RBA Raises Interest Rates By Another .25%

Tuesday, March 2nd, 2010

As 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 ...

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NAB refuses to budge on lowering interest rates

Tuesday, April 14th, 2009

Out of the Big four banks, the NAB is the only one refusing to pass on any of the 25 basis point saving that the Reserve Bank handed down last week. ANZ, Westpac and CBA have all decided they can afford a meagre 10 basis point drop, with St George ...

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