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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Thursday, March 5th, 2009
With all the expectation and concentration on the reserve bank decision this week, we clean forgot to let you know of a change in interest rates for our "compare credit cards" area of the website. Last Thursday the Commonwealth Bank of Australia lowered it's interest rates across the board for ...
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Friday, February 20th, 2009
It never ceases to amaze me how quickly banks will raise mortgage rates when the official cash rate goes up (in some cases even before!) and yet how slow those very same banks are to pass on a rate saving to the customer.
I noticed after the last reserve bank announcement ...
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