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RBA interest rate announcement
- February 4, 2014
- Posted by: admin
- Category: Enconomy, Finance News, Inflation, Interest rate, Wealth
No CommentsThe RBA has today opted to keep the official cash rate on hold at 2.5 per cent. This decision was widely anticipated. The inflation reading for December was unexpectedly high and the lower Aussie dollar is now coming into play. Housing prices are also still rising – evident by another good January and that will
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Rate cut likely
- December 3, 2012
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, House prices, Inflation, Interest rate, Wealth
While many economists believe the Reserve Bank of Australia (RBA) will cut the official cash rate again when the Board meets tomorrow, it is not a guaranteed event. With new economic data showing weakening investment intentions and only modest signs that monetary policy is driving rebalancing of growth, a 25 basis point rate cut next
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NAB Predicts Interest rates on hold until mid 2012
- August 29, 2011
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, Home loan product, Inflation, Interest rate, Wealth
The National Australia Bank has adjusted its expectations for the timing of future movements in the official interest rate. According to a statement by the bank’s chief economist Alan Oster, NAB now expects a considerable period of inaction by the RBA. NAB still however continue to expect the direction of the next move in the
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RBA home loan interest rates on hold for now…
- July 21, 2010
- Posted by: admin
- Category: Finance News
The RBA appear comfortable with interest rates at 4.5% and maintains a neutral stance. However, the risks to both the global and domestic outlooks appear to have shifted further to the downside. In particular, the RBA appears more concerned about the outlook for Europe and ongoing tensions in global financial markets. While the Bank notes