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 ...
The 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 ...
RBA Shocks Economists
Tuesday, February 2nd, 2010The vast majority of economic opinion was swinging towards at least a 0.25% rate increase today from the first board meeting of the Reserve Bank of Australia. This was met with the unexpected - a hold on the official cash rate for the time being. The rate stays at 3.75% Specifically ...
Why does the RBA plan to raise interest rates?
Monday, November 30th, 2009Over 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, ...
Will inflation affect RBAs interest rate decision?
Monday, November 2nd, 2009On the eve of Melbourne Cup day, and the RBA Interest Rates decision, for many the result is not about whether or not interest rates will go up, but by how much. With inflation already well on the rise most are predicting a 50 basis point rise tomorrow, and more than ...
‘Emergency Level’ interest rates gone
Wednesday, October 7th, 2009RBA governor Glenn Stevens announced tuesday afternoon that the board has decided the financial crisis is all but over in Australia, with the decision to lift interest rates from today by 25 basis points. Markets so far have had a shaky response to the move, but it seems to be ...
RBA Remains Firm on Interest Rates
Tuesday, August 4th, 2009The Reserve Bank of Australia have decided to leave the cash rate unchanged at 3.0 per cent at its meeting today. Stating that global financial markets seem to have seen the worst, and that there is even modest growth in some areas, including Australia's major trading partner China. "Economic conditions in ...