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
The 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
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 ...
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 ...
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, ...
‘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 ...