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RBA rate announcement
- February 3, 2015
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, First Home Buyer, House prices, Inflation, Interest rate, Investment Property, Wealth
No CommentsThe Reserve Bank of Australia has announced the result of its monthly board meeting. The official cash rate has been reduced to a new record-low of 2.25 per cent after being left on hold at 2.5 per cent since August 2013. The Reserve Bank’s decision has come as a surprise: a finder.com.au survey of 30
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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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RBA cash rate announcement
- April 1, 2014
- Posted by: admin
- Category: Budget, Enconomy, Finance News, House prices, Inflation, Interest rate, Wealth
The Reserve Bank of Australia has announced the outcome of its monthly board meeting. The central bank left the official cash rate on hold at 2.5 per cent as most experts had predicted. However, it may not be long before interest rates start to rise. Five economists from Commonwealth Bank, Commsec, HSBC, ING Direct and
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RBA interest rate announcement
- February 4, 2014
- Posted by: admin
- Category: Enconomy, Finance News, Inflation, Interest rate, Wealth
The 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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One more rate cut before year's end
- May 24, 2013
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, House prices, Inflation, Interest rate, Wealth
National Australia Bank believes the Reserve Bank of Australia will cut the cash rate at least once more before the end of the year. Speaking at the NAB Budget Breakfast in Sydney yesterday, National Australia Bank’s chief economist, markets Rob Henderson said the reasons the Reserve Bank cut the official cash rate earlier this month
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Rates on hold…for now
- March 5, 2013
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, Inflation, Interest rate, Wealth
The Reserve Bank of Australia failed to surprise industry pundits today, with the board opting to leave the official cash rate on hold. This is the second consecutive board meeting that the RBA has decided to leave rates on hold at 3 per cent. Home owners would certainly welcome lower repayments but the RBA has
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RBA TIPPED TO HOLD RATES
- March 5, 2013
- Posted by: admin
- Category: Enconomy, Finance News, Financial goals, House prices, Inflation, Interest rate, Wealth
A majority of industry participants feel the Reserve Bank of Australia (RBA) will hedge its bets when the board meets later today and leave the official cash rate on hold. In a recent survey, 76.6 per cent of respondents said they did not expect to see a rate cut in March, while 23.4 per cent of
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Feb rate cut unlikely
- February 1, 2013
- Posted by: admin
- Category: Budget, Enconomy, Finance News, Financial goals, Inflation, Interest rate, Wealth
A majority of Australian homeowners do not expect the Reserve Bank of Australia (RBA) to cut the official cash rate when the board meets next week. According to a survey conducted, 55 per cent of respondents believe the cash rate will remain at its current level of 3 per cent. Of the 452 respondents,
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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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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