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The RBA kept interest rates unchanged at 4.75%
- June 7, 2011
- Posted by: admin
- Category: Enconomy, Interest rate, Wealth
No CommentsThe RBA kept its cash rate unchanged at 4.75% today, in line with my expectations. Despite recent talk from the RBA, the statement is more neutral in tone. With little data out in the next few weeks, it will be difficult for the RBA to sufficiently change their view and tighten policy at the July
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Westpac Predict Rates on Hold till 2011
- August 3, 2010
- Posted by: admin
- Category: Finance News
The Reserve Bank Board meets on August 3. With the surprisingly low inflation read for the June quarter (see below) there is no chance of a change in interest rates from this meeting. The underlying inflation read for the quarter printed 0.5% while the headline number printed 0.6%. It goes without saying that the number
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Expect home loan rate hike in August
- July 13, 2010
- Posted by: admin
- Category: Finance News
In a report on the RBA Governor’s Statement following the July board meeting we made the observation that: “It now appears likely that a 0.7%qtr print for core inflation would see policy unchanged at the August meeting, whereas we think a 0.8%qtr result would still see a rate hike.” We continued: “The last sentence in
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RBA on hold – inflation now in focus
- May 31, 2010
- Posted by: admin
- Category: Finance News
Information contained in this report was current as at 28 May 2010 The Reserve Bank Board meets next week on June 1. Following the last rate hike announcement on May 4 we argued that there was little chance of another rate move until the August Board meeting following the release of the une quarter CPI.
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RBA announces interest rate remains unchanged
- February 2, 2010
- Posted by: admin
- Category: Finance News
The Reserve Bank of Australia (RBA) has announced today that the Official Cash Rate will remain unchanged. Therefore the Official Cash Rate remains at 3.75% The message today is that although rates are going up it will be gradual and measured. With the economy heading back to potential growth rates and little spare capacity, we
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Inflation increase gives weight to Feb rate hike
- January 20, 2010
- Posted by: admin
- Category: Finance News
Inflation has risen for the second consecutive month, adding to concern that more interest rate hikes are on the way. According to the TD Securities – Melbourne Institute Inflation Gauge, consumer prices rose 0.3 per cent in December last year to 2.6 per cent – the highest level in nine months, but still within the