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Panic & Financial Decisions don’t mix well…
- April 8, 2020
- Posted by: kimrider
- Category: Australian Dollar, Bank fees, Brokers, Credit Rating, Economics, Finance News, Home loan product, House prices, Interest rate, Rental Property, small business, Uncategorized
No CommentsCOVID-19 has certainly changed our way of life; from having to prioritise our health and well-being, to many of us working and living in isolation and the financial challenges for individuals, business and government across the world that have no precedent. With the unsteadiness and emotion comes panic - look no further than toilet paper -
Property prices forecast to continue rising in 2015
- September 19, 2014
- Posted by: admin
- Category: Australian Dollar, Budget, Buying at Auction, Enconomy, Finance News, Financial goals, House prices, Inflation, Investment Property, Property Renovation, Self Managed Super Funds, Wealth
Prices in Australia’s eight capital cities still have room to move over the coming 12 months. The forecast an average price rise of five to nine per cent, assuming the official cash rate stayed at 2.5 per cent, the economy remained steady and the Australia dollar remained above US$0.85. In this scenario, Sydney would continue to
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Cash rate on hold
- July 2, 2013
- Posted by: admin
- Category: Australian Dollar, Budget, Enconomy, Finance News, Financial goals, Inflation, Interest rate, Wealth
The Reserve Bank of Australia (RBA) has left the official cash rate on hold for the second consecutive month. At its board meeting earlier today, the Bank said it was prudent to leave the official cash rate at a historic low of 2.75 per cent. The board would no doubt be comfortable with the way
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RBA to leave rates on hold
- July 1, 2013
- Posted by: admin
- Category: Australian Dollar, Budget, Enconomy, Finance News, Financial goals, House prices, Inflation, Wealth
Australia’s falling dollar could force the Reserve Bank of Australia (RBA) to leave the official cash rate on hold tomorrow. The Australian dollar is starting to act as a shock absorber for the Australian economy. The Australian dollar is now 11 per cent lower, on a trade-weighted basis, than it was in mid-April. From the
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Rates on hold
- June 4, 2013
- Posted by: admin
- Category: Australian Dollar, Budget, Enconomy, Finance News, Financial goals, Inflation, Interest rate, Wealth
After moving interest rates to a 53 year low in May, the Reserve Bank of Australia has decided to leave rates unchanged at its June meeting. Earlier today, the board decided that the current monetary policy setting was appropriate for the time being. But while the RBA has left the official cash rate on hold
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RBA cuts rates
- December 4, 2012
- Posted by: admin
- Category: Australian Dollar, Enconomy, Finance News, Financial goals, House prices, Inflation, Interest rate, Wealth
The Reserve Bank of Australia has stripped 25 basis points from the official cash rate, taking it to the all time low of 3 per cent. The rate cut means the Reserve Bank has now slashed 125 basis points from the cash rate over the last 12 months. While the official rate now sits at
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Future rate cuts likely: ANZ
- September 4, 2012
- Posted by: admin
- Category: Australian Dollar, Enconomy, Financial goals, House prices, Inflation, Interest rate, Wealth
While it is unlikely that the Reserve Bank will cut interest rates when the Board meets later today, ANZ believe soft job data could encourage the RBA to relax the current monetary policy setting within the next few months. According to the latest ANZ Job Advertisement Series, the number of job advertisements on the internet and
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May rate cut on the cards
- April 10, 2012
- Posted by: admin
- Category: Australian Dollar, Enconomy, Financial goals, House prices, Inflation, Interest rate, Wealth
Pressure is mounting on the Reserve Bank of Australia (RBA) to cut the cash rate in May after unexpected hurdles slow the nation’s growth. The increasing cost of living may spark the RBA to drop rates, with average petrol prices over the long-weekend over $1.50 according to the Australian Institute of Petroleum. The latest RP
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More Interest Rate Cuts
- November 7, 2011
- Posted by: admin
- Category: Australian Dollar, Budget, Enconomy, Finance News, Financial goals, Home loan product, House prices, Inflation, Interest rate, Wealth
I believe that we can expect a further 50 to 75bps of rate cuts I have found the RBA comments quite encouraging. In recognising that the non-mining sector of the economy will remain below trend and forecasting that inflation will be contained there appears to be ample scope for further rate cuts should that non-mining sector continue
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0.25% rate cut on Cup day – you can bet on it
- October 10, 2011
- Posted by: admin
- Category: Australian Dollar, Enconomy, Financial goals, Inflation, Interest rate, Wealth
The Reserve Bank of Australia (RBA) interest rate form guide over the past five years has shown that it has moved to adjust the official cash rate 18 times since November 2006. Interestingly, over the past five years, there has been an interest rate adjustment on every Melbourne Cup day. The Board noted that financial
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