-
RBA Leaves Rate Unchanged
- April 3, 2012
- Posted by: admin
- Category: Enconomy, Financial goals, Home loan product, Interest rate, Wealth
No CommentsAt its meeting today, the Board decided to leave the cash rate unchanged at 4.25 per cent.Recent information is consistent with the expectation that the world economy will grow at a below-trend pace this year, but does not suggest that a deep downturn is occurring. Several countries in Europe will record very weak outcomes, but
-
Rates on hold
- March 6, 2012
- Posted by: admin
- Category: Finance News, Inflation, Interest rate, Wealth
The Reserve Bank of Australia has left the official cash rate on hold for the second consecutive month. In the minutes of the Monetary Board Meeting, the Board said that “the expectation that the world economy will grow at a below-trend pace this year, but does not suggest that a deep downturn is occurring. Most
-
RBA SOFTENS ITS OUTLOOK
- July 5, 2011
- Posted by: admin
- Category: Finance News
At its meeting today, the Board decided to leave the cash rate unchanged at 4.75 per cent. The global economy is continuing its expansion, but the pace of growth slowed in the June quarter. The supply-chain disruptions from the Japanese earthquake and the dampening effects of high commodity prices on income and spending in
-
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
-
Interest Rate Outlook RBA rate rises likely through 2010
- January 4, 2010
- Posted by: admin
- Category: Finance News
The RBA looks set to lift the cash rate to 4.25% in QI and to 5.0% by the end of 2010 as activity lifts. The world economy is improving as interest rates stay low and financial markets are starting to work properly again. Australia’s unemployment rate has peaked earlier and at a much lower level