Brown flags bill to regulate interest rates
Wednesday, November 17th, 2010Greens leader Bob Brown will give notice today of a bill to effectively re-regulate interest rates for two years. View full post on ABC News: Business
Greens leader Bob Brown will give notice today of a bill to effectively re-regulate interest rates for two years. View full post on ABC News: Business
Muzzling the interest rate hounds
Saturday, November 6th, 2010The current dog-fight between Wayne Swan, Joe Hockey and bank CEOs about interest rates goes back to Australia's strange mortgage design, which could be fixed by changing the terms of home-buyers' bank contracts. 5 Nov 2010 10:22 AM View full post on WBC | RSS Business News Feed | Business Spectator
Reserve ready to pull trigger on rates
Tuesday, September 21st, 2010The Reserve Bank has delivered its bluntest warning yet that interest rates are likely to rise sooner rather than later. View full post on ABC News: Business
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
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 ...