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Will Home Loan Interest Rates hold?
- November 1, 2010
- Posted by: admin
- Category: Interest rate
No CommentsThe RBA is should hold rates when it meets tomorrow. Last week’s soft data is encouraging the Board to keep rates on hold. Underlying inflation came in below expectations, while credit data was also weak – with business lending particularly soft. Underlying inflation for the year to September eased to a five year low of
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Strong AUD may pause interest rate rise
- October 11, 2010
- Posted by: admin
- Category: Australian Dollar, Interest rate
The improvement in the Australian dollar could force the RBA to leave rates on hold once again when the Board meets next month. The Australian dollar has almost caught up with the US dollar. Further appreciation from here could mean less rate rises may be needed next year as the improved exchange rate works to
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RBA Credit May 2010
- July 1, 2010
- Posted by: admin
- Category: Finance News
Today’s May RBA Credit data indicates, in our view, that credit growth is supporting domestic growth outlook. The 0.4% rise in business credit is positive for the expected recovery in business lending over 2010 and 2011. But the recovery may be gradual. Corporate deleveraging appears to be at its end in the current cycle. But