealth Bank have just released a new campaign where customers can save up to 14% on purchases with one of a selection of credit card product offerings.
"This offer gives existing CBA customers a low 4.99% p.a. interest rate on all purchases for 9 months across the Low Fee, ...
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Monday, May 18th, 2009
Low fixed rate credit cards are a type of credit card that everybody needs to have. These types of credit cards are perfect for anybody. If you tend to carry a balance on your credit card from month to month this is a great option for you. With a low rate ...
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Tuesday, May 12th, 2009
With the official interest rate held this month, some home owners may complain at the lack of change. Never-the-less, lets remember that interest rates are still at a 49 year low of 3.00%.
First time buyers have been making the most of the governments stimulous package boost of the first home ...
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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 »
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 »