Tuesday, July 19th, 2011
Minutes from the most recent Reserve Bank of Australia (RBA) board meeting reveal a greater concern with the global economy and less emphasis on the need for domestic interest rate rises.
View full post on ABC News: Business
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Tuesday, February 15th, 2011
The Reserve Bank of Australia says it is closely watching for a pick-up in the resources boom ahead of its next move on interest rates.
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Tuesday, June 1st, 2010
Finally, 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, ...
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Tuesday, May 4th, 2010
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 ...
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Tuesday, April 6th, 2010
8 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 ...
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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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Monday, March 1st, 2010
Confidence 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 ...
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Tuesday, February 2nd, 2010
The 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 ...
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Monday, November 30th, 2009
Over 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, ...
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Tuesday, August 4th, 2009
The 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 ...
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