Reserve holds rates, ‘no urgency to hike’
Wednesday, September 8th, 2010The Reserve Bank has surprised no-one with its decision to keep interest rates on hold for the fourth straight month. View full post on ABC News: Business
The Reserve Bank has surprised no-one with its decision to keep interest rates on hold for the fourth straight month. View full post on ABC News: Business
Inflation under control, Reserve can ‘sit tight’
Tuesday, September 7th, 2010A private gauge shows inflation under control, giving the Reserve Bank more room to keep interest rates on hold. View full post on ABC News: Business
Export price surge pressures rates
Friday, July 23rd, 2010Australia's export prices surged by the most on record last quarter as Asian demand fuelled huge increases for iron ore and coal, a bonanza for the economy that also underlines the risk of further rises in interest rates. View full post on ABC News: Business
Dollar in free-fall after Kevin Rudd deposed by Julia Gillard
Thursday, June 24th, 2010It's official. Australia now has a new Prime Minister. Welsh born Julia Gillard is now Prime Minister after having won enough votes in leadership battle, and Kevin Rudd standing down. The dollar has already begun sliding, with gains made over the last few days now cancelled out. More to come on what ...
RBA Finally Holds Interest Rates
Tuesday, June 1st, 2010Finally, 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, ...
Interest Rate Hike From RBA ‘No Surprise’
Tuesday, May 4th, 2010The 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 ...
RBA Raises Rates Again to 4.25%
Tuesday, April 6th, 20108 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 ...
Information About Credit Repair And How A Debt Consolidation Loan Can Help
Tuesday, March 9th, 2010It's more important than ever to have a good credit rating. Mistakes do happen however and if you find yourself in a situation where you're unable to pay your bills on time and your credit history is starting to go downhill, you need to act fast. Fortunately there ...
RBA Raises Interest Rates By Another .25%
Tuesday, March 2nd, 2010As expected, the Reserve Bank of Australia has today raised interest rates once again, after stronger than expected house sales, a drop in unemployment to 5.4% and other dominating factors indicating a significant improvement in the economy. "With the risk of serious economic contraction in Australia having passed, the Board ...
Economic Confidence is Back, Baby!
Monday, March 1st, 2010Confidence 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 ...